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GE Digital
GE Digital is a subsidiary of the American multinational conglomerate corporation General Electric. Headquartered in San Ramon, California, the company provides software and industrial internet of things (IIoT) services to industrial companies. GE Digital's primary focus is to provide industrial software and services in four markets: * Manufacturing applications serving discrete and process industries, as well as water utilities and economy-scale digital transformation projects * Electric and Telecommunications Utilities * Oil & Gas industry and related adjacent markets (petrochemicals, chemicals manufacturing) * Power generation (gas, steam, solar, wind, hydro and related balance of plant operations and service support); History 1980-2010: Automation Software * 1980: GE introduces the first Ethernet-enabled protection relay, a device that detects faults in systems. * 1986: GE and Fanuc combine to create GE Fanuc Automation Corporation, which manufactures programmable logic ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entit ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it wi ...
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Power System Operation Corporation
Grid Controller of India Limited (GRID-INDIA) is a division of the Ministry of Power, Government of India. The new name of Power System Operation Corporation Limited (POSOCO) is Grid Controller of India Limited (Grid-India) since 09th November 2022. It is responsible to monitor and ensure round the clock integrated operation of Indian Power System in a reliable, efficient and secure manner thus serving a mission critical activity. It consists of 5 Regional Load Despatch Centres (RLDCs) and the ''National Load Despatch Centre'' (NLDC). The load despatch functions, earlier handled by Power Grid Corporation of India Limited (PGCIL), have been entrusted to Grid-India (erstwhile POSOCO). History Central Government, through Ministry of Power in exercise of the power conferred by sub-section (3) of Sect 26 and sub-section (2) of Section 27 of the Electricity Act, 2003 by notification dt. 27 September 2010 in the Gazette of India, notified that the Power System Operation Corporatio ...
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Prime Minister Of India
The prime minister of India ( IAST: ) is the head of government of the Republic of India. Executive authority is vested in the prime minister and their chosen Council of Ministers, despite the president of India being the nominal head of the executive. The prime minister is often the leader of the party or the coalition with a majority in the lower house of the Parliament of India, the Lok Sabha, which is the main legislative body in the Republic of India. The prime minister and their cabinet are at all times responsible to the Lok Sabha. The prime minister is appointed by the president of India; however the prime minister has to enjoy the confidence of the majority of Lok Sabha members, who are directly elected every five years, lest the prime minister shall resign. The prime minister can be a member of the Lok Sabha or of the Rajya Sabha, the upper house of the parliament. The prime minister controls the selection and dismissal of members of the Union Council of Minist ...
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New York State Power Authority
The New York Power Authority (NYPA), officially the Power Authority of the State of New York, is a New York State public-benefit corporation. It is the largest state public power utility in the United States. NYPA provides some of the lowest-cost electricity in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. Its main administrative offices are in White Plains. NYPA uses no state tax dollars and incurs no state debt, financing its projects principally through the sale of bonds. The bonds are repaid and the projects operated using revenues from operations. State and federal regulations determine NYPA’s customer base, which includes large and small businesses, not-for-profit organizations, public power systems and government agencies. NYPA also sells electricity to private utilities for resale (without profit) to their customers, and to neighboring states, under federal requirements. Approximately 70 percent of the electri ...
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Industrial Internet Of Things
The industrial internet of things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers' industrial applications, including manufacturing and energy management. This connectivity allows for data collection, exchange, and analysis, potentially facilitating improvements in productivity and efficiency as well as other economic benefits. The IIoT is an evolution of a distributed control system (DCS) that allows for a higher degree of automation by using cloud computing to refine and optimize the process controls. Overview The IIoT is enabled by technologies such as cybersecurity, cloud computing, edge computing, mobile technologies, machine-to-machine, 3D printing, advanced robotics, big data, internet of things, RFID technology, and cognitive computing. Five of the most important ones are described below: * Cyber-physical systems (CPS): the basic technology platform for IoT and IIoT and therefore the main enabler to connect ...
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ServiceMax
ServiceMax is a Service Execution Management company. It provides a cloud-based software platform designed to improve the productivity of complex, equipment-centric service execution for OEMs, operators, and 3rd-party service providers. Products & Services ServiceMax's platform is a SaaS (Software as a Service) software running on Salesforce force.com cloud technology. ServiceMax's cloud-based, mobile-ready field service software solution supports companies across industries to manage work orders, plan and schedule work assignments, and provide mobile technician enablement, contracts and entitlements, proactive maintenance, and parts inventory management. The ServiceMax platform is designed to optimize the service execution processes and is used by service technicians, dispatchers, service planners, and their managers. Customers include medical device manufacturing, industrial manufacturing, food and beverage equipment, buildings and construction, technology, oil and gas, and po ...
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Industrial Internet Of Things
The industrial internet of things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers' industrial applications, including manufacturing and energy management. This connectivity allows for data collection, exchange, and analysis, potentially facilitating improvements in productivity and efficiency as well as other economic benefits. The IIoT is an evolution of a distributed control system (DCS) that allows for a higher degree of automation by using cloud computing to refine and optimize the process controls. Overview The IIoT is enabled by technologies such as cybersecurity, cloud computing, edge computing, mobile technologies, machine-to-machine, 3D printing, advanced robotics, big data, internet of things, RFID technology, and cognitive computing. Five of the most important ones are described below: * Cyber-physical systems (CPS): the basic technology platform for IoT and IIoT and therefore the main enabler to connect ...
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Predix (software)
Predix, known as Predix Platform is an industrial IoT software platform from GE Digital. It provides edge-to-cloud data connectivity, processing, analytics, and services to support industrial applications. The Platform has both edge and cloud components. Predix Cloud is hosted on AWS. Overview Predix Platform collects and transfers OT and IT data to the cloud by direct connector software or Predix Edge – an on-premises software product that also supports local analytics and applications processing. Predix Edge deployments can be managed at the local level and/or centrally from Predix Cloud. In addition to data ingestion, processing and storage, Predix Platform provides a framework for operationalizing streaming and batch analytics processing. Predix Essentials is a packaged and pre-configured version of the Predix Platform intended to immediately support GE Digital applications and typical IIoT use cases such as condition-based monitoring. In November 2016, Forrester Resea ...
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Software
Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work. At the low level language, lowest programming level, executable code consists of Machine code, machine language instructions supported by an individual Microprocessor, processor—typically a central processing unit (CPU) or a graphics processing unit (GPU). Machine language consists of groups of Binary number, binary values signifying Instruction set architecture, processor instructions that change the state of the computer from its preceding state. For example, an instruction may change the value stored in a particular storage location in the computer—an effect that is not directly observable to the user. An instruction System call, may also invoke one of many Input/output, input or output operations, for example displaying some text on ...
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Chief Human Resources Officer
A chief human resources officer (CHRO) or chief people officer (CPO) is a corporate officer who oversees all aspects of human resource management and industrial relations policies, practices and operations for an organization. Similar job titles include: ''chief people officer'', ''chief personnel officer'', ''executive vice president of human resources'' and ''senior vice president of human resources''. Roles and responsibilities of a typical CHRO can be categorized as follows: workforce strategist, organizational and performance conductor, HR service delivery owner, compliance and governance regulator, and coach and adviser to the senior leadership team and the board of directors. CHROs may also be involved in board member selection and orientation, executive compensation, and succession planning. In addition, functions such as communications, facilities, public relations and related areas may fall within the scope of the CHRO role. Increasingly, CHROs report directly to chief exe ...
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