GE Showcases Industrial Internet Innovations and Promotes Win-Win Cooperation at 2015 TECHfest

GE China Technology Center teams up with Zhangjiang High-tech Management Committee to build an open and interactive technology festival, boosting Shanghai’s progression towards a global innovation center

SHANGHAI, Oct. 21 —— The GE China Technology Center presented the newest industrial trends and innovative achievements in the “Minds and Machines”-themed 2015 GE TECHfest today. Co-hosted by GE China Technology Center and Shanghai Zhang Jiang Hi-tech Park Management Committee, this year’s TECHfest is part of the 2015 ‘Meet in Zhangjiang’ Science and Culture Festival and open to Zhangjiang enterprises for the first time. This cooperation aims to build an open and interactive platform for these enterprises to communicate, present and exchange innovative ideas, thus promoting the development of Zhangjiang and Pudong New Area and contributing to Shanghai’s efforts to become a global innovation center.

One highlight of the TECHfest was a themed forum that invited attendees to “touch the Industrial Internet – under the wave of opportunities and challenges.” That forum brought renowned entrepreneurs and industry experts from IBM, Midea, PTC Thingworx and Shanghai Broad Network Center together to discuss the challenges and opportunities inherent in the industrial transformation and upgrade of China.

Since launching Industrial Internet in 2012, GE has spared no effort to drive Industrial Internet progress in its Healthcare, Aviation, Energy and Transportation businesses. In China, the overcapacity of production and low utilization of assets are critical issues faced by most industrial manufacturing enterprises. The asset and operation optimization brought by the Industrial Internet can solve these problems and promote the integration of information and industrialization.

During this year’s TECHfest, GE also introduced the newly launched Predix.io platform to all the visitors. Predix.io is the world’s first industrial cloud platform for application developers and it will create the largest industrial application market in the globe. GE is now integrating all of the software products for commercialization via the Predix platform to help customers maximize productivity and ensure the quality of products in a sustainable way.

To help attendees experience Predix, the GE China Software team showcased ‘Predix in Action’, an application demo based on Predix.io software platform during TECHfest exhibition. Users can download the demo via Android and IOS mobile devices. The demo features 3-D simulations of oil and gas pipeline repair and medical rescues, monitoring real-time data to detect abnormalities and perform predictive maintenance. In the meantime, it can absorb valuable information delivered from multiple data sources to provide scientific and economical suggestions on operations.

Dr. Xiangli Chen , GE global vice president and president of GE China Technology Center, commented: ”We’re excited to team up with the Zhangjiang High Tech Park Management Committee and open TECHfest to external parties. It’s gratifying to meet with so many innovators and conduct intensive dialogues on the Industrial Internet. GE is transforming itself into the world’s premier digital industrial company by combining digital technology with our expertise in aviation, energy, healthcare and transportation. We hope to leverage this interactive platform and welcome more enterprises to take on new opportunities brought by the Industrial Internet. Together, we can achieve results for customers.”

This year’s GE TECHfest attracted 14 high-tech companies in Zhangjiang who presented a daylong innovation carnival for around 3,000 guests. 80 innovation achievements from GE and Zhangjiang enterprises were displayed in the technology exhibition. A series of roundtable discussions on the Industrial Internet highlighted the event.. Renowned industrial experts and entrepreneurs in ZhangJiang shared insights on big data, telemedicine, brilliant manufacturing, and oil and gas technology, and explored opportunities to jointly promote the development of Industrial Internet in China.

 

GE China Technology Center

As one of nine global research and development facilities at the hub of GE’s worldwide technology development efforts, the GE China Technology Center (CTC) is a diversified, multi-disciplinary organization conducting fundamental research, new product development, engineering service and sourcing service.

Founded in 2000, the GE China Technology Center was relocated to Zhangjiang High-Tech Park since May 2003, with a total physical area of 47,000 square meters. CTC is one of the biggest foreign invested R&D centers and among the very few enterprise R&D centers which have fundamental research capabilities.