Photo - (Second from right) Jeffrey R. Immelt, Chairman & CEO of GE; (third from right) Dato' Sri Idris Jala, Minister in the Prime Minister's Department & CEO of PEMANDU and (fourth from right) Datuk Phang Ah Tong, Deputy CEO of Malaysian Investment Development Authority (MIDA) launched Predictivity, GE's Industrial Internet Solutions. The event also marked the unveiling of GE iCenter, the KL-based oil and gas monitoring and diagnostics facility.
U.S. technology and financial services group GE [General Electric] has launched in Malaysia a new industrial internet solution called Predictivity as well as opening a new global oil and gas monitoring remote-monitoring centre called iCenter.
GE Predictivity will leverage big data from intelligent machines and predictive analytics, said GE chairman and chief executive officer Jeffrey R. Immelt, speaking in KLSentral, Kuala Lumpur, during the opening of iCenter.
"Predictivity harnesses the power of the Industrial Internet to connect people, machines, and industrial big data, to deliver better outcomes for customers," said Jeffrey R. Immelt, Chairman and CEO of GE. "The more we can connect, monitor and manage the world's machines, the more insight and visibility we can give our customers to reduce unplanned downtime and increase predictability."
GE Predictivity will help industry players particularly in the oil and gas sector, meet the region's growing energy needs, while managing operational and capital efficiency,' said Immelt.
He said that Predictivity was the 'overarching portfolio of GE's Industrial Internet solutions and is powered by the Predix software platform, which was created to handle the highly complex scale, volume, velocity, security and regulations associated with industrial data.'
Immelt said that the potential for improved asset performance management "was particularly significant for GE's customers in the oil and gas sector where production costs continue to escalate and safety, productivity and efficiency are critical to remain competitive and positioned for growth."
In Malaysia since 1975
The opening of iCenter, one of three such centres in the world, in KLSentral was officiated by Senator Dato' Sri Idris Jala, minister in the Prime Minister's Office, chief executive officer of PEMANDU, which was co-organised with the manufacturing and services sector agency Malaysian Investment Development Authority (MIDA). As well as GE's Immelt, the event was witnessed by Datuk Phang Ah Tong, MIDA deputy chief executive officer; Stu Dean, chief executive officer of GE ASEAN; Visal Leng, general manager, AsiaPac, GE Oil & Gas; and Ambassador Joseph Y. Yun, U.S. Ambassador to Malaysia.
The Malaysian centre, fully integrated with centres in Florence, Italy, and Houston, Texas, gives direct access to experts and engineers to oversee monitoring and diagnostics technology deployed on more than 800 gas turbines and compressors in 27 countries from LNG through to offshore and pipe applications.
In a bid to foster Malaysian talent, local engineers manage the iCenter. These diagnostic Engineers in GE's iCenters can call upon more than 11 million hours of machine data, from countries around the globe, gathered from intelligent sensors and allied with the power of big data and analytics to provide customers with recommendations to ensure that their equipment is performing at the best of its capabilities, and avoid unplanned issues. The goal of the iCenter was to enhance rotating equipment availability, reliability and performance through Predictivity solutions.
MIDA's Phang said "The establishment of GE's iCenter is certainly in line with Malaysia's aspiration to strengthen the oil and gas industrial cluster. The centre complements the oil and gas eco-system as it provides critical support services to the oil and gas companies. We believe that such an establishment will also provide impetus to attract other major oil and gas players to establish their presence here. We are happy to note that our local talents are also involved in managing the iCenter. This reflects GE's unwavering dedication and contribution towards human capital development of Malaysia."
"Kuala Lumpur was selected as a location for the iCenter as a demonstration of GE's commitment to the growth of the region's oil and gas sector," said Visal Leng, general manager, AsiaPac, GE Oil & Gas. "Basing the iCenter, and GE Oil & Gas' overall operations within the capital city made the most sense in terms of market stability, regional access and connectivity, quality of talent, cost of living, and strong infrastructure. GE's office at 1Sentral not only serves as the ASEAN corporate headquarters but is also the Asia Pacific headquarters for Oil & Gas, more specifically our Turbomachinery Solutions and Downstream Technology Solutions businesses."
GE established its Malaysian presence in 1975 with a sales and servicing centre and now has several facilities in the country (Kuala Lumpur headquarters and an aircraft engine maintenance, repair and overhaul Center of Excellence in Subang) as well as key customers sites throughout the country providing employment to more 700 employees). The Kuala Lumpur office serves as the company's ASEAN corporate headquarters as well as the Asia-Pacific headquarters for GE Oil & Gas.
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