General Electric Company (NYSE:GE) Predix And Pitney Bowes (NYSE:PBI) To Bring customized Industrial Apps


Dallas, Texas 07/15/2015 (Financialstrend) – General Electric Company (NYSE:GE) has announced that it will now work with industrial leader Pitney Bowes to build applications for Asset Performance Management (APM) besides unique solutions for the latter’s clientele.

At the centre of these innovative solutions matrix is GE’s software platform – Predix. The platform has been developed for purposes of Industrial Internet requirements.  Based on this platform Pitney Bowes will now rely on big  data analytics and work through its clients data and its own to provide client as well as productivity services. The other aspects which Pitney Bowes would want to rework include job scheduling as well as improvement in business outcomes.

The majority of Pitney Bowes users are financial institutions. Besides, these organizations are a diversified lot, with telecommunication providers as well as insurance firms. These varied client profiles generate voluminous transactional as well as direct mail each day. The aim of the customized industrial apps is to leverage analytical tools such as big data to gain visibility as well as work forward on productivity for these large sized organizations.

General Electric Company (NYSE:GE) Predix will further power Pitney Bowes core competency by allowing asset performance management to be further fine-tuned for the large-sized players. The thrust which GE now wishes to offer its clients with Pitney Bowes is the next generation ‘technology strategy.’ Hardware products will now include next generation data analytics so as to improve business outcomes for clients, according to Pitney Bowes Chief Innovation Officer.

General Electric Company (NYSE:GE) Predix  is the functional core of industrial internet, claims Vice President of GE Software, Bill Ruh. The customized apps that are to be built collaboratively by GE and Pitney Bowes will improve efficiency to such an extent, that the   bottom line of many a company shall be impacted, claimed Ruh.

General Electric Company (NYSE:GE) and Pitney Bowes are all set to rewrite Production Mail business segment, transforming it into app-structured matrices.