GE Digital and TrendMiner, a Software AG company, formed a strategic partnership to place data-driven decision making in the hands of operational experts working in the energy industry. The strategic partnership is designed to provide customers in industries like oil and gas, metals, mining, and petrochemicals the ability to optimize assets and processes from plant-level operations through to the enterprise.
Industrial companies strive to manage and optimize production across multiple dimensions—overall equipment effectiveness, performance and profitability. Optimizing production and business processes requires access to and the combination of OT and IT data so it may be analyzed to provide actionable insights.
TrendMiner’s advanced analytics solution enriches GE Digital’s suite of Asset Performance Management (APM) software. TrendMiner is a self-service process analytics application providing intuitive visualization of large amounts of sensor-generated, time-series and contextualized data. The solution is available based on customer requirements, on-premises or cloud. It enables process optimization through advanced functionality for process monitoring, troubleshooting and embedded problem solving-capabilities.
“The addition of TrendMiner’s process analytics capabilities will allow us to provide customers with full awareness of their operations at the asset, plant, fleet and enterprise level,” said Linda Rae, general manager of GE Digital’s Power Generation and Oil & Gas business. “As companies adapt to shifting demands for products and calls for increased efficiency and lower emissions, it is critical that companies have a holistic picture of their data and, most importantly, that the data drives action. We look forward to sharing these new capabilities with our customers and seeing them produce improved business outcomes.”
Joan van de Wetering, TrendMiner’s general manager, added: “Strategic partnerships enable organizations to bring the best of their strengths and talent forward to the benefit of their customers. Combining GE Digital’s strengths in optimizing asset performance and TrendMiner’s strengths in providing capabilities to analyze, monitor and predict process behavior enables manufacturing companies to continuously improve their overall operational performance.”
