by Brianna Crandall — October 12, 2016 — PwC, a network of assurance, advisory and tax services firms in 157 countries, and global digital industrial company GE’s Digital division recently announced that they have formed a strategic alliance to help organizations in manufacturing, retail, healthcare and other industries harness the power of the Industrial Internet, which brings together intelligent machines, advanced analytics, and people.
Under the Alliance, PwC and GE Digital are helping clients globally create Industrial Internet solutions to improve asset reliability, lower costs, reduce risk, and help drive profitable growth. The Alliance spans PwC network firms in numerous countries including Canada, China, France, Singapore, the United Kingdom and the United States.
PwC provides business transformation services alongside GE Digital’s offerings, including its Predix cloud-based operating system for the Industrial Internet. Predix helps companies build applications that connect to industrial assets, collect and analyze data, and deliver real-time insights to enhance industrial infrastructure and operations. In addition to leveraging GE Digital-powered applications, PwC and GE Digital help clients create customized applications based on their unique needs.
Paul Gaynor, Global Technology Consulting and Alliances leader, PwC, commented:
The Industrial Internet is ushering in significant disruption as executives grapple with shrinking profit margins, slowing growth, cost volatility, and changing customer demands. PwC and GE Digital help clients look at solutions through a holistic lens — integrating strategy, security, technology, processes, people, and data to help drive extraordinary results. This alliance further demonstrates our commitment to helping clients apply digital technology in a way that’s more integral to their business performance.
PwC and GE Digital will work with clients across industries including industrial, power and utilities, oil and gas, retail, healthcare, and transportation, taking into account the unique complexities of each sector and enabling customers to leverage new insight. The technology will support operational efficiencies and real-time supply and revenue management, and the development of innovative business models to drive productivity and growth.
