GE Digital launches accelerator tools to help energy companies accelerate digital transformation

GE Digital announced its new Accelerator product line adding best-in-class software tools to help empower companies in asset-intensive energy industries to quickly configure its Asset Performance Management (APM) and other offerings.

GE Digital Accelerators are designed to enable faster time to value, scale APM to a wider range of assets, and help enterprises gain financial value at both their facilities and across the enterprise. GE Digital’s first set of Accelerators includes an extensive library of predictive analytics, asset management strategies, and standard health and reliability processes.

These can be applied to the entire energy value chain, from oil & gas to power generation -- ranging from renewables like wind and solar to more traditional gas power and nuclear production assets.

Using advanced pre-built product configurations, companies can efficiently set up enterprise-level asset reliability and performance programs, embedding prioritized actionable information into daily work. In addition, they are designed to scale the power of APM with health monitors, analytics, asset maintenance strategies, and business process workflows.

Accelerators are designed and built with energy industry expertise and best practices from GE Digital’s innovative architects, engineers, and technology partners.

“The energy industry is rapidly changing and companies need to deploy and gain insights from software at faster speeds than ever before,” said Linda Rae, General Manager of GE Digital’s Power Generation and Oil & Gas business. “Digital tools and automation are critical. We designed the Accelerator portfolio to expedite development, configuration, and optimization of APM. For example, Asset Strategy Accelerators can eliminate thousands of resource hours developing equipment strategies and processes in the oil & gas industry.”

Energy companies have used asset management practices for decades on the highest criticality equipment, ensuring high availability to meet the demands of their customers. The increasing complexity and scale of industrial facilities, along with the need for market flexibility, requires applying asset performance practices to a much wider array of equipment, using more advanced digital technologies.

Accelerators will help energy companies expand asset management processes without consuming more time and resources building custom configurations and health monitoring techniques.

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