Management and technology consultancy BearingPoint and GE Digital announced Wednesday that they have joined forces to help companies develop new digital service offerings by utilizing the Industrial Internet of Things (IoT) and Industry 4.0.
The companies will focus on creating solid business cases by integrating smart services into the enterprise value chain.
GE’s experience with industrial data and analytics combined with BearingPoint’s technology in value chain processes and enterprise PLM-, CRM- and ERP-systems enables companies to provide new digital service offerings to their clients.
GE Digital connects streams of machine data to powerful analytics, providing industrial companies with key insights to manage assets and operations more efficiently. World-class talent and software capabilities driving big gains in productivity, availability and longevity.
BearingPoint consultants understand that the world of business changes constantly and that the resulting complexities demand intelligent and adaptive solutions. Clients, whether in commercial or financial industries or in government, experience real results, while combining industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client’s individual challenges.
This adaptive approach has helped to bolster a global consulting network of over 10,000 people serves clients in over 75 countries and engages with them for measurable results and long-lasting success.
“BearingPoint’s unique mix of management and technology consulting and deep knowledge of ERP systems and the value chain make them a valuable part of the GE Digital Alliance program,”said Denzil Samuels, head of global channels and alliances, GE Digital. “Their Industry 4.0/IoT lab will help us develop solid business cases and enable our customers to harness the power of the Industrial Internet. This partnership will build growth and aid digital transformation for industrial companies.”
“GE Digital is one of the most important platform providers in the Industrial Internet space,” said Donald Wachs, partner and leader of the manufacturing segment at BearingPoint. “Together we will show how smart products enable smart services through the integration in business processes and the use of machine learning.”
Against this background, both companies will integrate GE’s Predix, a cloud-based operating system for the Industrial Internet, to business processes primarily managed by PLM, CRM and ERP systems, allowing sensor data to be shared for new business cases in areas such as customer service and new business offerings. This also provides software, apps and analytics that enable industrial businesses to operate faster, smarter and more efficiently.
Together with BearingPoint’s Smart Factory Model, which was developed in the company’s IoT lab in Berlin, the two companies make clients experience Industry 4.0: machines communicating and sharing information. In addition, prototypes that use IoT technology can be developed and complete solutions can be implemented.