Genpact Joins GE's Predix Early Adopter Program to Help Companies Harness Industrial Internet
Genpact leverages its Data-to-Insight-to-Action(SM) analytics with GE Predix cloud platform to reimagine industrial asset performance management
NEW YORK, Sept. 29, 2015 -- Genpact (NYSE: G), the architect of the Lean DigitalSM enterprise, today announced its participation in GE's Predix early adopter pilot program. This move will allow Genpact to develop, test, and demonstrate solutions to help companies harness the revolutionary power of the Industrial Internet, derive more actionable insight from data, and improve their operations to generate growth, cost efficiency, and business transformation.
The pilot solutions combine Genpact's patented Smart Enterprise Processes (SEPSM) and unique Lean DigitalSM approach that reimagines Data-to-Insight-to-ActionSM analytics, with GE's Predix, a cloud-based platform designed specifically for industrial data and analytics. Genpact is working with GE to develop applications that run on Predix.
"With Predix, GE is helping to drive digital innovation across the industrial world. But the success of the Industrial Internet depends on a collaborative ecosystem," said Harel Kodesh, vice president, Predix, and CTO, GE Digital. "With Genpact, we look forward to driving better outcomes and bringing more effective systems integration to our customers."
The Internet of Things is revolutionizing the industrial world by connecting assets that interact at unprecedented scale and speed. Yet to derive the most value from this data, companies need to integrate it thoroughly with their core operations. To do so, the challenge lies in tightly aligning digital interventions to measurable business outcomes and navigating the complexity of legacy processes and technologies. Genpact, formerly part of GE, brings unique assets to develop applications on GE Predix. When combined with Genpact's expertise in process, engineering, analytics, and digital technology, companies can derive greater value and accelerated business impact.
"GE Predix is a key part of our focused Internet of Things strategy, which also incorporates our overall Lean Digital approach," said Tiger Tyagarajan, Genpact's president and CEO. "The power of GE Predix and Genpact together allow companies to make more sense of their data and better understand how the performance of their industrial assets impacts their entire business."
The GE Predix platform is helping to drive the next phase of Industrial Internet growth and enabling developers to rapidly create, deploy and manage applications and services for industry. By connecting machines to the cloud, GE Predix will transform customers into software-defined businesses – allowing them to offer new service applications, reduce costs, develop new business models and capitalize on new market opportunities. Genpact's Lean Digital approach drives more end-to-end impact by architecting how operations run from front- to back-end, focusing on the entire data-to-insight-to-action cycle and identifying what generates impact to create Intelligent OperationsSM.
Genpact (NYSE: G) stands for "generating business impact." We architect the Lean DigitalSM enterprise through a unique approach based on our patented Smart Enterprise Processes (SEPSM) framework that reimagines our clients' middle and back offices to generate growth, cost efficiency, and business agility. Our hundreds of long-term clients include more than one-fourth of the Fortune Global 500. We have grown to over 70,000 people in 25 countries, with key management and a corporate office in New York City. We believe we are able to generate impact quickly and power Intelligent OperationsSM for our clients because of our business domain expertise and experience running complex operations, driving our unbiased focus on what works and making technology-enabled transformation sustainable. Behind our passion for technology, process, and operational excellence is the heritage of a former General Electric division that has served GE businesses since 1998. Follow Genpact on Twitter, Facebook, LinkedIn, and YouTube.
For more information:
Gail Marold (Genpact Media Relations)
Dan Wilson (For Genpact U.S.)
Will Painter (For Genpact Europe)
+44 (0)207 309 1131