Own, Share, Sell: The Value of Data (Part 1)
In part one, Bernie Anger, General Manager of Control and Communication Systems at GE Intelligent Platforms, answers, “What is the value in connecting my automation architecture?”
Think about the amount of information that is actually captured in the control system. Now think about how you would be able to derive new value if you had ready access to that data. Owning data would allow for equipment efficiency, sharing data allows for better support, and selling data can create new business opportunities.
In part two, Bernie Anger will explain why your first step should be determining how owning, sharing and selling data from a connected architecture in automation, can be applied to your business.