Friday, July 24, 2015

Industrial 4.0 software from GE opened efficiency of BP’s Global Operations … – Finanzen.net

Frankfurt (pts010 / 24.07.2015 / 11: 00) – – BP uses industry-4.0 software from GE for monitoring of oil wells – pilot project starts with 650 oil wells – in real-time GE software provides data on the condition of the equipment – Predictive data analysis and remote diagnostics are designed to increase safety

GE Intelligent Platforms is the oil wells of BP connect using industry-4.0 software by GE over the Internet. In the first phase initially 650 oil wells are networked. In the medium term all 4,000 oil wells of BP to the grid.

The data management software from GE continuously fed data on the state of the equipment and operation, such as pressure, temperature, oil flow, quantity and quality, directly to the cloud a <- - sh_cad_2!>; There, the data from all sources are stored, filtered and analyzed. The data are recorded directly on the oil well about sensors. The aim is to sources of error early detection and to increase the safety and efficiency of the plants and to optimize oil and gas production.

The industry-4.0 software from GE allows not only to provide data in real time, but also evaluated by special intelligent algorithms so that can be predicted where and when is expected to defects; so errors can be eliminated before they cause malfunctions and failures. The data are not only collected, stored and analyzed, but also reduced to predefined parameters, graphically and translated into instructions for action.

The software of GE replaced own programming from BP. “By standardizing the software platform we get a better overview and a unified decision-making basis for all plants. So we reduce complexity, increase efficiency and productivity and enhance security,” said Peter Griffiths of BP, responsible for system optimization.

For more information, please visit https://www.gesoftware.com/solutions/oil-gas.

About GE

GE (NYSE: GE) developed things and delivers results that change the world. GE builds a bridge from the world of technology to the digital world. In our development laboratories, our factories and together with our clients we build on the industrial future – GE works to move, power, build and cure the world. http://www.ge.com

Follow GE Intelligent Platforms on Twitter atGE_IP.

Media Contact:

Ellie Holman GE Intelligent Platforms software + 508 698 7456 ellie.holman@ge.com

Jutta Antretter <- - sh_cad_7!> jutta.antretter@shepard-fox.com Tel. +49 89 3803 7000 Mob. +43 664 3646 665

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Released by <- - sh_cad_8!>: Shepard Fox Communications GmbH Contact: Axel J. Schafmeister Tel .: +49 89 2109 3007 Email: axel.schafmeister@shepard-fox.com site: www.shepard-fox.com

Source <- - sh_cad_9!>: http://www.pressetext.com/news / 20150724010

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July 24, 2015 05:00 ET (09:00 GMT) – – 05 00 AM EDT 07-24-15

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