This isn’t the IoT platform to link your phone to your thermostat; this multi-service, cloud-based platform is meant to analyze in a manageable way the giant petabyte sized hunks of time series data streaming in from power plants or wind turbines, and facilitate the user in creating efficient solutions based off that information.
Cisco estimates that only 3% of industrial data is used in a meaningful way. Predix’s lofty goal is to allow a company to capture all that new data and use it in a meaningful way.
“People like Google and Facebook, they deal with huge amounts of data, but that data is usually pictures of cats and videos and large amounts of text searches, but mainly pictures of cats it seems these days,” says Jon Dunsdon, GE Aviation CTO. “Predix provides what engineers need and delivers it in a way that makes sense to them.”