General Electric outfitted 650 British Petroleum (BP) oil rigs with sensors and software that report operational data to a central GE platform that analyzes it to optimize how the rigs run – making them 2 to 4% more efficient than before.
GE CIO Jim Fowler credits most of the improvement not with workers, but with machines. “Machines are telling people what to do more than people are telling machines what to do,” Fowler said at a meeting of the Open Networking User Group (ONUG) this week in New York. The sensors and accompanying software platform helped create incremental improvements in production and avoidance of downtime. He calls it the merging of information technology and operational technology to create value.