Siemens is the largest engineering company in Europe. With their positioning along the electrification value chain, Siemens has the knowhow that extends from power generation to power transmission, power distribution and smart grid to the efficient application of electrical energy. Featured Subsidiaries/ Business Units: - Digital Factory - Siemens Technology to Business (TTB)

GE is a diversified specialty equipment, infrastructure and financial services company. Their products and services range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. GE believes new technologies will merges big iron with big data to create brilliant machines. This convergence of machine and intelligent data is known as the Industrial Internet, and it's changing the way we work. Year founded: 1892 Revenue: $148.5 billion (2014) NYSE: GE Featured Subsidiaries/ Business Units: - GE Digital - GE Predix - GE Intelligent Platform - Wurldtech

In the near future, billions of pieces of equipment will be connected to one another and massive amounts of data will pouring in. Advanced algorithms, high-powered computing, better connectivity and cloud storage all facilitate the emergence of smart systems. Knowing how to leverage the respective opportunities, however, requires a unique set of skills. Siemens has the engineering, domain and digital know-how to generate performance improvements across the entire value chain, from design to production and operations to maintenance. Digital simulation technology accelerates the plant design, the installation and commissioning as well as the entire product design and production planning process. Multiple components in systems and plants can be intelligently networked to communicate with each other and exchange real-time data. Machine Learning makes complex systems more efficient without human intervention. The intelligent analysis of operational data helps identify patterns and predict potential downtimes. Minimum downtimes boost reliability thanks to lifecycle services.

The Industrial Internet allows you to combine brilliant machines with best-in-class analytics to deliver valuable new insights that were never before possible. The results of these powerful analytic insights can be revolutionary for your business by transforming your technological infrastructure, helping reduce unplanned downtime and maximize profitability and efficiency. GE believes the Industrial Internet unlocks new possibilities and drives transformation by connecting brilliant machines, advanced analytics and people at work. By getting equipment connected and having insights and evidence of when equipment maintenance is needed, you can optimize the maintenance schedule and cycle. GE’s business is making the Industrial Internet real. They help customers connect their machines, data, insights and people to improve performance, uptime and productivity. Their scalable, open standard control solutions bring the benefits of connected machines to customers' operations.

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