GE Plans to invest $105 million in Pivotal

Pivotal, the company setting the new standard for enterprise PaaS, today announced that GE plans to invest approximately $105 million in Pivotal. The companies also announced their intent to enter into a broad research and development and commercial agreement aimed at accelerating GEs ability to create new analytic services and solutions for its customers.

The investment in Pivotal and new business agreement align with GEs focus on the Industrial Internet. Over the past two decades, technology has connected people globally and created unprecedented opportunities for business and consumers. In the next decade, the Internet will also transform industries like aviation, rail, energy, oil & gas, infrastructure and healthcare, connecting human insight with machine intelligence, advanced analytics and low-cost-sensing to drive new levels of productivity and efficiency for global industries.

Paul Maritz, CEO, Pivotal, said, We are experiencing a major change in the wide-scale move to cloud computing, which includes both infrastructure and the transformation of how applications will be built and used based on cloud and mobility. This transformation is also happening in enterprises where their environments must adapt to a world that is data-centric, requires agility and real-time response. As one of the worlds largest industrial companies, GEs investment underscores the profound change in business and the historic opportunity that Pivotal has in delivering a new platform to help GEs customers succeed.

Bill Ruh, Vice President and Corporate Officer, GE Global
Software Center

Its no secret that the cloud and Big Data are driving dramatic business transformation enabling an Industrial Internet. At the heart of it is that machines can be intelligent, connected, and that we can use software to analyze the information coming out of them. To support this next frontier requires an architectural shift in how our services are built and delivered. Pivotal is creating a platform that brings the best of the Internet - rapid application development, data analytics and cloud architecture - to enterprises. This is aligned with many of the things we are doing at GE to help accelerate our delivery of innovation, and to bring a productivity revolution that will have a positive impact on all of us.

The partnership with Pivotal will be key for GEs
Global Software Center headquartered in
San Ramon, CA. The Center is working to develop a software platform that GE will deliver as a service to industrial customers in aviation, transportation, healthcare, energy and manufacturing. Pivotal will be a key partnership for enabling applications and analytics in the cloud, and GEs Software Center plans to use these technologies as a standard source for delivering data management. GE will use the software platform, powered by Pivotal technology, across its businesses.

In a nutshell:

• Pivotal today announced that GE plans to make a strategic investment of approximately $105 million, representing a 10 per cent equity stake in the company.
• The parties also signed a term sheet setting forth a framework for a broad research and development and commercial agreement.
• GEs Software Center of Excellence will use Pivotals technologies as a standard source for delivering data analytics and cloud architecture.
• Paul Maritz, members of the Pivotal leadership team, and GEs Vice President and Corporate Officer Bill Ruh will further discuss this partnership and unveil.

ファッションコーディネート