FLSmidth, leading supplier of equipment and services to the global cement- and minerals industries, and GE, a leader in the Industrial Internet, have joined forces to create digital solutions for increasing productivity in the cement and minerals industries.
PRESS RELEASE - FLSmidth, leading supplier of equipment and services to the global cement- and minerals industries and GE, a leader in the Industrial Internet, have joined forces to create digital solutions for increasing productivity in the cement and minerals industries.
The new solutions developed on GE's cloud-based Predix platform will leverage FLSmidth's expertise in cement and minerals processing and GE's Industrial Internet of Things (IIoT) capabilities to maximize the potential of connected equipment units, helping the cement and mining industry to increase productivity.
FLSmidth will build their solutions on top of GE's Predix platform with applications for managing process flows thereby allowing customers to leverage process data and analytics for monitoring, benchmarking their performance and predicting maintenance of their equipment.
Operating costs account for around 80% of the total cost of ownership for a cement plant or running a mining operation, and energy is the single largest component.
An ongoing monitoring of processes makes it possible to increase productivity significantly.
"Cement and mining companies already collect significant volumes of data, but currently, only a fraction of it is used. This will be the first available solution for a full coherent process monitoring to leverage optimization solutions offered by a full service provider like FLSmidth," explains Head of Global R&D in FLSmidth Jens Almdal. "By connecting our control applications with GE's platform, we can bring FLSmidth's proven expertise in resource optimization and productivity together with GE's monitoring and data analytics solution to create an unrivaled combination that will dramatically improve the productivity in the cement and minerals industries."
"FLSmidth and GE are bringing together the best from two worlds, GE's digital industrial expertise to help customers to be more productive and FLSmidth's deep insight into processes and maintenance of cement and minerals plants. Our collaboration will form a strong foundation for the development of a greater digital ecosystem," says John Manison, General Manager of GE's Mining Solutions business. The FLSmidth control applications integrated on GE's Predix platform will be launched in Q3 2016.
Please address any questions regarding this announcement to:
Head of Global R&D, FLSmidth, Jens Almdal, at +45 3618 2798.
Communications Manager, GE Transportation, Catherine Heiman, at +1 814 881 2979.
For further information about FLSmidth, please visit www.flsmidth.com.