May 05, 2015

GE Marine’s SeaStream* Insight, Powered by Predix*, is to Revolutionize the Offshore Industry through Data-Driven Operational Efficiency Enhancements

  • At the forefront of the Industrial Internet, SeaStream*Insight reduces downtime and can help increase operational revenue through secure, data-driven decision-making support across the entire vessel and fleet

  • Simply, we connect the experts…… we bring the problem to the people, instead of the people to the problem to ensure operational readiness at all times

  • GE collaborates with its customers to drive operational efficiency improvements via prescriptive, reactive and predictive analytics

Houston, USA – 4 May 2015  – Today at the Offshore Technology Conference (OTC) in Houston, GE Marine is demonstrating its latest innovation in marine digital technologies with the launch of SeaStream* Insight. The solution is powered by GE’s renowned Predix*platform, currently saving millions of dollars for our customers.

Downtime is a wide spread problem across drilling contractors in the offshore industry,” said Tim Schweikert, VP, GE Marine.SeaStream *Insight will address the challenge of reliability and predictability through data-driven operational efficiency enhancements using prescriptive and predictive analytics."

The system is designed to process data in a way that empowers marine operators by providing unparalleled decision-making support. Critical data, relating to the condition of individual components, is collected from multiple existing networks across the vessel. This data is then processed and translated into clear, insightful information to give the drilling contractor total situational awareness that enables fast, data-driven decision-making, and confidence in the readiness for continued operation.

Drawing on GE’s cybersecurity expertise, the system has the ability to safely connect information to global expertise, enabling remote troubleshooting and support. It provides the drilling contractor, GE and 3rd party experts with visibility into the true state of the assets and allows them to see into the problem in real time. It helps to ensure that problems are resolved either before they occur or rapidly after they occur, reducing downtime and 3rdparty service cost.

Whilst prescriptive and reactive service and support provides an element of operations efficiency, a key differentiator for the SeaStreamInsight system is the use of GE’s unique SmartSignal analytics capability. SmartSignal software can identify impending equipment failures well before they happen—often weeks or months before other systems. With this added lead time, operators can avoid surprise equipment failure. This predictive view of asset performance shifts the prescriptive (time-based) maintenance to predictive (plan-based) maintenance, further reducing downtime and helping to maximize customers’ revenues.

New digital technologies are enabling the industry to address these challenges and our SeaStream* Insight solution is being launched at the right time. It looks at the whole system on the vessel holistically. Thanks to our unique predictive analytics, our software pre-empts problems, often weeks or months before other systems, therefore significantly increasing uptime and helping to maximize revenues.” added Schweikert.

* indicates a trademark of the General Electric Company and/or its subsidiaries

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