SOUTH32 and GE enter digital transformation strategic partnership
Sydney, April 10, 2017 - (NYSE:GE) South32 and GE today announced the signing of a three-year
strategic partnership to assist in the development of South32’s technology roadmap and
activation of the Company’s digital transformation.
The partnership, GE’s first with an Australian mining company in the digital space, is a step
towards playing a much bigger role in the global mining sector. For South32, GE is the ideal
partner, having recently undertaken their own digital transformation.
This partnership marks the beginning of an exciting journey. South32, with its diverse mining
portfolio spanning 10 operations and five countries, sees a real opportunity for technology and
innovation to drive safety and productivity improvements.
Through this partnership South32 will utilize GE’s Predix™ platform, which is designed
specifically for industry and connects industrial equipment, data analysis and instant insights.
The system will enable South32 to make fast, informed decisions, and provides the opportunity
to optimize entire operations, rather than individualized assets and equipment.
“Bringing the world of operational technology and information technology together to monitor
equipment and systems remotely and predict future behavior is a game changer,” Graham Kerr,
Chief Executive Officer, South32 said. “It has the potential to identify and solve a problem before
it affects operations.”
“By partnering with GE, we have an opportunity to transform the way we work,” added Ricus
Grimbeek, Chief Technology Officer, South32. “If we get this right, the result won’t just be an
incremental improvement but a new level of efficiency and performance.”
For GE, bringing digital transformation to the mining industry is an exciting prospect.
“The future of mining is digital. With data and analytics, we can achieve greater levels of
productivity, operational efficiencies, and improve safety,” GE Chief Executive Officer and
Chairman, Jeff Immelt said. “We look forward to working with South32 to help them optimize
their operations and accelerate the digital transformation of the mining industry at large.”
“Mines collect terabytes of data today, but do not have the platform or solutions to provide
real-time insights to deliver operational productivity.” GE Mining CEO Scott Phillips said.
“Together, GE Mining and South32 have the opportunity to help solve these challenges in the
mining sector. This is a very exciting time to be in mining.”
South32 is a globally diversified mining and metals company with high quality operations in
Australia, Southern Africa and South America. Our purpose is to make a difference by
developing natural resources, improving people’s lives now and for generations to come. We are
trusted by our owners and partners to realize the potential of their resources. We have a simple
strategy to maximize the potential of our operations and shareholder returns by optimizing our
existing operations, unlocking their potential and identifying new opportunities to compete for
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry
with software-defined machines and solutions that are connected, responsive and
predictive. GE is organized around a global exchange of knowledge, the "GE Store," through
which each business shares and accesses the same technology, markets, structure and
intellect. Each invention further fuels innovation and application across our industrial sectors.
With people, services, technology and scale, GE delivers better outcomes for customers by
speaking the language of industry. www.ge.com
Media Contact GE Mining:
Media Contact South32
+ (61) 0 409 448 288
+ (61) 0 413 391 031