GE Power has reached an enterprise-wide software agreement with US energy utility Exelon to deploy its Predix software operating system.
As per the terms of the agreement, GE will be integrating its entire suite of Predix across Exelon’s fleet of nuclear, hydroelectric, wind, solar, and natural gas facilities. Exelon anticipates that this deployment will enhance plant reliability and performance.
The agreement is part of Exelon’s broader strategy to partner with technology companies, universities, and government agencies, which will provide an opportunity to develop new technologies and help transform the industry, while delivering benefits to consumers.
Exelon's president and CEO Chris Crane said: “As the only Fortune 100 company in the electricity sector, we have a unique opportunity to lead the energy industry in the exploration, development and deployment of the next generation of clean, diverse energy technologies.
“This agreement allows for enhanced collaboration between GE and Exelon to develop solutions to complex industry challenges and accelerate the adoption of new, digital technologies across our industry.”
Both companies have also revealed that they will co-develop, test, and build next-generation software as a service (SaaS) applications built on the Predix platform for future market opportunities.
GE will also provide Exelon digital power plant and digital windfarm solution suites, including asset performance management (APM), business optimisation (BO), cybersecurity, and advanced controls/edge computing solutions operations optimisation (OO).
Image: Exelon selects GE Predix to speed-up digital transformation. Photo: courtesy of Business Wire.