GE Digital and SIG to Drive a New Era of Food and Beverage Packaging, Powered by Predix Industrial IoT Applications
GE Digital (NYSE: GE) and SIG, a leading provider of product packaging systems and solutions for the food and beverage industry, announced a calculated partnership to power digital innovation in food and drink product packaging. SIG will certainly deploy GE Digital's Predix Asset Performance Management (APM) and Predix ServiceMax commercial applications throughout greater than 400 customer factories worldwide to drive new levels of performance, develop intelligent remedies and make it possible for new possibilities for its customers.
In the region, the key implementation websites for these services will certainly be the production facilities under SIG's joint endeavor with Saudi Arabia's Obeikan Financial investment Group. SIG Combibloc Obeikan has a strong existence throughout the Middle East and Africa, and via this effort, will certainly continuously be a leader in the digital future of food packaging manufacturing.
The food and beverage industry is ripe for digital transformation, with customers progressively looking for innovative, hassle-free products that are not just risk-free and lasting however additionally cost effective and distinguished. At the very same time, producers are dealing with affordable stress, supply chain complexities and ever-shorter production cycles-- developing a boosted demand for innovations that could enable producers to promptly determine, predict and act upon transforming consumer and market demands.
The unique combination of GE Digital's APM and ServiceMax applications will certainly allow SIG to develop an end-to-end digital platform that will certainly bring a new level of insight and data-driven intelligence to its customers worldwide - aiding them and SIG transform just how they forecast, manage and service the entire lifecycle of SIG loading lines. By instantly gathering and examining possession information - tapping into billions of information factors across its operations worldwide in genuine time - SIG and their customers could move beyond typical possession surveillance and anticipating service versions to reimagine their supply chain, boost quality control technologies and progress their portfolio mix.
" Our ability to harness information is main to providing on our pledge of opening new opportunities for our customers," stated Rolf Stangl, SIG, Chief Executive Officer. "By tapping into details in brand-new and innovative means, we will have the ability to deliver an unmatched level of performance, safety and security, transparency and creative thinking across the whole food and drink supply chain-- through throughout consumer."
SIG's customers fill more than 10,000 unique products into SIG product packaging throughout 65 countries worldwide. In 2017 alone, SIG produced 33.6 billion carton packs for its customers. Via this massive partnership, SIG and GE Digital will co-innovate packaging solutions and modern technologies to address the industry's 2 most significant requirements today: enhancing possession efficiency and maximizing solution shipment.
Digital is reshaping every sector, and industrials know they need to own the productivity of their assets to succeed, said Bill Ruh, GE Digital, CEO. By adopting Predix applications, SIG is establishing itself as a leader in the transformation of food and beverage packaging. This partnership brings our teams together to write a new chapter for SIG and for the industry.
The new digital solution design will also enable SIG to supply new options and business designs based on advanced efficiency metrics, consisting of as-a-service delivery, performance-based and registration remedies.
" This will be a real global critical partnership," said SIG's Rolf Stangl. "We are thrilled to work together with a seasoned digital commercial company to collaborate on innovative services - from 3D-printed spare components to a fully connected, smart supply chain to innovative methods to bring advanced tracking and knowledge straight to the customer."
The initial deployment is expected to go live in July 2018 with the global rollout anticipated to begin in January 2019.
