Bid & Tender
RIL and General Electric Come Together for Digital Transformation in Industrial World

Date : Nov 18, 2016

Two of the world's largest industrial conglomerates, India's Reliance Industries Limited (RIL) and US-based General Electric (GE), on Thursday announced a partnership to drive digital transformation in the industrial world.

 

RIL and GE will work together to use internet of things technologies in manufacturing. Industrial internet of things (IIOT), also known as industrial internet, deals with machine learning, big data analysis and other technologies to provide solutions to customers in oil and gas, fertilizer, power, healthcare, telecom and other industries.

 

The agreement was signed in the presence of Jeff Immelt, Chairman and CEO of GE and Mukesh Ambani, Chairman and Managing Director, RIL.