General Electric ( GE ) will collaborate with Maersk Drilling on a 12-month data analysis pilot to increase the productivity of Maersk drilling vessels and cut operating costs by up to 50 percent . GE 's marine asset performance assessment software , GE , will be able to predict the future state of critical asset health and warn operators so that they can mitigate potential problems . " Marine operators need to transform themselves to be efficient , predictable and nimble . Drawing critical insights from operational data is a crucial first step , " said Tim Schweikert , president and CEO of GE 's Marine Solutions .
General Electric (GE) will collaborate with Maersk Drilling on a 12-month data analysis pilot to increase the productivity of Maersk drilling vessels and cut maintenance costs by up to 20%. GE's marine asset performance management software, SeaStream, will be able to predict the future state of critical asset health and warn operators so that they can mitigate potential problems. "Marine operators need to transform themselves to be efficient, predictable and nimble. Drawing critical insights from operational data is a crucial first step," said Tim Schweikert, president and CEO of GE's Marine Solutions.