by ReadWrite


A new digital foundry based in Paris will introduce 250 new jobs as part of its plan to expand GE industrial tools and partners in Europe.

GE is making its presence in Europe better known with an investment designed to bolster innovation and collaboration between developers and European customers in regards to its industrial IoT business.

See also: How IoT can cool down a hot problem

GE Chairman and CEO Jeff Immelt said “Europe has the talent and infrastructure to lead a productivity revolution and the digitization of industry must be at the core of this mission. GE is committed to helping Europe develop the building blocks for their Industrial Internet that will help the continent’s companies turn information into insights and insights into outcomes.”

In an age where industrial control systems run society, security from hackers becomes a major focus.  This Paris location is the first location of four digital factories planned in the coming year.  The purpose of all of these will be to aid local startups by offering a secure environment that allows GE customers to collaborate with them, in order to create new applications for the industrial internet, employing the company’s Predix operating system.

Paris’ bigger future digital plans

GE is hoping that by increasing its international presence, more developers will be encouraged to build applications for the software.

“Since the creation of our GE Digital business and the launch of the Predix operating system, we have nearly 11,000 developers signed up, more than 100 apps and are seeing strong customer adoption,” said Immelt. “For GE internally, we know we will drive $500m in productivity. Now is the time for industrials to make the switch and to drive long-term value for their business.”

Along with opening this foundry in Paris, GE has also partnered with French government agencies and NUMA, the first startup accelerator in France, in an effort to identify and create ideas that have great potential.

“We are confident that we can build a strong community of startups, data scientists, developers, and software experts to find solutions to complex industrial challenges,” said NUMA CEO Marie-Vorgan Le Barzic.