GE CIO: Machines will tell humans what to do, not the other way around

Jim Fowler, CIO, General Electric

General Electric outfitted 650 British Petroleum (BP) oil wells with systems that allow the rigs to report operational data to a central GE platform. The data is used to optimize how the machines run; so far BP and GE have created a 2 to 4% efficiency improvement, according to GE CIO Jim Fowler.

It may not sound like a lot, but Fowler said just a 1% global improvement in well production could create a $90 billion offset of capital spending in the energy industry.

General Electric

Jim Fowler, CIO, General Electric

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