On December 4, 2014 Mitch Daniels, Purdue University President and Mark Little, GE Senior Vice President and Chief Technology Officer, announced that GE will invest up to $10 million in a five-year partnership focused on research and development in advanced manufacturing.
The GE/Purdue Partnership in Research and Innovation in Advanced Manufacturing (GE/Purdue PRIAM) will push a new era in manufacturing, promoting technologies that enable the digitization, decentralization and democratization of manufacturing to lower cost, improve speed and drive innovation. All three trends are being driven by the increasing convergence of software and hardware that is turning today’s plants into brilliant factories that are more capable, connected and productive than ever.
Along with new technology development, GE/Purdue PRIAM will provide educational and engagement opportunities for Purdue students and GE employees to help ensure future manufacturing workforce needs are addressed.
“This collaboration opens the way for Purdue and GE to move manufacturing far into the future,” said Purdue President Mitch Daniels. “As we do that, we’ll be giving our students the chance to be a part of this transformation, preparing them for careers on that new frontier.
“Together, we will work to deliver the right technologies, while preparing the future manufacturing workforce to run ever faster, more productive brilliant factories.” Mark Little, GE Senior Vice President and Chief Technology Officer
Little added, “Investing more in advanced manufacturing technologies will translate into bigger savings in time and money on the production side. For manufacturing operations the size of GE’s, just a 1 percent improvement in manufacturing productivity would save $500 million.”
- Want to learn more about this announcement? Visit: https://www.purdue.edu/newsroom/releases/2014/Q4/purdue,-ge-to-collaborate-on-advanced-manufacturing-to-enable-faster,-efficient-brilliant-factories.html
- To watch the announcement / Innovation Symposium http://youtu.be/pPUx4XpuRcw
- To search career opportunities with GE: ge.com/careers