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Pivotal Announces Planned Strategic Investment From GE

Stocks in this article: GE

The partnership with Pivotal will be key for GE's Global Software Center headquartered in San Ramon, CA.  The Center is working to develop a software platform that GE will deliver as a service to industrial customers in aviation, transportation, healthcare, energy and manufacturing. Pivotal will be a key partnership for enabling applications and analytics in the cloud, and GE's Software Center plans to use these technologies as a standard source for delivering data management. GE will use the software platform, powered by Pivotal technology, across its businesses.

EXECUTIVE QUOTES

Paul Maritz, CEO, Pivotal"We are experiencing a major change in the wide-scale move to cloud computing, which includes both infrastructure and the transformation of how applications will be built and used based on cloud and mobility. This transformation is also happening in enterprises where their environments must adapt to a world that is data-centric, requires agility and real-time response. As one of the world's largest industrial companies, GE's investment underscores the profound change in business and the historic opportunity that Pivotal has in delivering a new platform to help GE's customers succeed."

Bill Ruh, Vice President and Corporate Officer, GE Global Software Center "It's no secret that the cloud and Big Data are driving dramatic business transformation enabling an Industrial Internet. At the heart of it is that machines can be intelligent, connected, and that we can use software to analyze the information coming out of them. To support this next frontier requires an architectural shift in how our services are built and delivered. Pivotal is creating a platform that brings the best of the Internet - rapid application development, data analytics and cloud architecture - to enterprises.  This is aligned with many of the things we are doing at GE to help accelerate our delivery of innovation, and to bring a productivity revolution that will have a positive impact on all of us."

RESOURCES

About PivotalPivotal is building a new platform for a new era, setting the standard for Enterprise Platform-as-a-Service (PaaS). The company's mission is to enable customers to build a new class of applications, leveraging big and fast data, doing all of this with the power of cloud independence.

Uniting selected technology, people and programs from EMC and VMware, the following products and services are now part of Pivotal: Greenplum®, Cloud Foundry, Spring, Cetas, Pivotal Labs®, GemFire® and other products from the VMware vFabric™ Suite.

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