Editor's note: GE Intelligent Platforms changed its name to Abaco Systems on 23 Nov. 2015 as a result of the company's acquisition last September by New York-based private equity firm Veritas Capital.
CHARLOTTESVILLE, Va., 25 April 2011. GE Intelligent Platforms has acquired technology assets—including analytic software products and engineering solutions—from CSense Systems (Pty) Ltd. of Pretoria, South Africa, expanding GE’s Proficy Software Platform analytic capabilities to identify and solve potential process problems before they impact operations. The CSense asset acquisition complements the remote monitoring and diagnostics solutions recently added to GE’s Proficy portfolio with its acquisition of SmartSignal Corp. in January.
“This acquisition further demonstrates our commitment to invest in our business,” explains Jody Markopoulos, president and CEO of GE Intelligent Platforms. “With these knowledge-based services, customers will be able to act faster and make better decisions to increase productivity and profitability for their businesses.”
“The capabilities of this technology coupled with our recent acquisition of SmartSignal provides us with a world-class software platform for asset monitoring and process diagnostics,” says Erik Udstuen, vice president of software and services for GE Intelligent Platforms. “We will drive operational performance for our customers by using CSense technology to gain important insights from their real-time process data.”
“With CSense, we can offer a wide range of analytic technologies in a single platform ranging from first principle models to advanced statistics to neural networks that can positively change asset and process performance,” Udstuen adds.
GE Intelligent Platforms and CSense Systems worked together for years, embedding CSense technology into the core Proficy Software Platform. Advanced analytic algorithms enable Intelligent SCADA and Intelligent Historian solutions with causal analysis, proactive alarming, and decision support tools built in, according to a representative. Proficy Troubleshooter and Cause+ are examples of CSense analytic tools able to transform real-time data into actionable information for engineers and operators.