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Suddenly Every Company Is Becoming A Venture Capitalist
It has often been said that every company is a software company or even a big data company, but as I attended the Intel Capital Global Summit last week, another thought occurred to me: every company is now also an investment company. The star of the show last week was Intel Capital of course, the venture arm of Intel Corporation, but it’s far from alone. Over dinner strictly by… Read More
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GE Predicts Predix Platform Will Generate $6B In Revenue This Year
Like many big companies, GE has been in the process of trying to reinvent itself, and Predix, its Industrial Internet of Things platform has been a big part of that.
Today, at its annual Minds + Machine conference in San Francisco, GE announced that the Predix platform had grown into a big business with $5 billion in revenues and $6 billion in orders expected this year.
The company also… Read More
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GE Adds Infrastructure Services To Internet Of Things Platform
GE announced today that it was expanding its Predix Internet of Things platform to provide Infrastructure as a Service (IaaS).
The IaaS market is dominated by Amazon Web Services with many others including Microsoft, Google and IBM vying for a piece of the action. GE hopes to differentiate itself from these companies by offering infrastructure services specifically tuned to the needs of… Read More
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GE Spotlights New Smart Street Lamps
GE has a new smart street light in early production, and it hopes that over time, cities and third-party developers will begin to take advantage of the platform to build smart city apps. The light itself is a super-efficient LED that could last up to 20 years. Where it gets interesting is that GE is including a sensor pack with each bulb with capabilities such as video, light and weather… Read More
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The Path To Successful Digital Transformation Starts With Pockets Of Innovation
I’ve been hearing about “Digital Transformation” for a couple of years now, and as I’ve wandered the halls of Web Summit this week in Dublin, I’ve heard lots of talk about how companies must transform and change the way they approach development and IT, while searching for innovative ways of doing business. But doing that remains daunting and scary for many… Read More
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