General Electric deepening its interest in the software business

 

General Electric claims it was the first company to have launched an industrial internet of things platform when it released Predix last year.

The company’s software business unit, GE Digital, has been generating revenues of more than $4 billion a year, and looks like it’s strongly influencing the future direction of the overall business.

Another of the big ideas at GE is the “Brilliant Factory” concept, which is essentially the digitalisation of anything and everything that can be digitised in a manufacturing or industrial process.  Continue reading General Electric deepening its interest in the software business

ABB launches digital solutions for industrial internet

ABB-Ability-control-room

ABB has commercially launched ABB Ability, its portfolio of digital solutions, at ABB Customer World in Houston.

With the commercial launch of more than 180 solutions and services, ABB says it is unlocking value for customers in the Fourth Industrial Revolution.

By combining ABB’s domain expertise with network connectivity and the latest digital technologies and innovations, ABB Ability says it creates powerful solutions and services that solve real business problems and produce tangible business opportunities.  Continue reading ABB launches digital solutions for industrial internet