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