Predix Transform 2016

A look at how GE is pushing Predix forward  |  September 1st, 2016 This year GE hosted their first annual—and according to them, the world’s first—developer-focused industrial internet conference, Predix Transform. Touted as both an industrial IoT platform and the operating system for the industrial internet, Predix originated in a 2009 realization that while GE heavy equipment generated a tremendous amount of sensor data, the company and its customers had no way to make use of that data. Taken together with GE’s exit from the financial services market (they shed the $42 billion GE Capital unit that same year), Predix represents a fundamental shift in GE’s long term strategy. A handful of large companies have made successful pivots in recent memory; Adobe’s switch from shrink-wrap software licenses to cloud subscription…

Link to Full Article: Predix Transform 2016

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