G.E., the 124-Year-Old Software Start-Up (NYT)

Concerned about disrupters with no assets and tech companies to take their internet connectivity expertise and try to apply it to industrial businesses, G.E. reimagined Predix as a cloud-based operating system for industrial applications.
The basic idea is that G.E. and outside software developers will write programs to run on Predix. This software might, for instance, monitor the health and fine-tune the operation of equipment like oil-field rigs and wind-farm turbines, improving performance, reducing wear and adapting to changing environmental conditions.

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