GE is focusing on the its self building image for the betterment of their firm so that they can manage to cope up with their most competitive ones and GE always wanted to be as new forever. There were lots of execution done in order to get call themselves as affirm of start ups in 2016 and 2017.
Jeff Immelt the former CEO of GE had given all of his efforts to make GE come in the list of “top 10 software company” till 2020, his dedication towards GE was impeccable and working for a firm like GE give al the liberty to explore best in software and provide best results.
One of the plans of Jeff Immelt was to build groundwork for his own cloud infrastructure for one of the platforms like Predix. GE has also acquired many Internet of Things related firm and many other software firms such as ServiceMax, BitStew, Wise.io, ShipXpress and Daintree Networks. In the year 2017, they had also there partnership with most high- end technology firms such Apple, Amazon Web Services and Micrososft.
Now onwards according to the leadership of John L. Flannery, GE is going down, they have to sell off at some instance, such a unit dedicated for healthcare and a unit which was meant for rail business, as they are collaborating with some big technology companies and vendors.
One of the recent news claimed that they renewing their partnership with Microsoft . Whereas GE has attempted to inter- change their software with Predix and Azure to get some useful information in previous year but in the latest news it is said that they expanded this collaboration Predix like Azure Internet of Things and Azure Data and Analytics.
Karthik Suri, the chief operating officer at GE said in his statement that This collaboration is going to help mutually both the companies to get benefit of customer deployment”. He also added that “ We have full faith from whatever we have experienced from the help of their own customers, and that experience says that there are lot of opportunity to speed up and drive this whole Industrial Internet transforming and changing the result- centric”.
At the end GE will be an open environment with the help of Predix, “We want to make such an ecosystem for multiple collaborative participants so that our customers gets best solutions”.