/ Uncategorized / General Electric Pitches an Industrial Internet

General Electric Pitches an Industrial Internet

Matt Ball on December 2, 2012 - in Uncategorized

General Electric has a new name for where it thinks its business is headed: the “industrial Internet.” The term, coined inside GE’s R&D division, reflects the company’s hope that adding more sensors to machinery will result in a deluge of data that will in turn let companies squeeze more efficiency out of locomotives, jet engines, MRI machines, and other equipment GE sells.

GE says it is investing $1.5 billion in the idea over a three-year period. Some of that money is being spent on research at a large new software R&D center the company has created in San Ramon, California.

Read more via Technology Review

Matt Ball

About Matt Ball

Matt Ball is founder and editorial director of V1 Media, publisher of Informed Infrastructure, Earth Imaging Journal, Sensors & Systems, Asian Surveying & Mapping and the video news site GeoSpatial Stream.

Comments are disabled