Comments on: Shocker: GE sees huge upside for internet of industrial things

By: Stephen Nelson

Stephen Nelson — Wed, 09 Jan 2013 23:18:47 +0000

You cannot change things unless you can measure them. And in a world where things are changing faster, this approach only brings power to those that need to address today’s challenges. Whether, its the doctor pressed for time to meet his revenue requirements in a world driving overall healthcare costs down or its the fossil fired power plant that has to now cycle it’s load daily (not really designed for that) to make room in the grid for the highly variable green sources, this form of technology deployment provides quicker and better information. The thing to really focus on is “Then what?” It is the decisions that flow from this data that brings forwaard the need for people to make better decisions around risks and opportunities. Job destruction? Kinda. More like creative destruction: we will need people and teams to formulate and act on analytics to get to better resullts at lower costs. Sounds like a whole new means of achieving productivity gains to me.

By: Field ID

Field ID — Mon, 26 Nov 2012 17:13:57 +0000

Fascinating projections noted here. Automation-fuelled productivity gains are one thing, but safety is another. Many of these industries have unique safety priorities and challenges. Technology improvements can save lives.

By: Chris Taylor

Chris Taylor — Mon, 26 Nov 2012 16:31:56 +0000

Shocker indeed…
The Internet of Things was missed by Microsoft, the company that was best prepared to work alongside industrial giants like GE to create the Industrial Internet (I like the term, but it is a bit narrow). We wrote about Microsoft here:

http://successfulworkplace.com/2012/11/05/microsoft-missed-out-on-the-internet-of-things-are-you-ready/

It is very good to see GE get into the game, but it will take many more manufacturers to either lead, follow (quickly) or go away before this sorts itself out over the next 5-7 years.