Another on G.E.’s Industrial Internet:
“The executive in charge of the project for G.E. also said that by next year almost all equipment made by the company will have sensors and Big Data software.
“Everyone wants prediction about performance, and better asset management,” said William Ruh, vice president of global software at G.E. “The ideas of speed, of information velocity, is what will differentiate the winners from the losers.”
“The so-called Industrial Internet involves putting different kinds of sensors, sometimes by the thousands, in machines and the places they work, then remotely monitoring performance to maximize profitability.”