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Applying Analytics to the Industrial Internet of Things
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Re: Great example
  • 4/27/2015 9:56:49 PM
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I'm really impressed with thier goals for industrial machines. Other software companies are jumping into the business of analyzing all the sensor data. It will be interesting to see just how well the data helps predict downtime.

Re: Great example
  • 4/27/2015 6:26:03 PM
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As a world leader in things big and industrial, GE is certainly well placed and has lots to gain by an efficient way to manage the industrial internet of things. It the "the goal is to make sure that there is no downtime -– or at least no unplanned downtime" that would be a great selling point to it's customers and put them in an enviable position over competition who may not be able to provide as much expertise in that area.

Re: Great example
  • 4/6/2015 8:45:42 AM
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@Tinym. You're right, GE did bet big on sensors and IoT. Because they made their name in consumer appliances it's easy for us to lose sight of the fact that so much of their revenue comes from heavy equipment like jet engines and turbines for power plants. Not only is that gear big and expensive, but lives depend on much of it. So, any data that helps GE's customers keep equipment running can be critical to keeping people safe and with a continued source of energy.

Re: Great example
  • 4/5/2015 7:31:26 PM
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You're right about the potential in this area. If you've followed anything GE Software has done in the last 5 years you'll notice they are betting big on the analytics of machine data. Sensor technology will be a major driver of that advancement. Major software providers like SAS have been paying attention to the potential and have also built out analytics platforms for all the data machines create. The future of Internet-connected machines is really intriguing.

Re: Great example
  • 4/3/2015 1:47:22 PM
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@Terry. I agree, from the standpoint of common sense and immediate ROI, the opportunities for IoT in the industrial space are tremendous. 

Re: Great example
  • 4/3/2015 1:39:20 PM
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And an industrial IoT obviates alot of the guaranteed privacy concerns that will arise with a consumer-oriented IoT. It's clear they'll overlap in time, but an IoT dedicated to business and industrial applications and needs will be the front runner.

Great example
  • 4/2/2015 3:41:57 PM
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@Manoj. The Duke Energy project really highlights the potential for the Internet of Things, not only in the energy field but across many other sectors.



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