Lesson plan
Predix (software)
Predix was an industrial IoT software PaaS developed by GE Digital, the software and services division of General Electric, that provided edge-to-cloud data connectivity and analytics and services to support industrial applications. Although initially considered a pioneering move by GE in the IoT and Industry 4.0 space, the platform came to be widely regarded as a critical failure for GE's digital business and chief contributing factor in the breakup of the GE conglomerate as a whole in 2024. Over the course of Predix' development and launch, GE invested over $7 billion into consulting teams, hiring and training software developers, and additional support services for the platform, with then-GE Chief Digital Officer Bill Ruh forecasting in 2016 that the software business, with Predix at the helm, would generate at least $15 billion in revenue by 2020. Due to a mixture of overreliance on expensive external consulting teams, overhiring, primarily marketing Predix to internal business units rather than targeting external customers, poor synergy between Predix and existing business units, lack of unifying vision and collaboration, and struggles within GE to adapt from industrial manufacturing to a Silicon Valley startup culture, the platform failed to perform as predicted.…
Article summary
Predix was an industrial IoT software PaaS developed by GE Digital, the software and services division of General Electric, that provided edge-to-cloud data connectivity and analytics and services to support industrial applications. Although initially considered a pioneering move by GE in the IoT and Industry 4.0 space, the platform came to be widely regarded as a critical failure for GE's digital business and chief contributing factor in the breakup of the GE conglomerate as a whole in 2024. Over the course of Predix' development and launch, GE invested over $7 billion into consulting teams, hiring and training software developers, and additional support services for the platform, with then-GE Chief Digital Officer Bill Ruh forecasting in 2016 that the software business, with Predix at the helm, would generate at least $15 billion in revenue by 2020. Due to a mixture of overreliance on expensive external consulting teams, overhiring, primarily marketing Predix to internal business units rather than targeting external customers, poor synergy between Predix and existing business units, lack of unifying vision and collaboration, and struggles within GE to adapt from industrial manufacturing to a Silicon Valley startup culture, the platform failed to perform as predicted.…
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Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
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Key claims and bibliography are generated from the same tracked claims and sources as the article page.