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GE and the Industrial Internet (Spanish version)
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Reference: HBS-618S05
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Year: 2014
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Number of pages: 48
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Geographic Setting: Asia;Central America;Latin America;Middle East;North America
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Publication Date: Apr 16, 2014
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Fecha de edición: Mar 9, 2015
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Source: HBSP (USA)
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Type of Document: Case
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Industry Setting: Airlines;Electric power generation;Information technology consulting services;Manufacturing;Medical equipment & devices;Railroads;Transportation
Description
CEO Jeff Immelt considers whether GE is moving fast enough on its new Industrial Internet initiative. The undertaking includes building out an Industrial Internet, connecting machines and devices, collecting their data and operations, and providing services to clients based on analytics of this data and information. The case considers the implications of such an initiative across all 6 of GE's business units, and how best and how quickly to execute the strategy. The firm has committed $1b in investment, building out a new software center in California, and a commercial sales function at headquarters to deploy the new products and services.