GE buys Australian startup Daintree Networks
GE business unit, Current, has purchased Melbourne-based technology startup, Daintree Networks for $100 million in its first global acquisition since its launch in October last year.
GE business unit, Current, has purchased Melbourne-based technology startup, Daintree Networks for $100 million in its first global acquisition since its launch in October last year.
Mark Sheppard has moved into the role of digital lead for Asia-Pacific at GE.
Fifty billion devices will connect to the Internet in the next few years. It's up to vendors to make sure they do, in fact, connect to the Internet -- and provide reliable data, security and customer experience. Otherwise, analysts warn, the future may bring an Internet of Broken Things.
Hear the phrases 'Industrial Internet' or 'Internet of Things' and you probably think of billions of connected devices. That's all well and good, but without the computing power to assess all the data coming from these devices, GE suggests that enterprises won't realize the full potential of the industrial Internet.
IDG Enterprise's CEO spells out the future of big data, mobility and the impact of 50 billion connected devices by 2020.