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I worked 13 years under Immelts mediocre reign. Jeff tried to push rope, desperate knee-jerk reactions to stock analysts opinions, superficial restructuring w
by viknod 9y ago
I worked 13 years under Immelts mediocre reign.
Jeff tried to push rope, desperate knee-jerk reactions to stock analysts opinions, superficial restructuring with no real change to the company.
GE leadership/management was vastly overvalued. Tech, and technical talent was a completely unvalued commodity, outsource to the lowest bidder in India.
When he understood that software eats the world(via some SV guru whisperer) he tried to coin some "industrial internet" mumbo jumbo that was going to be a trillion dollar business. Out of touch like an unfrozen Dr. Evil.
- tedmiston 9y agoNot sure how it's played out in practice but I've heard a lot about GE Predix. It's something like an IoT PaaS "Heroku for factories". https://en.m.wikipedia.org/wiki/Predix_(software) https://en.m.wikipedia.org/wiki/Predix_(software)