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This week two large IoT players, GE and IBM, announced organization changes intended to enhance their ability to execute in providing software and services for the Internet of Things. In my view, it's a clear signal that the Internet of Things has moved beyond concept and potential to reality. Large and small companies are jockeying to take their share of the emerging business, and real solutions are becoming available.
GE announced the creation of GE Digital, describing it as "a transformative move that brings together all of the digital capabilities from across the company into one organization. GE Digital will integrate GE’s Software Center, the expertise of GE’s global IT and commercial software teams, and the industrial security strength of Wurldtech."
Following its decision earlier this year to invest $3 billion in new industry-specific technologies, cloud services, and tools in support of the Internet of Thing, IBM announced two new business units "that will apply the company’s considerable strengths in Big Data, advanced analytics and cognitive computing to the Internet of Things (IOT) and Educations markets, respectively."
The moves make sense for both companies, and can be seen as further evidence that the market for the Industrial Internet of Things is gaining more momentum. The competition to stake out an IoT leadership position is keen, and requires companies to have not only a strong marketing message, but also an efficient software organization to build and deliver products. For GE, this unites business units that have already been working together to grow GE's IIoT business into a single entity. For IBM, this enhances its ability to better leverage its technologies and services for IoT markets. Bill Ruh, chief digital officer, will expand his role to lead GE Digital, while Harriet Green has joined IBM as vice president and general manager for the new units.
GE announced the creation of GE Digital, describing it as "a transformative move that brings together all of the digital capabilities from across the company into one organization. GE Digital will integrate GE’s Software Center, the expertise of GE’s global IT and commercial software teams, and the industrial security strength of Wurldtech."
Following its decision earlier this year to invest $3 billion in new industry-specific technologies, cloud services, and tools in support of the Internet of Thing, IBM announced two new business units "that will apply the company’s considerable strengths in Big Data, advanced analytics and cognitive computing to the Internet of Things (IOT) and Educations markets, respectively."
The moves make sense for both companies, and can be seen as further evidence that the market for the Industrial Internet of Things is gaining more momentum. The competition to stake out an IoT leadership position is keen, and requires companies to have not only a strong marketing message, but also an efficient software organization to build and deliver products. For GE, this unites business units that have already been working together to grow GE's IIoT business into a single entity. For IBM, this enhances its ability to better leverage its technologies and services for IoT markets. Bill Ruh, chief digital officer, will expand his role to lead GE Digital, while Harriet Green has joined IBM as vice president and general manager for the new units.