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On 13 December 2018, diversified U.S. industrial firm General Electric announced the spinoff of its software unit, GE Digital. The new, US$1.2 billion firm will remain a wholly-owned subsidiary of GE, but will be managed independently, with its own brand, board, and equity structure.
This move will enable GE Digital to focus on its portfolio of software solutions for the industrial Internet of Things (IIoT), anchored by Predix, its cloud-based IIoT platform.
This Research Note provides analysis on:
- Reasons behind GE’s spinoff and the potential impact of GE Digital on the water sector
- Strategies of companies looking at the Water Industrial Internet-of-Things space
- Opportunities for SCADA and other software solutions for the U.S. municipal water sector