to be abde to gunerae an anl e iome of seo,00o much money ycurity benefi, use th
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to be abde to gunerae an anl e iome of seo,00o much money ycurity benefi, use thel the achieve your retirement goal. If you need to calculate you Calculator at the Social Security Use the website you have selected to determie s and the est website conclusions reached, and the Administrat of a Critique the site- its ease of use, its clarity, the which the site helps investors financial understand their financial needs and the financial markets Collaboration and Teamwork Project Investigating Data-Driven Analytics in Sports 12-12 With three or four of your classmates, select a spot the web to rescarch how the sport uses vl aves If possible,t ues data and analytics to improve team performance or i sales to events If possible, use Google Docs and Google s, select a sport, such as football, baseball, basketball, os teasi es to bstor,o or increase s ganian, and pa presentation ofyour G ogle Docs and Google Drive or Gogle sites to brainstorm, on ta ei- your findings for the class GE Bets on the Internet of Things and Big Data Analytics CASE STUDY General Electric (GE) is one of the world's largest on electric power ge industrial companies with products ranging from tives, and oil-retining s turbines to jet engines to medical equipment, but it these devices to the may not be much longer. The company is transition nies such Oracle, SA, a nerators, jet engines, gearaing softwareco cloud. Leadin Oracle, SAP and Microsoft have tradition roviding technology for the ing to a much more technology-centric business strat ally been egy and business model. GE is selling off its division back office. In contrast, GE is putting its money on that makes refrigerators and microwave ovens along the technology that controls and monitors industrial with most of GE Capital financial services to focus machines as well as software-powered, cloud-hasedExplanation / Answer
In the context of the given question,
12-13. As we read the earlier part of the case study, GE has outsourced its major technological work to SAP and Microsoft to manager hardware, and GE is instead switching from its traditional heavy engineering to a more digitized form of business working on analytics of data gathered from operation of its heavy equipment like jet engines, turbines and use that data to predict future performance, downtimes etc...and increase business performance. With the invention of its new IoT application, and use of Predix software to analyse data from sensors has been a major transformation of its business model.
12-14. The case study explains that GE is more focussed on shifting from traditional industrial company to a technology-centric organization that focusses on providing enhanced product value by identifying and fixing operational problems using data collected and analysed from its own equipment using sensor technology. As we see, it has a more digitized business model movig towards analytics and business re-engineering.
12-15. Predix has given GE an advantage to venture into fleet analytics, an undiscovered area in the traditional business space. The case studt describes how Predix has helped them to identify the maintainance schedules of its jet engines, and how Middle East and China's climates makes the engines to clog frequently, and so Predix helps to identify early stages of such problems and help in longer lifetime and reduced maintainance costs of the engines. Similar advantages have been used in the Irish power plant to optimize and improve its efficiency of output.
12-16. I agree that GE is a technology driven company, but not purely a technology company. It is exploring areas where technology can be invested to optimize and provide competitive advantages as clients use its heavy equipment, but it still needs support from IT vendors like Oracle, SAP and Microsoft to run it backend of data management.
12-17. In my opinion, GE is not planning and envisions to become a software company, but aims to be use the technology to its best advantage so that fleet analytics and Predix can help some of the most complex operational problems and reduce maintainance costs and increase lifetime of its jet engines.
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