GE Now Manufactures Artificial Intelligence
December 9, 2016
GE (General Electric) makes appliances, such as ovens, ranges, microwaves, washers, dryers, and refrigerators. Once you get them out of the appliance market, their expertise appears to end. Fast Company tells us that GE wants to branch out into new markets and the story is in, “GE Wants To Be The Next Artificial Intelligence Powerhouse .”
GE is a multi-billion dollar company and they have the resources to invest in the burgeoning artificial intelligence market. They plan to employ two new acquisitions and bring machine learning to the markets they already dominate. GE first used machine learning in 2015 with Predix Cloud, which recorded industrial machinery sensor patterns. It was, however, more of a custom design for GE than one with a universal application.
GE purchased Bit Stew Systems, a company similar to the Predix Cloud except that collected industrial data, and Wise.io, a company that used astronomy-based technology to streamline customer support systems. Predix already has a string of customers and has seen much growth:
Though young, Predix is growing fast, with 270 partner companies using the platform, according to GE, which expects revenue on software and services to grow over 25% this year, to more than $7 billion. Ruh calls Predix a “significant part” of that extra money. And he’s ready to brag, taking a jab at IBM Watson for being a “general-purpose” machine-learning provider without the deep knowledge of the industries it serves. “We have domain algorithms, on machine learning, that’ll know what a power plant is and all the depth of that, that a general-purpose machine learning will never really understand,” he says.
GE is tackling issues in healthcare and energy issues with Predix. GE is proving it can do more than make a device that can heat up a waffle. The company can affect the energy, metal, plastic, and computer system used to heat the waffle. It is exactly like how mason jars created tools that will be used in space.
Whitney Grace, December 9, 2016
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