...said Scott Davis, chief executive of Melius Research, an independent financial analysis firm...
The logic is here:
https://www.nytimes.com/2018/04/19/business/ge-digital-ambitions.html
5 replies (most recent on top)
I was there a few months ago for training. hardly anyone was actually in the office working. Free food, drinks, etc everywhere! This place is a cost nightmare, high rent, everyone working from home, free stuff all over.
The digital concept is interesting, but GE's ambitions of "becoming a top 10 software company" are beyond laughable. The entire business model is to force an over priced, under performing, unstable, and out right inferior cloud platform on profitable business segments.
Conceptually, advanced predictive analytics on industrial assets is a fascinating and noble gesture, but the execution is bad bad bad...
Used to be 6-sigma scam, now its digital scam... Interesting how all professional career climbers recently had some kind of 'Digital... Leader' attached to their job description.
But Ruh is making money for nothing
This was a giant waste of GE wealth with nothing but failure and bad commercials to show for it. Even Owen doesn’t have a job anymore.