In a move to provide big data services to industrial clients, General Electric is investing $1 billion in a new global software headquarters outside of San Francisco that will house around 400 newly-hired software developers.
GE is in the position of already either owning or managing huge data sets for industry and government customers, and owning software to manage and analyze the data. This provides a clear opportunity to provide additional highly-profitable data services to its client base, and the possibility to sell information products beyond the customer base. GE Energy already provides data, and an obvious question is whether/how much GE will go beyond selling data and services to customers of its industrial systems.
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