The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino discusses topics from around the investing world.
In today's edition, Isaac focuses on new cutting-edge developments from120-year-old industrial giant General Electric. For everday consumers, GE recently debuted the NewFi system, which will allow field inspectors to diagnose problems with refrigerators or other everyday appliances that contain ethernet portals. For years we have envisioned a world where our energy usage is better monitored and more efficiently delivered, and Isaac believes GE's investments could pay significant dividends down the road.
The company announced the development of a "nerve center" in Silicon Valley in the fall of 2011, which will ultimately serve as ground zero for GE's "industrial Internet." In simpler terms, GE will connect with everday machines and monitor their behavior, their energy requirements, and their maintenance needs. GE believes the industrial Internet will help customers improve productivity and increase cost savings, whether they operate power plants, jet engines, electric vehicle charging stations, locomotives, or medical systems. In the video below, Isaac explains why this opportunity is so significant and why all types of blue chips and technology companies are jumping into the fray.
For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy, infrastructure, and technology. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric. Our industrials analyst breaks down GE's multiple businesses and provides reasons to buy or sell GE based on underlying fundamentals. Plus, you'll receive continuing updates as major events unfold during the year.