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General Electric's Internet-of-Things Acquisition History in 9 Slides

By Keith Noonan – Nov 29, 2016 at 10:16AM

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GE is buying up IoT-related companies to improve its position in connected industrial software.

Image source: General Electric.

Being ahead of the curve in Internet-of-Things technologies is one of the most important components of General Electric's (GE -0.01%)  transition to an industrial-focused company. GE anticipates that efficiency improvements gained by utilizing the industrial internet could add between $10 trillion and $15 trillion to global GDP by 2030, and the company has been buying up assets to make its Predix platform-as-a-service software the go-to choice for manufacturers, energy producers, and transportation companies that are looking to take advantage of what could be the next industrial revolution.

Click through the following presentation to get up to speed on the acquisitions that are shaping GE's Internet-of-Things strategy.

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Keith Noonan has no position in any stocks mentioned. The Motley Fool owns shares of General Electric. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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