So much for keeping the digital talent in house...
https://www-bizjournals-com.cdn.ampproject.org/c/s/www.bizjournals.com/chicago/news/2017/10/18/chicago-startup-poaches-two-top-executives-from-ge.amp.html
7 replies (most recent on top)
agree with the statement above. 5 top talent people = 400 flunkies.
Donahue was hardly top talent. He'd only been with GE ~5 years and no one thought he would last.
One a chief marketing officer the other an auditor
Do your career a favor. If you are a coder or a designer get a job with a start up or with a real software company. These big iron companies have a lot to learn. They'll get the rejects and will spin a good marketing tale with nothing under the hood.
The big conglomerates cannot compete in the Digital space. The big co see the opportunity but are not structured in a way that allows for speed. Any big conglomerate that thinks they can compete are selling the same dream that Predix was pitching. Ever hear the saying it is mutton dressed as lamb?
These big old clunky orgs that compete with GE have too many people at the top who protect their jobs by not allowing decisions to be made by those who actually know the space. GE is ahead of others in terms of Digital. The other big old companies that are now dabbling in this arena will not be able to leap frog. Just the nature of digital with instant access to data, contradicts the old model of a big corporation. This is a new age. Good luck to GE. If anybody can make it work, it's you.
Take a look at the company that these Executives went to (Uptake). This is a startup company now valued at $2B. What this company shows on their website sure looks a lot like Predix with monitoring assets. (i.e. Gas Turbines/Wind Turbines/Aircraft engines). Even the GUI looks very similar. To me, GE just needs to be nimble and fast enough to get in the marketplace first, before competitors like Uptake. GE has the experience of marrying the hardware with the digital.
If only GE had any real digital talent in the first place. All the people hired at San Ramon are the dropouts not good enough for Apple or Google. Now they have spent almost three years and billions of dollars and still cannot generate any real profits or any tangible product. Oh yeah, Predix will fit it, what a scam...