GE Digital does a 180 on its spin-off plans, two semiconductor companies merge to build a major IoT business, and IoT software providers invest in their consulting and system integration capabilities. These are the biggest IoT news stories from this year.
IoT News 2019- GE Digital Reverses Course, And Other Stories
It turns out GE Digital isn’t going to become an independent company, wholly owned by General Electric, as we expected based on the company’s announcement last year.
The decision to reverse course and keep GE Digital within GE itself was among the 10 biggest IoT news stories of 2019 when it came to the enterprise and industrial sides of the field.
Other developments that made big waves this year: an industrial giant getting into container technology for industrial IoT, two rivals in the semiconductor industry teaming up to work on a new IoT standard, two other semiconductor companies merging to build a major IoT business, and IoT software providers investing in their consulting and system integration capabilities.
What follows are the 10 biggest IoT news stories of 2019.
10. GE Digital Pulls Plans To Become Independent Company
As General Electric’s new CEO, Larry Culp, works to solve the industrial giant’s various problems, the trajectory has changed for GE Digital since announcing last year that it would spin out the company’s industrial IoT software arm as a wholly owned independent company. Power magazine reported in November that GE Digital will remain a part of GE and focus on four key markets, electric utilities and power generation among them. That news was based on a letter sent to customers from GE Digital CEO Pat Byrne, who was appointed in July to run the business. Under Byrne’s leadership, GE Digital partners said they have noticed a renewed focus
9. Siemens Gets Into Containers For IoT With Acquisition
Industrial giant Siemens is signaling the importance of container technology for industrial IoT with its acquisition of technology from edge computing startup Pixeom. The acquisition, announced in October, includes Pixeom’s edge computing platform and employees but not the business itself. The company said Pixeom’s edge computing platform “will be at the heart” of its future Siemens Industrial Edge ecosystem, which it described as an open ecosystem that enables companies to create and manage edge applications with ease to analyze data in factory environments. One of Pixeom’s key capabilities is the ability to package, deploy and orchestrate cloud applications on commodity hardware through containerization, giving companies the ability to run these types of applications on edge and on-premises servers without the need for any specific hardware configuration.