GE Touts the ‘Industrial Internet’ to Make Business More Efficient

American conglomerate General Electric believes machine-to-machine, or “M2M” for short, advances will fundamentally alter the way business operates.

This morning at its “Minds and Machines” conference in San Francisco GE took the wraps off a new suite of “Industrial Internet” (PDF) technologies and services that it says will help airline, railroad, healthcare, manufacturing and energy companies increase productivity and reduce costs — $150 billion in waste, it claims.

All this, just by connecting industrial machinery to the Internet (and the people that use it).

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