I enjoyed my 23 years. I really struggled with the decision to leave, but I am so glad I did.
I was fortunate enough to retire early and put the VJRP money in a savings account.
I had no faith in Predix.
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Those GE people are screwing up Hitachi very badly. It is not good.
So I noticed a bunch of former GE predix engineers and execs have gone to Hitachi...should Hitacvhi be concerned, are they picking up dead wood? Was the failure of predix primarily due to a flawed strategy or was it more in the people who executed it?
Last VJRP provided 6 months salary to SPBs, 3 months to LPBs, plus a week for every year of service.
True for the last VJRP offered in Digital Technology. I heard that some 270 people took it and they were mostly SPB. I can be wrong. Then it makes sense that some 1800 people leaving DT this year are higher up in the corporate ladder than those 1100 hired, who are said to be mainly PB or LPB. Right strategy, but it also means experience is not treasured.
Was your VJRP incentive at full pay for 6 months and 1wk/yr? Is this what most people got?
I planned to retire at 65, but I chose to leave at 63. The incentive was 6 months pay(VJRP) and a week for every year of service.
Financially, everything worked out for me, although I did not expect to pay 2.5 as much for family health care.
I did the Predix training about a year ago. That was enough to tell me it is smoke and mirrors. I never looked at it again. Won't ever.
How close to retirement were you?
Did you get your regular salary... for how long?
All you have to do is an internet search on Predix to see that the only one talking about it is GE. Predix has like a few articles from several years back otherwise the market nor techs care at all about it. It was dead before it was born and San Ramon is like a money leech s---ing all of the funding out of GE IT where it otherwise would be invested wisely in modernizing apps and services for Customers and internal workers.
It is not too late to fold it now.
Honestly GE came into cloud too late when platforms were already available as services.
Jeff ingested billions capital into Predix and digital with little to no returns. This could have been with $0 investment by working with partners who have already invested billions in building such platforms.
One bad decision after another.
And yeah, Predix was a joke - remember when we all started getting like $600 a month IBS bills for the accounts we created during the original “training”? It was enough of an issue that the goofy uncle in charge of Digital said he’d forgive those charges... which were just a way to try to make San Ramon look like it was a winner and enterprise IT was a loser.
I struggled with the decision too, and we probably knew each other. I’m happy with what I chose given the circumstances. I wish the circumstances didn’t exist but they did, so here we are. Enjoy it!