GE started on Predix development too late and is charging its internal verticals too much, generating resentment towards the product and brand.
Strategy error to go with roll-your-own IoT platform instead of sourcing from an actual IaaS/PaaS provider such as AWS/Azure.
But it boosted GE Digital headcount and gave management something to show investors as a growth story in 2015/2016.
Should double down on actual software-driven revenue generators such as ServiceMax and APM.
Many industry analyst also believe that Predix is one of the reasons for Jeff's failure. It came too late in the game and it was too expensive endeavor poorly planned and poorly executed.
Predix should be simply shut down. Period.
Thats enough to save 2 BILLION and the pride of GE, whatever is left !
Predix uses native cloud service, aka sourcing from AWS and Azure. Please read about Cloud Brokers. It also leverages PAAS tools to orchestrate stateless jobs with those cloud stateful services like S3, SQS, RDS, EMR...
Was part of a good revenue generating team but the US members all got let go. Additional hiring in Hyderabad.