General Electric Co. is planning to launch cloud-based services for industries such as the energy, health-care and transportation sectors it already works with, the company said in a statement Wednesday. The Predix Cloud, which will go on sale in 2016, is GE’s entry into the cloud-services business, it noted. In a typical scenario, the offsite computing services will provide a platform for industrial customers to develop software that pull in data from their machines — such as sensor readings — then analyze it before delivering it for use in customized apps.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
