The magazine recognized Chairman and CEO Jeff Immelt (60 years old) for transforming GE into a digital-industrial company connecting machines and businesses to the cloud with Predix, its operating system for the Industrial Internet. Predix has quickly grown into a USD5 billion business with USD6 billion in additional orders expected this year.

“The program has about 4,000 developers today, and GE is hoping for 20,000 in 2016. And products like Brilliant Factory and Digital Power Plant are designed to drive more efficiency in factories and power plants by using big data to help save money,” the editors wrote.

Last year, it unveiled the digital twin, a cloud-based simulation of physical assets that allows engineers to optimize machines based on data analytics and predict problems before they happen.

There can be digital twins not only of power plants and wind turbines but also of the human body./.

( VNF )