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GE Locks Down Major Grid Data Deal With Exelon’s Utilities

October 27, 2017

GE’s companywide earnings fell short of expectations last week, but its digital grid business keeps on growing.

Descended from Thomas Edison’s electrical appliance enterprise, GE still has its fingers in a nearly unfathomable number of pies. It still leads in conventional power applications, like wind turbines and gas generators, but it’s also been building out Predix, an industrial internet-of-things business that pairs on-the-ground sensors with local and cloud computing.

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