Issue #2 – GE IoT, China VC, Exoskeletons

1.) GE forms separate venture for its industrial IoT software business

GE forms separate venture for its industrial IoT software business


GE (General Electric) is looking to form a separate and independent company for its industrial internet of things (IIoT) software business.Based in the US, GE provides products and services for several industries including aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance, lighting, transportation, and oil and gas.

2.) China VC has too much money to spend
https://www.bloomberg.com/opinion/articles/2018-12-16/china-s-856-billion-startup-juggernaut-is-getting-stuck
If you’re impressed by Masayoshi Son’s $100 billion Vision Fund, China’s $856 billion in “guidance funds” will blow your mind. The country is quickly becoming a major player in the venture capital world. This year, Chinese investors are involved in over $90 billion worth of deals, second only to the U.S. and up from only $11.5 billion five years ago.

3.) Industrial exoskeletons: new systems, improved technologies, increasing adoption.
The Robot Report
INFO: This article from The Robot Report is a summary of state of exoskeletons in the industry. The article covers an introduction to exoskeletons, adoption programmes and enabling technologies.

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