“Fail fast” is a goal of many savvy start-up companies as they move into a new marketplace or test out new technologies. The DAP is easily implemented into the company infrastructure because the technology can keep up with the constant change that occurs in the digital field. There are literally scores of apps that are born and die every day in relative silence. For perspective, GE’s total revenue in 2017 was nearly $124 billion. I first learnt about GE Predix through GE Design blog. And really what brings an enterprise closer to a startup mentality – and is a key tenant of DevOps and digital transformation – is a culture of constant experimentation and trying out new things. LinkedIn recommends the new browser from Microsoft. The high profile implosion of General Electric’s (GE) ambitious digital strategy has caught the attention of many practitioners and IT leaders over the last few months. Where Should You Study for Change Management? And Predix failed to become the go-to digital platform for the industrial internet. You will receive a verification email shortly. We all hope that Predix and GE will overcome their challenges to benefit from their digital transformation journey. Lastly – but not less critical – while you may choose to re-architect your applications, modernize your infrastructure or refactor your processes so you can take advantage of the most recent, cool, new technology out there – remember that: One of the biggest reasons for Digital transformations and organizational change initiatives to fail is the real or perceived lack of innovative business functionality – which is greatly dependent on how we enable our engineers to go fast and get it done! The journey begins in 2013 when GE planned on launching Predix, its own digital platform for the industrial internet. The core nature of Corporate IT is thus changing from an organization dedicated to keeping the trains running on time to one that is expected to be a key driver and enabler of a DevOps or Digital transformation – focusing on innovative approaches to provide, consume and operate IT resources to benefit the organization (for example, being able to offer IT as a service, automate IT Ops, and support cloud-native applications). The BOLD Wire delivers our latest global news, exclusive top stories, industry leading infographics, powerful interviews and bold opinions. GE Digital was unsuccessful largely because an innovative approach to its business model was not taken. Contact Us Was it bad marketing? But GE has had technical problems and delays with its software platform, known as Predix, which connects equipment like turbines and elevators to computers that can predict failures and reduce operating costs. I first learnt about GE Predix through GE Design blog. Please refresh the page and try again. Receive mail from us on behalf of our trusted partners or sponsors? (Image credit: Image source: Shutterstock/Wichy). Given they are ramping down and a lot of negative press it is good to analyze. In fact, 84% of companies are failing to execute a digitally-forward approach. We use cookies to improve our website experience. Unmotivated, unproductive, frustrated employees; system updates, changes, and navigational problems; high employee turnover, customer churn, and poor ROI are some of the severe consequences of a “bad” digital platform. GE should had selected a channel that had up-market disruptive potential for its partners too. The development of new business model and market opportunities. The DAP is a digital platform that is easy to implement and promises transformational benefits. Avoid lock-in to cloud or tools providers or to technology stacks as much as possible, so you can easily port between environments or enhance your code and processes. Why GE Digital failed. Not all bold ideas are winners. As the modern economy continues to digitize, strategic digital adoption is becoming more and more necessary for organizations in every industry. As of July 1, LinkedIn will no longer support the Internet Explorer 11 browser. Published on Tue, Aug 29, 2017 / 12:14 PM GMT+8, Unlimited access to all stories from $4.99, Robinsons Singapore to close after 162 years, Former CEO of KTL Global charged for cheating own subsidiary and false trading, Nanofilm's IPO more than 23 times subscribed, Nanofilm Technologies launches IPO on SGX-ST’s Mainboard, market cap expected to be $1.71 bil, Riverstone is a 'diamond' to have, says RHB, *For annual subscription plan only. 5 Components that Drive Digital Adoption Excellence. Incorrect maintenance of sensors can affect multiple instrumented functions. © Similarly, it’s not a question of if it should implement a Digital Adoption Platform; the DAP is business-critical for companies that want to survive and thrive today and in the years to come. In addition, remember that the enterprise ‘must haves’ must all be supported across both the legacy and the new technology investments – such as security, scalability, ACLs, auditing, monitoring, logging Provisioning processes and quotas, upgrades, rollbacks, billing, disaster recovery, DevOps CI/CD pipelines, and more. The first major lesson gleaned from the GE case or similar stories is that a Digital Platform must have a solid business focus on solving quantifiable business challenges. If you see the business models of [GE] partners, none of them had opportunity to move up-market by leveraging Predix. So what went wrong with Predix? GE also has been on record touting billions of dollars in cost savings attributed to this digital transformation, mainly due to fault tolerance & lower operating costs. Vamsi Chemitiganti, Chief Strategist at Platform 9. T&Cs apply. The problem is GE selected a wrong partner ecosystem. However, this high-profile failure is an example of why Digital or Cloud Transformation projects never seem to succeed in the first couple of tries. GE insiders are confident that Predix can still become a winner because no other competitor has the same unique applications. When GE Partners who are technology companies go to their end customers and propose Predix, their end customers were already in a different stack and worse they were still in analog world. Thank you for signing up to IT Pro Portal. Yet, there is one simple tool, the DAP, that will never fail to ease technology implementation within an enterprise. But you cannot boil the ocean, and need to have specific goals and a digestible, agile, rollout plan for what you want to attack first. While greenfield applications can be built using new technologies or architectures, for a range of use cases across verticals, it is important to keep in mind that the shiny new tech needs to be balanced with support for the legacy. We need Open Mind Software (OMS) more than Open Source Software (OSS). However, this high profile failure is an example of why Digital or Cloud Transformation projects never seem to succeed in the first couple of tries.

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