The enemy is already within. The flood gates are open. Can GE recover?
Paul Hobcraft
DECEMBER 6, 2017
GE made a $4 billion bet on connecting industrial equipment via the Internet of Things (IoT) and analytical software with a suite of products called the “ Predix Cloud ”. Well not anymore, GE recently in its 3 rd quarter review revealed its chronic cash position. In reality, its free cash flow can’t pay its obligations.
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