Describe three kinds of decisions that can be supported using Predix. What is the value to the firm of each of those decisions? Explain. To what extent is GE becoming a software company? Explain your answer.

Please read “Business Problem-Solving Case: GE Bets on the Internet of Things and Big Data Analytics” on pages 427-429 of your text and answer the following:

How is GE changing its business strategy and business model? What is the role of information technology in GE’s business? On which business functions and levels of decision making is GE focusing?

Describe three kinds of decisions that can be supported using Predix. What is the value to the firm of each of those decisions? Explain. To what extent is GE becoming a software company? Explain your answer.