When a company's management is asked what investors might not understand about their business or earnings prospects, it's usually time to listen. Based on his comments at the Barclays Industrial Select Conference, General Electric Company's CFO Jeff Bornstein thinks the market is underestimating the potential of Predix, GE's cloud-based platform-as-a-service (PaaS) solution that runs applications helping users capture and analyze industrial data. Does this mean the company has a hidden value about to be released in future years?
DATA ANALYTICS CAN HELP CUSTOMERS RUN GENERAL ELECTRIC TURBINES MORE EFFICIENTLY. IMAGE SOURCE: GENERAL ELECTRIC.
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