GE Predix (cautionary tale)
2013-2018
GE launched Predix as the foundational industrial IoT platform that would turn GE Digital into a top-10 software company by 2020 โ billions of dollars of investment, a sales force assembled around the platform, and a category-defining marketing campaign. The execution failed: the platform was over-engineered for the customer's actual needs, the sales motion was selling vision instead of outcomes, the customer ROI never materialized at the scale the marketing implied, and the business was eventually carved up and divested. The Predix story became the cautionary anchor every industrial IoT buyer references when evaluating new platforms โ and the burden of proof on outcomes is now structurally higher because of it.
Lesson
Industrial IoT platforms that sell vision and dashboards instead of measurable operating outcomes lose. The Predix failure is the reason every industrial-IoT buyer now demands outcome attribution before signing โ and the platforms that lead with outcomes win the deals the platforms that lead with architecture cannot.