If we're going to build useful applications on top of the industrial Internet, we must ensure the components interoperate.
One of the most interesting points made in GE’s “Unleashing the Industrial Internet” event was GE CEO Jeff Immelt’s statement that only 10% of the value of Internet-enabled products is in the connectivity layer; the remaining 90% is in the applications that are built on top of that layer. These applications enable decision support, the optimization of large…
What's interesting isn't software as a thing in itself, but software as a component of some larger system.
One of Marc Andreessen’s many accomplishments was the seminal essay “Why Software is Eating the World.” In it, the creator of Mosaic and Netscape argues for his investment thesis: everything is becoming software. Music and movies led the way, Skype makes the phone company obsolete, and even companies like Fedex and Walmart are all about software: their core…