GE Intelligent Platforms says updates to its suite of Proficy Manufacturing software are designed specifically to meet the strategic objectives of today's manufacturers as they transform their operations to meet the new realities of business potential enabled by the so-called Industrial Internet.
A few weeks back I referenced the work of Robert J. Gordon, an economist and professor at Northwestern University. In a paper published last September for the Centre for Economic Research, he laid out the history of the first three industrial revolutions. And he asked whether a fourth, supposedly driven by the internet and other advances in information technology, could come anywhere near its predecessors in terms of productivity improvements.