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Occasionally, we get very clear signs that significant change is in the air. When large sums of money unexpectedly change hands, people take notice that something interesting and perhaps unexpected is happening. This morning, GE announced that they were investing $105m to take a significant stake in Pivotal, the new initiative jointly owned by EMC and VMware. On one hand, we have GE: perhaps one of the best examples of an exceedingly well-run global corporation with a market cap of over $220B. On the other hand, we have Pivotal: a nascent analytics platform company formed from EMC and VMware assets, with an exceptional leader at the helm: Paul Maritz. Why would a well-resourced and exceptional global corporation take a significant stake in what might appear to be a technology startup venture? And what might this signal going forward? Context Matters I need to start with a disclaimer: I have no "inside knowledge" whatsoever in regards to this. Consider what follows only informed speculation on my part. That being said, let's dive in ... The first big idea in play is the "internet of things", or what GE calls the "machine internet". The first wave of the internet was driven by... |
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