GE Vice Chair: Venture Unit Looking More at Partnerships

The transcript discusses how large corporations balance internal innovation with acquisitions, emphasizing the importance of core innovation and partnerships. It highlights GE's approach to innovation, including their work in renewable energy and digital partnerships. The Predix operating system is introduced as a tool for managing industrial-scale data, with a partnership with Microsoft Azure. GE Ventures is also discussed, focusing on its role in investing and partnering with startups, including projects like drone services and cell therapy incubation.

What are some strategies that big corporations can use to balance innovation and acquisition?

How has the model of innovation evolved for companies over the past decade?

What unique challenges does industrial data present compared to cloud data?

Can you explain the role of GE Ventures in relation to the company's innovation strategy?

What is the significance of the partnership with Mayo Clinic in the context of GE's innovation efforts?