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GE Healthcare To Plow $2B Into Software Development
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jaysimmons
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jaysimmons,
User Rank: Apprentice
6/17/2013 | 12:39:50 AM
re: GE Healthcare To Plow $2B Into Software Development
I think that the timing of this investment has a lot to do
with the focus on health IT being so pronounced as it is these days, the
creation of EHR systems and the overall technological expansion of the
healthcare industry. GE is looking at the industry and has analyzed the
shortcomings of healthcare IT so they see the huge potential in this investment.

Jay Simmons
Information Week Contributor
ChrisMurphy
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ChrisMurphy,
User Rank: Author
6/13/2013 | 11:03:06 PM
re: GE Healthcare To Plow $2B Into Software Development
GE has long been in the software business, but it is making a much larger bet on software, including its creation of its Silicon Valley office. This isn't a token Valley presence, GE has hired 100s there.

Here is some background:
GE's Huge Software Ambition: 3 Key Takeawayshttp://www.informatio...
DDURBIN1
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DDURBIN1,
User Rank: Ninja
6/13/2013 | 7:06:24 PM
re: GE Healthcare To Plow $2B Into Software Development
For the first 10 years of my career in the computer profession was in manufacturing. When I got laid off I was able to find a job at a hospital. The healthcare industry was at least 10 years behind what I was doing in manufacturing. That was 1983. The next 10 years saw healthcare catch up in the use of technology. With the capital crunch of the 90's I found myself back in manufacturing. Over the past 20 years healthcare is gain at least 10 year behind. Since GE has been in the healthcare industry all this time I'm wondering why its taken this long for the investment.


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