@jastroff- I don't know if GE every went away or died. People looked at them selling off units as "focusing." Immelt said in his interview that if having 300,000 employees with $65 billion in profits is a "focused" it is sure focusing on the right things.
At any rate, this is a company that has made over $300 billion in profits the last 5 years so the fact that they have to say they aren't dead is crazy.
Can GE, change its image and become a diigtal company? A room full of CIOs seemed to take it seriously so I think they can. But it is an uphill climb. GE is smartly selling to its existing customers first. So if they can win them over, I suspect they can broaden their horizons.
I don't think the question is whether cloud analytics can help industries, it is whether GE's cloud analytics can help more than IBM, Microsoft, etc. GE is claiming their eisting expertise gives them a leg up. We'll see.