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Africa: How Digital Industry Can Solve the Sustainable Development Goals
GE Africa, 3 November 2016
GE Africa (Lagos)
How Digital Industry Can Solve the Sustainable Development Goals
The Industrial Internet (IIoT) is part of the current wave of development wherein the internet is evolving into the Internet of Things (IoT); in other words, not just everyday objects but also industrial machines will have network connectivity, allowing them to send and receive data. GE's Thaddeus Burns and Sebastian Lohse have written about how the industrial internet can accelerate access to healthcare, water and energy in Africa and other developing parts of the world - if there were less restrictions on international data flows and if data can move freely across the globe. Read more. More about GE in Africa in this BRIEFING.
GE has spent over $1 billion to develop Predix, the backbone for the Industrial Internet. GE estimates that the convergence of machines, data and analytics could contribute $10 to $15 trillion to the global GDP in efficiency gains over the next two decades. That’s about the current size of the U.S. economy.
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