5 Recent 'Must Know' IoT Acquisitions And Strategic Partnerships

GE Partners With Huawei

Both General Electric and China-based networking behemoth Huawei are investing heavily around IoT solutions and strategic partnerships. The two companies recently unveiled a partnership focused on driving IoT adoption in China’s industrial market.

Huawei will also make GE’s Predix, the company’s industrial cloud-based IoT platform and its preferred platform for IoT projects. Last year, Predix generated $5 billion in sales for GE.

Partner Takeaway: Solution providers looking to get into the Chinese market might want to look at this partnership as a possible route.