Startup paranoia keeping General Electric on its feet: GE Australian chief

[1] According to Geoff Culbert, president and chief executive for GE in Australia and New Zealand, the startup scene is putting a scare on General Electric’s business model.

[2] The company is driving towards innovation because if they don’t, they will be left behind.

[3] Currently, GE is making efforts to integrate its software applications with its equipment such as embedding their software into the likes of aircraft engines.

[Source] Australian Information Technology News – Startup paranoia keeping General Electric on its feet: GE Australian chief