General Electric To Sell Energy-Focused Startup Current

General Electric To Sell Energy-Focused Startup Current

During a presentation to shareholders in New York this week, General Electric CEO John Flannery said he plans to sell off the energy-focused startup Current in the next year or two, Boston Business Journal reported. Since launching in 2015, Current has collaborated on major energy … Read more…

JPMorgan Chase Retrofits Detroit Branches

JPMorgan Chase Retrofits Detroit Branches

JPMorgan Chase plans to retrofit more than 70% of Detroit branches with LED lights and new building management systems, the Michigan Chronicle reported on Wednesday. These retrofits are paired with a $900,000 investment aimed at supporting sustainable infrastructure projects in the city. The new retrofits … Read more…

The IBM Watson/ISS Partnership: The Marriage of Big Data and Building Management Continues

The IBM Watson/ISS Partnership: The Marriage of Big Data and Building Management Continues

There are a number of offerings in the marketplace that do some variation of what IBM Watson and Current are doing: Taking data from sensors in buildings and applying advanced analytics to generate information and insights that can create efficiencies and cut costs. It is important to look at the nature of the vendor as well as its technology.

current-powered-by-ge

GE’s Current and Tridium Form Partnership

Current, which is a GE company, today announced a relationship with Tridium, an Internet of Things (IoT) provider. The agreement calls for Tridium’s Niagara Framework to be paired with Predix, GE’s cloud infrastructure. The combined offering will capture the volume, velocity and variety of machine … Read more…

What Does the JPMorgan Chase/Current LED Deal Say About the Future?

What Does the JPMorgan Chase/Current LED Deal Say About the Future?

The deal announced yesterday between Current – GE’s energy-focused startup – and JPMorgan Chase & Co. for a massive LED replacement project has the feel of being something of a milestone. One thing that is for certain is that it’s about more than the LEDs. And … Read more…

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