Vestas was in a precarious position in 2012, but it is now a market leader, thanks in large part to its focus on data and mathematics.
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Centric Digital's curator insight,
March 9, 2016 9:11 PM
This week, Tom Siebel’s latest company, C3 Energy, changed its name to C3 IoT and branched out from its focus on energy utilities to commercial enterprises such as manufacturing, mining, transportation and health care.
His firm is not the only one betting the farm on the IoT, or Industrial IoT (IIot).Research firm IDC predicts that Internet of Things-related spending will reach $1.7 trillion by 2020, much of it coming from the commercial sector. There are already dozens of companies hoping to soak up some of that money by offering cloud platforms for the Internet of Things, including IBM, Microsoft, Amazon and even General Electric.
Siebel hopes that C3 will have an edge over its competition because it’s already proven itself as ready for large-scale industrial use through its work in the energy sector. |
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