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Fortune
Fortune
Barb Darrow

New GE Chief Confirms Narrower Focus for Industrial Cloud Plan

GE Healthcare President And Chief Executive Officer John Flannery Interview (Credit: Photograph by Christopher Goodney — Bloomberg via Getty Images)
John Flannery, General Electric's new CEO, recently acknowledged plans to refocus the company's cloud computing and data analytics efforts on a handful of key industries. Flannery started his new gig atop one of the world's biggest companies on Aug. 1, replacing former CEO Jeff Immelt, who had spent five years staking out an ambitious plan for GE to build its own cloud computing data centers and services. Those were supposed to be the foundation for Immelt's plan to transform the century-old industrial giant into a digital power that would be known as much for its software and data crunching as for the jet engines and medical devices. In a recent post on LinkedIn Flannery talked—broadly—about how that vision has shifted so that GE can make use of its existing expertise. "We will leverage what we do best in energy, oil and gas, aviation, healthcare, rail, and mining, and draw on our core assets and equipment to deliver the best value and execution," he wrote. Flannery's post confirmed a Reuters report
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