Sep 19, 2018

Peggy talks with Kiva Allgood, chief commercial development officer, GE Ventures, who says she grew up on a farm and the phone did one thing, but now a phone does many things. In the consumer realm, a device serves multiple purposes—and this is beginning to extend to industrial. She says every industry has its own unique set of data and collecting data is more difficult than anticipated, but technology is catching up. She is excited about the fact that the technology exists, and now we just need to find the champions. We need trades to help build large industrial equipment, but that transition isn’t going to occur fast enough. The companies who will do it faster will be more profitable, she says. If you can reimagine every single process and technology in the industrial space, imagine the impact it can have on people, she says.