Homework Help: Questions and Answers: What are the three waves of industrial level innovation according to GE?
a. The Internet Revolution, The Digital Revolution, The Industrial Internet
b. The Industrial Revolution, The Internet Revolution, The Industrial Internet
c. The Agricultural Revolution, The Internet Revolution, The Industrial Internet
d. The Scientific Revolution, The Industrial Revolution, The Internet Revolution
Answer:
First, let’s understand General Electric (GE):
GE is a well-known multinational company that has been involved in various industrial sectors, including manufacturing, technology, and digital solutions. They have often talked about different waves of industrial innovation in their business strategies and thought leadership.
To solve this question, lets identify the three waves of industrial-level innovation according to General Electric (GE).
Given Options: Step by Step Answering
a) The Internet Revolution, The Digital Revolution, The Industrial Internet
- The Internet Revolution refers to the rapid development and adoption of the internet.
- The Digital Revolution is often used interchangeably with the Internet Revolution, focusing on the transition from analog to digital technology.
- The Industrial Internet refers to the integration of complex physical machinery with networked sensors and software, a concept GE is particularly known for promoting.
b) The Industrial Revolution, The Internet Revolution, The Industrial Internet
- The Industrial Revolution refers to the period of major industrialization in the 18th and 19th centuries.
- The Internet Revolution refers to the development and spread of the internet.
- The Industrial Internet is the integration of the industrial sector with digital technologies.
c) The Agricultural Revolution, The Internet Revolution, The Industrial Internet
- The Agricultural Revolution refers to the transition from hunting and gathering to settled agricultural communities.
- The Internet Revolution and the Industrial Internet have already been discussed.
d) The Scientific Revolution, The Industrial Revolution, The Internet Revolution
- The Scientific Revolution refers to the period of great scientific discoveries in the 16th and 17th centuries.
- The Industrial Revolution and the Internet Revolution have been discussed.
Final Answer
GE has been a major proponent of the Industrial Internet, often positioning it as the third wave following the Industrial Revolution and the Internet Revolution. Therefore, they see the history of industrial innovation as beginning with the Industrial Revolution, continuing with the Internet Revolution, and culminating in the Industrial Internet.
Based on the above analysis, the correct answer is:
b. The Industrial Revolution, The Internet Revolution, The Industrial Internet
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