GE is on an IoT buying spree

It turns out GE Digital's acquisition of ServiceMax on Monday and its Meridium buy in September weren't the company's only recent moves to expand its industrial IoT expertise. Two deals for small startups, completed recently and announced on Tuesday, add interesting technologies that should help the company develop new capabilities and help enterprises meet challenges in industrial IoT. Both were announced at GE Digital's Minds Machines conference in San Francisco and didn't come with publicly announced price tags. In mid-October, the company bought Wise.io, a startup that GE says can refine machine-learning algorithms through a process like natural selection. In the industrial world where GE Digital operates, recommendations based on machine learning carry higher stakes than they do on e-commerce sites.