A few years ago, Jeff Immelt, CEO of the massive industrial manufacturing company GE famously stated that the future of his company lay in successfully transitioning into being a software and analytics company. Immelt certainly put his checkbook where his mouth is and started to invest hundreds of millions of dollars in building out partnerships, investments and resources to deliver upon that vision.
And that journey seems to have been a successful one, if news from Invenergy, North America’s largest independent, privately-held renewable energy provider is anything to go by.
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