This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

GE Announces ‘Industrial Internet Quests’ Challenging Developers, From Designers To Data Scientists, To Transform Aviation And Healthcare Productivity

GE’s first two Industrial Internet Quests announced today are:

Flight Quest: www.gequest.com/flight

  • The International Air Transport Association (IATA) and Federal Aviation Administration (FAA) estimate that on any given flight there is 18-22% inefficiency – from flight delays, to use of fuel, to flight paths. The Flight Quest challenges data scientists to help create an algorithm for a flight management system that reduces flight delays to save airlines money and ensure travelers arrive safely and on-time.
  • Participants in the Flight Quest will receive a two-month data set of flight information of the National Airspace System. The information will include: flight number, origin, destination, take-off time, arrival time, latitude and longitude at frequent interim waypoints along the journey and weather and wind data.
  • The Flight Quest will take place over two phases. In the first phase, participants will be asked to create a predictive model that increases aviation efficiency.
  • The winning predictive algorithm from the first phase will then be used to create a simulation in the second phase of the Quest with the ultimate goal being the creation by GE of an onboard flight management application.
  • Together, the winners from both phases will receive a total prize pool of $500,000 from GE.

Hospital Quest: www.gequest.com/hospital

  • Many reports estimate there is anywhere from $750 billion to $1.2 trillion wasted annually in healthcare inefficiencies. The Hospital Quest challenges the developer community to create the ultimate patient experience in a hospital setting by designing applications for use by patients to take the hassle out of the process involved in hospital stays and advance operations management to free up caregivers to spend less time on inefficient processes and activities and more time with patients.
  • Submissions will be evaluated by a panel of judges from GE, Ochsner Health System and Kaggle. The winners will receive a total prize pool of $100,000 from GE.

The Industrial Internet Quests will be open for entries beginning November 29, 2012. To participate and view full terms and conditions of the Industrial Internet Quests, visit www.gequest.com .

GE plans to launch a series of “Industrial Internet Quests” in 2013. These Quests will embrace the goals of open collaboration with our customers, developers, data scientists and designers to help GE in transforming various industries across Healthcare, Aviation, Rail, Oil & Gas and Power.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,156.85 +24.88 0.15%
S&P 500 2,001.57 +2.59 0.13%
NASDAQ 4,562.1890 +9.43 0.21%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs