Jim Cramer: We Believe in GE's Predix

The 'machine learning' involved in General Electric's Predix platform is a game-changer and Microsoft is coming along for the ride, said TheStreet's Jim Cramer.
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The 'machine learning' involved in General Electric's (GE) - Get Report Predix platform is a game-changer and Microsoft (MSFT) - Get Report is coming along for the ride, said TheStreet's Jim Cramer. Shares of General Electric are up almost on percent on Monday morning after the company said its Predix industrial operating system will be available on Microsoft's Azure cloud. GE's Predix platform is already available on Amazon.com's (AMZN) - Get Report and Oracle's (ORCL) - Get Report clouds. Microsoft hopes that GE's Predix will convince its loyal industrial customers to adopt Azure. Microsoft said it will will integrate Predix with its business applications including Office 365, Dynamics 365 and Power BI.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.