The example of GE, with its Industrial IoT Initiative, shows that telcos may not be the main drivers of new revenues from the Internet of Things. Manufacturers of heavy equipment have rarely been in the vanguard of digital technology, but their customers generate huge amounts of data which can be turned into gold, if this traditional sector gets wise to artificial intelligence and massive data analytics. With this in mind, French aerospace and transport equipment giant has acquired Guavus, a specialist in analytics for telcos, in a bid to turn apply the firm’s operator-focused knowledge to its own sector. The deal is valued at up to $215m in cash, and is expected to be concluded in the third quarter. Guavus…