GE Announces First Data Lake Approach for Industrial Internet to Better Access, Analyze and Store Industrial-Strength Big Data
Aviation pilot project integrates terabytes of full flight data for the first time in industry — demonstrating 2,000x performance improvement and up to 10x cost savings Combines with GE PredixTM for faster, more secure access and analysis of industrial data for customers Builds on technology partnership announced in 2013 SAN …
GE Appoints Three New Company Officers
FAIRFIELD, Conn. — August 6, 2014 — GE announced today the appointment of three new Company officers. GE has 195 officers globally who lead large revenue-generating businesses or are in critical technology or functional roles, helping to drive growth. Robert Y. Casper, 50, has been named vice president and chief …
GE TO INVEST $2 BILLION IN AFRICA BY 2018
GE convenes African Heads of State, government representatives, & business leaders at U.S.-Africa Leaders Summit * GE commits to facility development, skills training, and sustainability initiatives across Africa over next four years * GE revenues exceed $5.2 billion across 30 African countries in 2013 — Africa has emerged as the …
GE CEO Jeff Immelt Makes Statement Regarding Synchrony Financial IPO
FAIRFIELD, Conn. – July 31, 2014 – GE [NYSE: GE] Chairman and CEO Jeff Immelt made the following statement today: “Today, we successfully executed the IPO of our North American Retail Finance business, Synchrony Financial. This is an exciting time for the Synchrony Financial team, and we are proud to …
GE ENERGY FINANCIAL SERVICES INVESTS IN ATRIA POWER’S WIND FARMS IN INDIA; SUPPORTS USD $1 BILLION ANNUAL RENEWABLE ENERGY INVESTMENT COMMITMENT
ANANTHAPUR AND BETUL, INDIA — July 28, 2014: GE unit (NYSE: GE) GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in India, supporting GE’s commitment to invest USD $1 billion annually in renewable energy projects worldwide. The wind farms will have a combined …
GE, CLINTON HEALTH MATTERS AND PARTNERS LAUNCH PLAN TO IMPROVE HEALTH IN HOUSTON & HARRIS COUNTY
Houston, TX, July 24, 2014 — (NYSE: GE) — GE, the Clinton Health Matters Initiative (CHMI), Houston Mayor Annise Parker and partners today released the “Houston and Harris County Blueprint for Action,” a report which outlines nine key areas of need with action steps and measurement criteria to drive improved …
GE Reports 2Q’14 Operating EPS $0.39, +8% 2Q Industrial Organic Revenues +5%; Segment Profit +9% 2Q Operating Margins Up 20 Basis Points Backlog of $246B, Up $23B from Year-Ago Retail Finance IPO Targeted for End of July Total-Year Framework on Track
2Q Highlights 2Q operating EPS $0.39, +8% 2Q Industrial segment revenues +7% Growth market orders +14%, revenues +6% Services orders +14%, revenues +5% 1H margins +30 bps vs. year-ago Cash generation of $3.4 billion year-to-date, including $1.4 billion GECC dividend GE Capital ENI (excluding cash and equivalents) at $371 billion, …
Siemens receives top rating from the Carbon Disclosure Project
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Matthias Rebellius appointed new CEO of Building Technologies Division
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