We are a leadership company. Our portfolio of six leading businesses gives us a unique capability to deliver on the essential themes of tomorrow. We keep our model competitive by developing leadership businesses that can leverage the full breadth of the Company’s capabilities to win. Our businesses are diverse, robust, and can succeed in any market cycle.
GE Infrastructure is one of the world’s leading providers of essential technologies to developed and emerging countries, including aviation, energy, oil and gas, transportation, and water-process technologies and services. GE Infrastructure also provides financing services to aviation, energy, and transportation companies.
GE Commercial Finance offers an array of services and products aimed at enabling businesses worldwide to grow. GE Commercial Finance provides loans, operating leases, financing programs, and other services.
NBC Universal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information for a global audience.
GE Money is a leading provider of credit and banking services to consumers, retailers, and auto dealers in countries around the world, offering financial products such as private-label credit cards; personal loans; bank cards; auto loans and leases; mortgages; corporate travel and purchasing cards; debt consolidation; home equity loans; credit insurance; deposits and other savings products.
GE Industrial provides a broad range of products and services throughout the world, including appliances, lighting, and industrial products; factory automation and embedded computer systems; sensor and non-destructive testing; electrical distribution and power control; and security and life-safety technologies.
GE Healthcare is a leader in the development of a new paradigm of patient care. GE Healthcare’s expertise — in medical imaging and information technologies; medical diagnostics; patient monitoring systems; disease research; drug discovery and biopharmaceutical manufacturing technologies — is dedicated to detecting disease earlier and to helping physicians tailor treatment for individual patients.
Our businesses are aligned with the essential themes of our time. As an integrated, global, multi-business company we can capitalize on each, and grow efficiently across all.
Infrastructure Technology |
Emerging Markets |
Environmental Solutions |
Demographics |
Digital Connections |
Origination |
|
|---|---|---|---|---|---|---|
| GE Infrastructure | Capitalizing on a projected $10-$15 trillion global infrastructure investment by 2015. | Generated revenues of $18 billion in emerging markets in 2007 and increased 25% year over year. | Reducing emissions and fuel use with revolutionary technologies such as hybrid locomotives and GEnx aircraft engines. | Growing orders by 32% in 2007 to meet the demand of nearly one billion new air travelers by 2020. | Using smart systems to help railroads run faster and be more fuel efficient. | Partnering locally to help meet the demand from an expected $200 billion new power investment in India. |
| GE Commercial Finance | Expecting to reach $10 billion of assets in emerging markets by 2010. | Using telematics to save customers ~ $400 million in fuel and 1.2 metric tons of CO2. | Providing financial solutions to help address the demand for housing units for over 22 million U.S. seniors by 2015. | Helping grow small businesses with digital connections that accelerate processing on almost one million credit applications. | Leveraging a sales force of 8,000 + to originate deals globally. | |
| NBC Universal | Creating digital platforms for a $100 billion global marketplace. | Investing in India’s NDTV — a broadcast leader in one of the world’s fastest growing markets. | Going green inside and out through “Green is Universal.” | Through Telemundo, serving a Hispanic market that will be 20% of the U.S. population by 2030. | Generated $1 billion in digital revenues in 2007, with a 25% CAGR. | Financing tomorrow’s entertainment through a new investment fund and a vertical with Commercial Finance with $10 billion in assets. |
| GE Money | Serving 3 million customers in India. | Launching “Earth Rewards” — the first U.S. credit card that enables cardholders to purchase verifiable carbon offsets. | Backing a global consumer finance market that has grown to $40 trillion. | Projecting $20 billion in online volume by 2010. | Partnering to service Korea’s $600 billion consumer finance market. | |
| GE Industrial | Leveraging technology across oil and gas, aviation, water, energy, and healthcare to build a new business, Enterprise Solutions, with over $4 billion in revenues. | Strengthening safety by bringing advanced security solutions to airports around the world. | 3X sales of ecomagination lighting products since 2004. | With India’s middle class growing to 250 million people, Consumer & Industrial is winning big lighting and power segment orders. | Working to enable utilities and consumers to “talk” over power lines to more efficiently manage power use. | |
| GE Healthcare | Partnering in India to provide disadvantaged patients with lower-cost, advanced diagnostic imaging services. | Reaching out to a projected $60 billion healthcare market in the Middle East and Africa, by 2025. | Creating a “Green Hospitals” program to help newly constructed hospitals hit energy and conservation targets. | Servicing China’s healthcare market—projected to be $280 billion by 2013. | Expanding a $2 billion healthcare IT business — a market projected to grow to $27 billion by 2010. | Investing to increase the quality and affordability of private healthcare services in the Middle East and North Africa. |
Developing intellectual content is among the most important things we do at GE. Few companies generate the capital to invest the way we can. In 2007 GE invested $15 billion in the intellectual foundation of the Company. This yielded 2,350 global patents, 10,000 managers trained to innovate, and intellectual property assets that span the globe.
GE Global Research is often referred to as “GE’s seventh business.” Our scientists drive innovation for the entire Company from four multi-disciplinary research centers: Niskayuna, New York; Bangalore, India; Munich, Germany; and Shanghai, China. Across these centers, approximately 3,000 research employees deliver breakthroughs that fuel growth across GE’s businesses, ensuring that GE is well-positioned to capitalize in an ever-changing world.
Centers are strategically positioned in both developed and emerging economies to tap into key growth markets and to leverage expertise across the R&D organization. All centers are multi-disciplinary, with areas of study including biosciences, materials science, electronics, energy conversion, electromagnetic analytics, and molecular modeling — to name a few. Today, researchers are working to introduce innovative ideas and technologies that have the potential to revolutionize the way we work and live.
GE researchers developing future products in the research centers around the globe
GE has a heritage for operational excellence and management processes. In 1956, the Company built a learning facility at Crotonville in New York to teach these processes. It is now recognized as the world’s first major corporate business school.
Crotonville is a 53-acre corporate learning campus that builds competitive advantage through real-world application of cutting-edge thinking in leadership, organizational development, innovation, and change. Just as our Global Research Centers seek to bring breakthrough discoveries to market in the realm of science and technology, Crotonville emphasizes the intellectual property inherent in our people and in the application of new management ideas. In 2007, almost 10,000 employees attended Crotonville courses on topics including leadership, strategy, innovation, business impact, and change management.
As customer collaboration becomes even more important, GE continues to share its intellectual property with key customers and partners through courses and experiences that help them compete and win. And we are looking at ways to extend Crotonville’s reach around the world.
Executives, including Chief Executive Officer Jeff Immelt, provide leadership training at Crotonville
NBC Universal generated $15.4 billion in revenues in 2007 by producing high-quality programming across a wide spectrum of media and distribution platforms. Its Universal film business achieved record performance, with global box office of over $2 billion led by titles including The Bourne Ultimatum, Mr. Bean’s Holiday, Knocked Up, and American Gangster.
NBCU’s cable business, which accounts for 50% of its profits, had a successful year with strong performances from CNBC, MSNBC, USA (the number one cable channel), SCI FI, Bravo, and its new addition, Oxygen. The news division once again had the top programs in their time slots with NBC “Nightly News,” the “Today” show, and “Meet the Press.”
The business is also growing its digital content base, with iVillage.com and the new content-sharing site hulu.com. And 2008 will be an exciting year with the Beijing Olympic Games bringing more hours of new content across more channels and devices than ever before.
On the sets of Universal’s The Bourne Ultimatum, and NBC’s “Heroes” and “The Office”
