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Cloud

Financial Times: GE Healthcare To Improve Organic Growth With Digital Technology

Timothy Cheng
December 22, 2015

John Flannery, GE Healthcare’s chief executive officer, told the Financial Times that when he started his job last year, he “didn’t come with a mandate to do big M&A.” Instead, Flannery, who held many different GE jobs during his 27 years with the company, said he would be focusing on organic growth.

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Business Insider: GE CEO Uses His Math Major Every Day, More Than His MBA

Timothy Cheng
December 17, 2015
GE Chairman and CEO Jeff Immelt says he uses his undergraduate degree in mathematics more often than his Harvard MBA. “I use my math major every day, I don't use the MBA quite as much," Immelt told Business Insider’s Henry Blodget at the publication’s IGNITION 2015 conference. “I think most things that are about companies are about problem solving,” Immelt said.
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Annual Outlook

2016 Annual Outlook: Immelt Optimistic About GE's Digital Industrial Future

Timothy Cheng
December 16, 2015
GE Chairman and CEO Jeff Immelt took over Studio 8H inside New York’s 30 Rockefeller Plaza this afternoon to give his annual vision for the company in 2016 today. Addressing a crowd of investors and analysts who packed the theater – best known as the set of Saturday Night Live – Immelt outlined the steps he’s made to turn GE into the world’s largest digital industrial company. "We're the only company that will have the machines, analytics and operating systems," he said.
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Industrial Internet

Business Insider: GE CEO Says Let’s End The Debate Over Whether We Are In A Tech Bubble

Tomas Kellner
December 09, 2015
In his piece in Business Insider, Jeff Immelt, GE chairman and CEO, called for an end to the debate over whether we were in a tech bubble. “I believe that this is shortsighted and rooted in the belief that at some point the tech industry must undergo the same unfortunate ‘burst’ as in 2000,” Immelt wrote.
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Electrification Software Industrial Company

Mad Money: GE CEO Outlines Future of Company

Timothy Cheng
December 02, 2015

 

Jeff Immelt, chairman and CEO of GE, recently spoke with CNBC Mad Money’s Jim Cramer about the company’s digital industrial future — and the outlook appears bright.
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GE Store

Give and Take: How GE Oil & Gas Shops for the Future at the GE Store

Timothy Cheng
December 02, 2015
For retailers, Black Friday and Cyber Monday can make or break a year. For global industrial companies like GE Oil & Gas, demand for solutions, resources, and technology doesn’t come up on a single weekend – it comes up every day. Around the world, the business extracts, transports, and refines natural resources, providing full-stream solutions to hundreds of customers for more than 20 years. Last year, the business generated $19 billion in revenues.
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Energy

Give and Take: How the World and GE Power Benefit from the GE Store

Benjamin Seiden
November 23, 2015
Some 1.3 billion people don’t have access to reliable electricity today. The International Energy Agency’s 2014 World Energy Outlook estimates the world needs to add some 7,200 gigawatts (GW) of power generating capacity by 2040 to meet new demand and replace old plants. Two thirds of that growth will be in non-OECD countries, including places like China.
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finance

GE Completes the Separation of Synchrony Financial

Kathryn Stanek
November 17, 2015
Today GE (NYSE:GE) completed the separation of Synchrony Financial (NYSE: SYF), the largest provider of private label credit cards in the United States[1]. Synchrony Financial has been a part of GE Capital for more than 80 years, helping consumers finance purchases from clothing to jewelry to RVs to furniture.
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Aerospace

“The Biggest Win:” New Engine Set to Lift GE’s Turboprop Business to New Heights

November 16, 2015
Textron Aviation, the world’s largest maker of business propeller planes like Beechcraft Bonanza, Baron and King Air, said today it would use a brand new advanced turboprop engine developed by GE to power its latest single-engine turboprop plane. The engine burns 20 percent less fuel and produces 10 percent more power, compared to engines in its class.
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Breakthrough

Honey, I Shrunk the Steam Turbine: We Could Drink from the Sea With This Miniaturized 3D Printed Machine

Todd Alhart
November 10, 2015
Scientists at GE Global Research (GRC) are working with the U.S. Department of Energy to develop a super efficient desalination machine that fits in the palm of the hand.
This innovative solution involves the shrinking of a steam turbine originally designed to generate electricity. It’s also the perfect example of what GE calls the GE Store, the idea that sharing ideas across businesses can quickly lead to breakthroughs.
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