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No More Unplanned Downtime: GE Report Finds Industrial Internet Could Lead to "Profound Transformation" in Way Humans Work, Boost Productivity by $20 Billion

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No More Unplanned Downtime: GE Report Finds Industrial Internet Could Lead to "Profound Transformation" in Way Humans Work, Boost Productivity by $20 Billion

A gas turbine service manual can clock in at 1,000 pages, about the length of a small-type version of War & Peace. Crews often haul the tomes from one remote location to another to do maintenance work. They travel on a set timetable and lack real-time information about the condition of the turbines. "If they come too late and failure occurs, unplanned downtime can cascade across the system and affect the economy," says GE Chief Economist Marco Annunziata.

Press Release

Latest GE Software Easily Guides Operators through Work Processes to Reduce Errors, Minimize Risk and Increase Quality

October 07, 2013
Press Release

GE's New LEAPprimary Technology Reduces the Energy Consumption and Increases the Reliability of MBR Technology While Enabling Maximum Energy Generation from Wastewater

October 07, 2013
Press Release

Latest GE Software Easily Guides Operators through Work Processes to Reduce Errors, Minimize Risk and Increase Quality

October 07, 2013
Press Release

GE Capital is Sole Lender on $100 Million Credit Facility for Samuels Jewelers

October 07, 2013

NORWALK, Conn.--Monday, October 07, 2013-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $100 million senior secured credit facility for Samuels Jewelers. The proceeds will be used to refinance existing debt and to support ongoing working capital needs. GE Capital Markets served as lead arranger.


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Analyze This: The Industrial Internet by the Numbers & Outcomes

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Analyze This: The Industrial Internet by the Numbers & Outcomes

Speaking at last year's Minds and Machines conference in San Francisco, GE Chairman and CEO Jeff Immelt said that a global network connecting people, data and machines called the Industrial Internet had the potential to add $10 to $15 trillion to global GDP over the next 20 years.

GE Scientists Bring Collaboration Platform for Rapid Business Creation to MIT

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GE Scientists Bring Collaboration Platform for Rapid Business Creation to MIT

At MIT they're serious about "hacking" together ideas for innovation, invention, and new businesses. This weekend a team from GE Global Research and GE Aviation will attend hackMIT and provide students access to GE's Crowdsourcing Environment for Evolutionary Design (CEED) platform built for next-gen manufacturing.

Brave New Home: Designers See Self-Stocking Fridges and Clothes-Folding Washers in Our Future

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Brave New Home: Designers See Self-Stocking Fridges and Clothes-Folding Washers in Our Future

When the Czech-born industrial design maven Arthur N. BecVar ran appliance design at GE in the in the 1950s, he warned his team that consumers were too smart to settle for fancy styles and urged them to focus on "materials usage, energy conservation ...

Press Release

GE Software Solution Takes Discrete Manufacturing Execution to Next Level

October 03, 2013
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