Disruptive forces such as the Industrial Internet, advanced manufacturing and the Global Brain represent an opportunity that our region cannot afford to miss.
GE received orders valued at $5.4 billion, including orders for its new GE9X engine, which is currently in development. Testing on the engine is scheduled to begin next year.
“The design team woke up every morning thinking about it, and went to bed every night thinking about it,” says David Joyce, chief executive of GE Aviation. “It was such a radical change in design.”
Trade policy still matters to GE — and every other U.S. company looking to win customers and orders in a global marketplace.
From time to time, I get asked why GE cares so much about free trade. GE is one of the world’s most global companies. Aren’t we so big that we can work around costly trade barriers? Isn’t our technology so competitive that we can withstand other countries’ attempts to unfairly favor their homegrown companies?The deep ocean is our planet’s last unexplored frontier. Water covers 70 percent of the Earth’s surface, but the National Oceanic and Atmospheric Administration estimates that we have seen no more than 5 percent of the seafloor.
By making the most out of the water already being used, we can protect increasingly scarce freshwater supplies.
Over 700 million people live in water-stressed areas today. By 2030, the Water Resources Group expects a 50 percent growth in global water demand, which will yield a 40 percent shortage given the expected water supply in the same time period.
The digital age will provide manufacturing insights that will save money and transform how we work across supply chains.
As manufacturing leaders and innovators converge on Detroit for the annual Big M Conference, it’s clear the digital revolution in manufacturing has taken hold. Just glancing at the title of major talks and presentations in the conference program will show just how much digital has penetrated mindsets.
- “Transforming Your Manufacturing Business for the New Digital Age”