4 Visions of Innovation

The 4th Industrial Revolution is study in contrasts, as the GE Global Innovation Barometer illustrates. Optimism about the power of innovation to address some of society’s greatest challenges, mixed with fear of “Digital Darwinism” and becoming obsolete. A growing recognition of collaboration as a competitive advantage, combined with the empowerment of individuals who have access to an increasing array of digital tools. For a glimpse of how these trends are shaping the future of work and the global competitive landscape, we’ve asked several thought leaders to share their outlook on the digital revolution — and animators to bring those visions […]

Jay Rogers: Why Collaboration Is Critical in Today’s Economy, But Not a Panacea

Collaboration is becoming an increasingly powerful innovation tool, but it’s important to harness its power for good. Here’s how.   Never before in history has knowledge been able to have so much power. The primary reason is that the world is more connected than ever before, but it goes further than that. In an increasingly networked world, the ability to reach across disciplines, time and space and to work together is rapidly accelerating. Naturally, the pace of discovery has picked up. With every change in communication pathways over time, collaboration has benefitted. Today is a particularly exciting time because the […]

Klaus Schwab: The 4th Industrial Revolution: What It Means, How to Respond

As the lines blur between the physical and digital, we need to ensure the technological revolution has a positive impact on society.   We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another. In its scale, scope and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to […]

From Appliances To Apps: GE To Sell Its Appliances Business To Haier For $5.4 Billion

GE said this morning it would sell its Appliances business to Haier for $5.4 billion. The company will also enter into a strategic partnership with the Asian white goods manufacturer to work on projects involving the industrial Internet, healthcare and advanced manufacturing. “We are proud of Appliances’ history and performance,” said Jeff Immelt, GE chairman and CEO. “GE Appliances is performing well and there was significant interest from potential buyers, helping drive a good deal which will benefit our investors, customers and employees.” GE started making electrical household appliances more than a century ago. The business evolved and grew in […]

The Connector: Meet Joe Salvo, the Man from Digital Future

When Joe Salvo bought his house in Schenectady, NY, in 1986 he purchased a piece of history. GE built it in 1905, not long after Thomas Edison and his compatriots opened the company’s labs and moved manufacturing plants to the city. It was intended to be the model electric home of the future: light bulbs in every room, sewing machines, a toaster, an electric stove and an electric water heater. Now that the future is here, Salvo is hardly ever home. As GE’s director of the Industrial Internet Consortium (ICC) – a not-for-profit group seeking to bridge the physical and […]

Dr. Tom Frieden: Protecting the World from the Next Pandemic

It wasn’t just luck that the Ebola epidemic didn’t spread once it reached Lagos. Here’s what other countries can learn from Nigeria’s effective response.   A horror never before seen unfolded in late spring and summer 2014: the first urban Ebola epidemic in human history. As Ebola spread through the densely populated urban center of Monrovia, Liberia, cases overwhelmed the country’s fragile health infrastructure. Hospitals and Ebola treatment units overflowed with sick and suffering patients; television crews filmed people dying in the streets. The situation threatened to get worse rapidly — and much, much bigger. On July 20, 2014, a sick […]

GE and BHP Billiton announce global partnership to improve efficiency and reduce emissions in the mining sector

AUSTRALIA – Thursday 29 October 2015 – GE and BHP Billiton today announced a new partnership that will see the two companies work together to identify innovative solutions to meet growing global demand for resources including oil and gas, copper, iron ore and coal, while lowering greenhouse gas emissions.

GE Lighting Unveils Connected Lighting Designed for Sleep Cycles Via Its First E-Commerce Business

EAST CLEVELAND, Ohio (October 29, 2015)—Today’s smart home market is anything but simple—it’s very fragmented with no clear platform winner. GE wants to make it easy for consumers to use smart LED lighting, while ensuring interoperability and a positive user experience. GE today announced its first connected LEDs designed for sleep and everyday illumination—called C by GE—that can be controlled without using a smart hub.