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General Electric Case Study Solution

History of General Electric:General Electric Case Study Solution

General Electric Company operates as an infrastructure and financial services company worldwide. The company Power and Water segment offers gas, steam and aero derivative turbines, generators, combined cycle systems, controls, and related services; wind turbines and solar technology; and water treatment services and equipment. It’s Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turbo expanders, reactors, industrial power generation, and auxiliary equipment. The company’s Energy Management segments offers electrical distribution and control products, lighting and power panels, switchgears, and circuit breakers; engineering, inspection, mechanical, and emergency services; motors, drives, and control technologies; and plant automation, hardware, software, and embedded computing systems. Its Aviation segment offers jet engines, turboprop and turbo shaft engines, related replacement parts, and aerospace systems and equipment for military and commercial aircrafts; and maintenance, component repair, and overhaul services. The company’s Healthcare segment provides medical imaging and information technologies, medical diagnostics, and patient monitoring systems; and disease research, drug discovery, and remote diagnostic and repair services. Its Transportation segment offers freight and passenger locomotives, diesel engines for rail, marine and stationary power applications; railway signaling and communications systems; underground mining equipment; motorized drive systems; energy storage systems; and information technology solutions. Its Home and Business Solutions segment manufactures home appliances and lighting products. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, home loans, credit cards, personal loans, and other financial services. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

From Inspiration to Industry (1878 to 1904):

From the invention of the first practical incandescent light bulb to building America’s first Central Power Station, the GE tradition of life-changing innovations was underway. With power and light, GE provided the basis of modern life, quickly redefining everything from the length of the day to our knowledge of the human body through the development of the first X-ray machine

Historic Advancements (1905 t0 1980):

GE made history with the first voice radio broadcast, changing forever the speed of shared information. Meanwhile, GE’s spirit of invention produced the first of many modern conveniences with the first electric toaster and the first Hotpoint electric range. At the same time, work on vacuum tubes enabled the beginning of electronics, while work on resins brought us plastics in a wide variety of new forms.

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