It was a year of progress and relentless invention for GE, building infrastructure at scale while improving productivity and simplifying operations. We invested in the technologies that will solve the world’s pressing challenges and we look forward with optimism.
Powering Algeria
To meet a growing demand for energy, Algeria is turning to GE technology and solutions. SPE, an affiliate of Sonelgaz, the national power company for this North African country of over 38 million people, signed contracts in 2013 to deploy GE gas turbine technology at nine power plants. The project will add nearly 9 gigawatts of electricity to help Algeria satisfy power needs that have been growing by 14% per year.
We spend about $72 billion each year in our factories. Material science and analytics are transforming the way that our factories can operate. Digital tools will make us faster and more efficient. We are a leader in advanced fabrication innovations like 3D printing, to lower product cost and drive speed. Our factories are smarter, more distributed and reconfigurable.
Every 20 seconds, someone in the United States suffers a brain injury. The Head Health Initiative is a partnership between GE and the NFL to develop better technologies for the diagnosis and treatment of these injuries. The initiative includes a four-year, $40 million R&D; program to develop imaging technologies that can improve diagnosis and help doctors provide more targeted therapies.
GE is a strategic partner for Kazakhstan, where rail transportation is crucial to the country’s economic development. Working with the state-owned railroad company, Kazakhstan Temir Zholy (KTZ), we helped it build an assembly plant in Astana, Kazakhstan, that is now delivering state-of- the-art Evolution Series locomotives while also creating local job opportunities.
72
$Billion: Amount GE spends each year in our factories
The brilliant factory will change the way manufacturing works, by bringing designers, suppliers and production engineers together to design goods and virtually test production without touching materials or machines.