GE 2014 Annual Report Download - page 32

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How We Use the GE Store to Win
Key Differentiators for GE
Countries with $1B+ orders
2010 18
2013 22
2014 22
Non-U.S.
infrastructure orders
2010 $47B
2013 $65B
2014 $69B
Growth market localization
GE headcount (leadership,
commercial & services)
2010 13,500+
2013 19,000+
2014 19,500+
Factories & service shops
BEST GROWTH MARKET FOOTPRINT1
Industrial segment revenues from growth markets1
2010 $27B
2013 $40B
2014 $43B
13% average annual growth rate
John Rice
Vice Chairman & CEO,
Global Growth Organization
“We are driving GE’s global growth by leveraging our global scale,
building local capabilities & providing company-to-country
infrastructure solutions.”
Bill Ruh
VP, Software Sciences & Analytics
“The Software Center of Excellence leads the intersection of the
physical & analytical & creates a new source of competitiveness.” PREDIX™: OUR SOFTWARE PLATFORM FOR THE
INDUSTRIAL INTERNET
Opened up to third-party developers in 2014
SERVICES COUNCIL
DELIVERING CUSTOMER OUTCOMES...
THE POWER OF PREDIX™
$1.4B
revenues in 2014 from
GE PredictivityTM
40+
Industrial Internet
solutions across our
businesses
3%–5%
targeted annual growth
in $/installed base
$300M–$400M
annual
investment in PredixTM
capabilities
GLOBAL GROWTH ORGANIZATION
SOFTWARE CENTER OF EXCELLENCE
20+
services
leaders
+
Safety &
Quality
+
System
Cost
Reduction
+
Uptime
+
Effi ciency
Vice Chairman Dan Heintzelman leads Services Council
across GE, combining hardware/domain expertise with
software/analytics capabilities to drive services growth
Current key initiatives: service contract optimization,
productivity, global asset strategy, fi eld engineer tools,
controls system convergence
Services revenue & margins
2012 $43B
MARGIN: 29%
2013 $45B
MARGIN: 30%
2014 $46B
MARGIN: 32%
1. GE launched the Global Growth Organization in 2010.
50+
Service
Shops
100+
Factories
12 GE 2014 FORM 10-K