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We invest 5-6 of revenue back into new products every year. Technology creates competitive advantage and margins. We spread ideas through our Global Research Center with six locations around the world. Our products must be both innovative and economical. I ran our healthcare business in the late '90s, and we sold three types of mr scanners; today we sell many more with differentiated customer benefits. We know how to deliver the best technology at every price point with high margins.

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Ge's high-performance locomotive improves profitability and safety at a railroad. And, our unique breadth makes ge a desirable partner. In Russia, we are investing across five business segments. We are building local capability to deliver local solutions. Ge is one of the largest multinationals in the country. Saudi women at the riyadh-based process services center will initially help saudi Aramco and ge manage their supply chains, but the facility will eventually expand to support other clients. We have a set of enterprise initiatives that capitalize on our scale and ability to spread ideas horizontally across. These initiatives are customized for infrastructure and allow us to lead in both share and margins. We invest essay more than 10 billion each year to reinforce this leadership. Ge wins with technology.

Only by investing in power generation can it sustain growth. Fortunately, africa is surrounded by some of the world's largest reserves of oil and gas. Converting "gas to power" is its infrastructure challenge. Only ge can provide complete solutions to solve its electricity problem. In Africa, we are a productivity partner. As a result, we are growing eksempel 30 annually there. Ge has a unique advantage because of our depth and breadth. Customers value our technical depth. Our products are the heart of our customers' operations.

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We plan to deliver a valuable financial performance. We are making progress. Pictured: Jacob wood, ge power water. We are the worlds, most Competitive infrastructure company, investment in infrastructure is expected to reach 60 trillion by 2030. Success requires technology, services and execution delivered at scale loyalty across a massive global footprint. With more than 100 billion in revenue and nearly 16 margins, we are the largest and most profitable infrastructure company in the world. Our goal is for infrastructure earnings to be 70 of ge's total. Countries must invest mother in infrastructure to compete and create jobs. For instance, africa has a 100 gigawatt deficit in electricity.

The recovery is slow, but there are no major headwinds. While governments are not addressing major challenges like immigration and regulatory reform, there is less disruption. And, we have the financial strength to make progress on our own. We are positive about the future. We have positioned ge to capitalize on the growth themes of the era. We are investing to lead in the new technologies that will drive efficiency for the company and our customers. We are improving our speed and lowering our cost.

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Meanwhile, europe has stabilized; while its expansion is anemic, the assignment "daily crises" have been eliminated. And, there are pockets in the region that are robust for ge like germany, the nordic region and Central Europe. We still see opportunities in emerging markets. China is one important engine of growth. China has massive financial strength, and we see its reform efforts as a positive.

Ge has a major role in helping China solve its healthcare, clean energy and transportation challenges. In the resource-rich countries, our homework prospects are bright despite a more volatile macro-situation. Ge provides the capability for these countries to industrialize through our technology and localization efforts. That is why our growth is accelerating in regions like the middle east, russia and Africa despite social and political unrest. The world is complicated. But, through the fog of the last five years, i would take the 2014 economy any day.

The combination of superior technology and strong relationships is the essence of competitiveness and allowed ge to win virtually all of the commitments at the show. Winning takes bold commitments, a dedicated team and resilience. There were at least two "moments of truth" as we invested in our new engine line-up. After the 9/11 tragedy, the commercial aviation industry was in full crisis. Instead of panicking, we increased our investment in the business and our customers. This has created trust and loyalty for ge that is unmatched.


In 2008, during the depth of the financial crisis, we substantially increased our investment in commercial engine. Because we made the right bets, we have the best products at the right time, securing decades of leadership for your Company. The desire to compete and win runs deep across the company. Ge's ability to innovate is particularly crucial in the slow-growth and volatile economy we live in today. Frequently i tell investors that if we ever see. Economy like the ones we had in the '90s, ge will have earnings upside. While we don't expect that soon, there are signs that the. Economy is getting a little better each day.

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This material retains its strength at 2200 f — 500 F higher than metal-at one-third the weight. As China faces the need to diversify its energy sources, ge is helping the country turn to natural gas for power generation. Pictured: Wang Jin, China huadian Engineering. Our wins in Dubai came primarily from three customers: Emirates, Etihad and Qatar Airways. None of us grew up at ge with them as customers. Each has emerged as a global leader in the past decade. And, we have built an excellent relationship with them based literature on solid operational performance and mutual trust.

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They are based on big bet technologies, years in the making and delivered ahead of the competition. Leading these results was the ge9X, which is the sole-source engine for the boeing 777X. This plane is 20 more fuel efficient than the one it replaced, saving airlines 11 million per airplane per year. The ge engine drives 50 of this improvement based on innovative new technology in compressors and combustors. This new engine—the largest and most fuel efficient in the world—has only 16 fan blades, down from 22 in its predecessor. This achieves efficiency and reliability for our customers. And, to further performance, it is based on a ge invention: a new material called ceramic matrix composite.

and cures the world. We are the global leader in infrastructure, developing and changing markets. The difficult part about progress is that great results take time. But, the pay-back can be huge. Last november, we received 40 billion of engine wins at the dubai air Show—in two days. These commitments were for revolutionary new products that have come to market in the past few years.

As hotel investors, you can expect us to listen, learn, adapt and change. You should expect us to get better every day, to make progress. Senior Vice President and Chief Information Officer. Rice, vice Chairman, ge, brackett. Senior Vice President and General counsel. Little, senior Vice President and Chief Technology Officer. Peters, senior Vice President, human Resources, jeffrey. Chairman of the board and Chief Executive officer.

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Home » Status Report, status Report, published periodically, is a newsletter covering research and topics in the highway safety field. New issues are published in their entirety online and are available in print via subscription. Status Report is included in our news feed. 2017 ibm annual Report, sec edgar version that includes the following exhibits: financial section of the ibm annual Report 2017; Powers of Attorney; Resolution of the ibm board of Directors authorizing execution of this report by powers of Attorney; Amendment. 1 to the Amended and Restated Deferred Compensation and Equity Award Plan; Amendment. 8 study to the ibm excess 401(k) Plus Plan; and Form of Noncompetition Agreement. Letter to shareowners, close video, making Progress, gE has stayed competitive for more than a century—not because we are perfect—but because we make progress. Progress is about getting better, being better, doing better; this is why ge people get up every day. Ge technology and people move, power, build and cure the world.


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