General Electric Company

General Electric Company is a multinational conglomerate corporation operating in the high-tech industrial sector and headquartered in Boston, Massachusetts. Incorporated in 1892, it is one of the largest and most well-known conglomerates of its kind, operating in a broad range of business areas and key markets all over the world including Europe, China, Asia, the Americas, the Middle East, and Africa.

The company is organized in four main business segments: Power, Renewable Energy, Aviation, and Healthcare. The Power segment mainly deals with gas and steam turbines and data-leveraging software for power generation, industrial, government and other customers. The Renewables segment offers a wide range of solutions to customers, from onshore and offshore wind, blade manufacturing and grid solutions to digital services. The Aviation segment is primarily focused on commercial and military aircraft engines and integrated engine components, and provides aftermarket services. The Healthcare segment provides healthcare technologies for developed and emerging markets, ranging from medical imaging and patient monitoring, diagnostics, and drug discovery to performance improvement solutions.

General Electric also provide various financial solutions and engages in the management of run-off insurance operations. On top of that, the company is committed to sustainability initiatives and renewable energy solutions including wind, solar, and hydropower. In that pursuit, General Electric has been consistently ranked among the top 5 renewable energy companies by Fortune Magazine. In addition to its focus in clean energy, GE is also involved in a variety of initiatives designed to foster a culture of innovation and build a better future. It has invested over $1 billion in research and development in 2018 alone, and has partnered with leading universities and research facilities around the world to develop new technologies in areas such as renewable energy, robotics, and healthcare. The company has also been awarded numerous honors for its commitment to sustainability, including the first-ever sustainability “triple crown” given by the World Economic Forum.