GE 2002 Annual Report Download - page 38
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Please find page 38 of the 2002 GE annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.GE 2002 ANNUAL REPORT 37
providing doctors with more critical information —
faster than ever — to aid in the care of their patients.
GE advances in healthcare information technology are
fundamentally changing the way medicine is prac-
ticed, enabling unprecedented integration among the
devices and clinical systems in hospitals and other
medical care facilities that will usher in a new era in
clinical workflow, physician confidence and patient
outcomes. Service offerings are vital to hospital com-
petitiveness, and Medical Systems provides a unique
portfolio of services to help hospitals improve their
productivity, asset utilization and efficiency. With the
combination of technology and service offerings,
Medical Systems continues to grow as a total solu-
tions provider to the healthcare industry.
www.gemedical.com
NBC
CHAIRMAN AND CEO: Robert C. Wright
2002 REVENUES: $7.1 billion
NBC plans to continue the double-digit growth trajectory
it achieved in 2002, the best year in its history, through
organic growth, continued ratings leadership and
the expansion of new programming platforms, including
Telemundo and entertainment cable network Bravo,
both of which NBC acquired in 2002.NBC expects to
maintain its significant competitive advantage in the
key demographic for advertisers (adults 18 - 4 9 ) through
quality entertainment programming such as ER,Friends,
Law & Order,The West Wing and Will & Grace, and
leading morning and late-night shows such as Tod ay
and The Tonight Show with Jay Leno.NBC’s cable prop-
erties should see significant growth largely through
sales and programming initiatives at CNBC and MSNBC.
NBC’s 28 television stations see great opportunities
to outpace the growth in local markets by continuing to
find new sources of business, centralizing and digitizing
functions, and maximizing the synergies created in
the six major markets in which the network owns both
NBC and Telemundo stations.
www.nbc.com
Plastics
PRESIDENT AND CEO: John Krenicki, Jr.
2002 REVENUES: $5.2 billion
In 2003,GE Plastics will celebrate the 50th anniversary
of the invention of its LEXAN®polycarbonate resin by
completing the introduction of more new products
in a three-year span than at any other point in its history.
This unprecedented focus on new technology acceler-
ated in 2002 with the development of LEXAN®EXL
and NORYL PPX®resins for a variety of applications.
In 2002, Plastics’ breakthroughs excited the consumer
goods industry, where XYLEX™resin was chosen for
a new line of stain-resistant food containers and new
LEXAN resin technology was used in a limited-play
DVD being evaluated for introduction in 2003. In the
computer industry, new plastic film technology will
soon bring increased screen brightness and better
viewing to laptop users worldwide. Consumers will
also see Plastics’ LEXAN®SLX resin in paint-free, high-
gloss automotive exteriors and its new GELOY®XTW
resin in highly weatherable, colorful exterior home
siding this year.
www.geplastics.com
Power Systems
PRESIDENT AND CEO: John G. Rice
2002 REVENUES: $22.9 billion
Power Systems will face exciting challenges in 2003.
Shipments of large gas turbines in the U.S. will decline
after four years of record demand, but Power Systems
has positioned itself and investors for a soft landing
by expanding other businesses — services, oil and
gas, distributed generation and wind energy — that
will generate new growth in current and previously
untapped markets.
Today, Power Systems has an enormous installed
base of more than 1,500 advanced gas turbines,
and multi-year service agreements that should deliver
almost $2 billion in revenues in 2003 alone. Oil &Gas
will introduce new upgrade technologies to increase