GE 2003 Annual Report Download - page 21

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ge 2003 annual ≥epo≥t32
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ge inf≥ast≥uctu≥e, secu≥ity
In an uncertain world, security is paramount. Out of a $125 billion global security market, GE identified the fast-growing
segment of electronic security technology as a $29 billion, high-margin opportunity, and launched its security business with the
acquisition of Interlogix in early 2002. GE’s process of reshaping new businesses, identifying adjacent markets and adding
imaging technology from other GE businesses helped Security fast-track technologies like trace material detection and VideoIQ™
.
Security achieved $900 million of revenues in 2003 and expects annual revenues to approach $3 billion in 2005.
Looking toward amore secure world