GE 2013 Annual Report Download - page 28

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DYNAMIC TOOLS
FOR FAST GROWTH
What happens when we combine a Silicon
Valley startup mindset with Lean Six Sigma?
The answer is FastWorks—a set of tools and
processes to develop new products quickly,
achieve better outcomes for our customers,
and drive quality and competitive advantage.
FastWorks was behind our co-creation with
Chevron and Los Alamos National Laboratory
of a new solution for fl ow metering in multi-
phase oil wells. In less than a year, we went
from a problem statement to prototypes, and
we now have an alliance with Chevron to
commercialize the resulting product. Known
as the GE Safi re™ ow meter, it will extend the
benefi ts of better reservoir management to
the entire oil and gas industry.
FASTWORKS
26 GE 2013 ANNUAL REPORT