GE 2015 Annual Report Download - page 74

MD&A SEGMENT OPERATIONS | ENERGY MANAGEMENT
46 GE 2015 FORM 10-K
ENERGY MANAGEMENT
BUSINESS OVERVIEW
Leader: Russell Stokes
Headquarters & Operations
x Senior Vice President, GE and President &
CEO, GE Energy Management
x 19 years of service with General Electric
x 6% of segment revenues in 2015
x 7% of industrial segment revenues
x 2% of industrial segment profit
x Headquarters: Atlanta, GA
x Serving customers in 150+ countries
x Employees: approximately 45,000
Products & Services
GE Energy Management designs and deploys industry-leading technologies that transport, convert, automate and
optimize energy to ensure safe, efficient and reliable electrical power. Combining all the resources and scale of the
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marine, mining and renewables customers, that keep our world running. Beginning in 2016, this segment will be
referred to as Energy Connections.
x Industrial Solutions ± creates advanced technologies that safely, reliably and efficiently distribute and control electricity to protect
people, property and equipment. We provide high performance software and control solutions and offer products such as circuit
breakers, relays, arresters, switchgear, panel boards and repair for the commercial, data center, healthcare, mining, renewables,
oil & gas, water and telecommunication markets.
x Grid Solutions ± a GE and Alstom joint venture, equips 90% of power utilities worldwide to bring power from the point of
generation to end consumers. With over 200 years combined experience in providing advanced energy solutions, our products and
services enable more resilient, efficient and reliable power systems. Our products and services, such as high voltage equipment,
power electronics, automation and protection equipment, software solutions, in addition to our robust projects and services
capabilities modernize the grid. We serve industries such as generation, transmission, distribution, oil & gas, telecommunication,
mining and water and our strategic partnership ventures, primarily in Mexico and China, allow us to support our customers through
various product and service offerings.
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energy infrastructure. Our product portfolio includes motors, generators, automation and control equipment and drives for energy
intensive industries such as marine, oil & gas, renewable energy, mining, rail, metals, test systems and water.
Competition & Regulation
Energy Management faces competition from businesses operating with global presence and with deep energy domain expertise. Our
products and services sold to end customers are often subject to a number of regulatory specification and performance standards
under different federal, state, foreign and energy industry standards.
46 GE 2015 FORM 10-K