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Bright Light: GE’s New Light Bulb is a Bundle of Innovation

Jan 27, 2012

Replacing the incandescent light bulb is no joke. Commercialized by Thomas Edison more than a century ago, the light bulb ranks with the printing press, electricity, and penicillin as one of the great inventions that changed the world. But its huge success also became a weakness. Lighting now represents as [...]

Crowdsourcing for the Art Crowd: GE Backs Documentary Film Challenge Focused on Ideas and Innovators

Jan 26, 2012

The Global Innovation Barometer, which GE brought to Davos this week, confirmed that crowdsourcing and collaboration have become potent tools for stimulating new ideas. GE ought to know. Its $100 million healthymagination challenge, which seeks to advance early breast cancer diagnostic technology, netted over 500 ideas submitted by thousands of [...]

Talk of “Great Transformation” at Davos Echoes Innovation Barometer’s Findings

Jan 25, 2012

Despite the fresh coat of snow, the mood at the annual meeting of the World Economic Forum (WEF) in Davos has been gloomy. Europe’s sovereign debt crisis, forecasts of anemic global economic growth and geopolitical instability loom large as world leaders gather to discuss “the great transformation” afoot in the [...]

Weather or Not: Wind and Solar Farms Tackle the Vicissitudes of Weather

Jan 24, 2012

Grand Ridge, Illinois, population 550, is a small village in the Corn Belt flatlands stretching south and west of Chicago. The weather in Grand Ridge swings just outside of the American average. Winters are windy and mostly overcast, while the summer months tend to be calmer and sunnier. Sunny side [...]

Taming the Wind: Converteam Acquisition Launches GE into the $30 Billion Power Conversion Market

Jan 23, 2012

Don Quixote in his madness tilted at windmills but wind turbines also exhibit their own kind of capricious behavior. In a wind gust they spin away, churning kilowatts of electricity. But in a breeze they turn slowly, eking out a fraction of that output. If you sent such variable power [...]

GE Reports Record $200 Billion Backlog, Largest in Company History

Jan 20, 2012

General Electric reported fourth quarter financial results this morning. One number that jumped out was the staggering size of the company’s backlog: $200 billion in orders and commitments, the largest in GE history. What are some of the products in high demand? Start with GE Aviation. The world’s largest and most [...]

Thinking Outside the Lab: How Collaboration Fuels Innovation

Jan 19, 2012

Fluid partnerships and collaborations, rather than insular corporate research, are becoming the lifeblood of innovation. This trend was confirmed yesterday by the results of GE’s second annual Global Innovation Barometer. However, the barometer, which surveyed nearly 3,000 U.S. and foreign executives on innovation, also found a “partnership paradox.” While the [...]

Innovation and Growth “Inextricably Linked,” GE’s New Global Innovation Barometer Finds

Jan 18, 2012

GE released today its second annual Global Innovation Barometer, a survey of nearly 3,000 U.S. and foreign business executives on innovation. The report identified innovation as “inextricably linked” with economic growth and as the primary driver behind job creation and the rising quality of life. The study also confirmed the findings [...]

GE Invests $1 Billion in High-Tech Plants to Open U.S. Manufacturing Jobs

Jan 17, 2012

Millions of Americans go online to look for a new job. Now GE is using the same technology that forms the backbone of the Internet to open new U.S. manufacturing jobs. That technology is a massive new data center, which opened at GE’s Appliance Park in Louisville, Kentucky, last year. The [...]

Laundry Calling: Georgia Homeowners Plug Into GE’s Smart Grid

Jan 13, 2012

Logging into your iPhone and managing your home heater or washer over the Internet may still seem like a far-fetched idea, unless you live in Warner Robins, Georgia. Ten households in this southern city, perhaps best known for the nearby Robins Air Force Base, will have their homes fitted with [...]