GE and 125 years of changing the world
April 26, 2017 | 11:56
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Though the company was officially established in 1892 with the merger of Thomson-Houston Electric and Edison General Electric, before that, the name “General Electric” had been widely known with products that set the foundation for modern life.
In 1879, the first filament light bulb created by the founder of Edison General Electric – Thomas Alva Edison started being produced commercially. A year later, electric fans followed, considered the first product of GE. Afterwards, products after products, ranging from household appliances, vehicles to jet engines and turbines were launched, bearing the name of GE. In 2013, GE successfully developed Predix, the first operating system of the Industrial Internet, expected to process 12 terabytes in 2020.
Thanks to its innovations, for multiple times GE has been named among the “World's Most Innovative Companies” by Fast Company. This year, GE ranked 7th in the list of “World's Most Admired Companies” by Fortune. With its contributions to the global community, GE has also named among the “World’s Most Ethical Companies” by Ethisphere for 11 years.
The effort does not stop here. Founder Thomas Alva Edison still inspires more than 300,000 employees of GE in 180 countries to continue innovating. GE is investing heavily into GE Additive and GE Digital, which, using digitalisation, are creating breakthroughs in industries by increasing efficiency, reducing cost, fuel and material and emissions.
GE is also working to inspire all developers in the world through the Fastworks programme, and encourage exchange of expertise and talent among different fields and markets through the GE Store.
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What the stars mean:
★ Poor
★ ★ Promising
★★★ Good
★★★★ Very good
★★★★★ Exceptional