General Electric (GE)

General Electric (GE)

Multinational conglomerate in energy, healthcare, aviation

About General Electric (GE)

Simplify's Rating
Why General Electric (GE) is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Energy

Aerospace

Healthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Mölndals kommun, Sweden

Founded

1892

Overview

General Electric (GE) operates in multiple sectors, including energy, healthcare, and aviation, aiming to enhance efficiency, reliability, and safety through advanced technology. In the energy sector, GE focuses on renewable solutions like wind, solar, and hydro power, along with gas turbine technology to support lower carbon futures. In healthcare, the company provides advanced imaging and monitoring systems essential for patient care, including cardiac monitoring systems for COVID-19 treatment. In aviation, GE supplies high-performance engines and systems for commercial and military aircraft. Unlike many competitors, GE leverages its global reach and extensive expertise to address complex challenges across diverse markets. The company's goal is to continuously innovate and provide products and services that meet the evolving needs of its clients while investing in research and development to maintain its competitive edge.

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Simplify's Take

What believers are saying

  • Increased demand for SAF drives innovation in GE's aviation engine technology.
  • Digital twins enhance operational efficiency in GE's medical imaging equipment.
  • Offshore wind technology advancements open new opportunities for GE's energy sector.

What critics are saying

  • Competition from Siemens Gamesa and Vestas challenges GE's renewable energy market share.
  • U.S. regulatory changes may pressure GE's healthcare profit margins.
  • Geopolitical tensions could disrupt GE's supply chain and global operations.

What makes General Electric (GE) unique

  • GE's diverse sectors include energy, healthcare, and aviation, offering broad market reach.
  • Focus on renewable energy solutions positions GE as a leader in sustainable technology.
  • Advanced imaging and monitoring systems enhance GE's healthcare offerings.

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Funding

Total Funding

$686.8M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

Rigzone
Feb 29th, 2024
More US Projects Set to Receive Funding for Energy Cybersecurity Solutions

The research and development unit of General Electric Co., GE Research in Niskayuna, New York, will develop a quantum communication technique for time-sensitive coordination messages.

SecurityWeek
Feb 27th, 2024
Energy Department Invests $45 Million in 16 Projects to Improve Cybersecurity

The US government makes a $45 million investment in 16 projects to improve cybersecurity across the energy sector.

25 News Now
Feb 21st, 2024
CT scans and MRIs to become 'more efficient' with OSF-General Electric collaboration

PEORIA (25News Now) - General Electric will collaborate with OSF HealthCare to provide new, state-of-the-art equipment for CT scans and MRIs.

Yahoo Finance
Feb 14th, 2024
Why GE HealthCare Technologies (GEHC) is a Top Value Stock for the Long-Term

Why GE HealthCare Technologies (GEHC) is a top Value Stock for the long-term.

Courier Press
Feb 13th, 2024
Goldie Luecke Obituary

Goldie retired from General Electric where she had worked for 20 years.

There are no jobs for General Electric (GE) right now.

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