Guillermo Wille29th October 2009

GE Technology

Economics of scarcity…

2GE Global Research

This is GE

Operating in 100+ countries

300,000+ employees

$183B revenue in ’08

Manufacturing facilities in

30+ countries

Broad Portfolio

Media

GE Capital

Energy Infrastructure

NBC Universal

Technology Infrastructure

Consumer & Industrial

3GE Global Research

Global trends and challenges …..

Population

Security

Driving today’s and tomorrow’s decisions

Environment

Heightened concerns

Higher electricity demand, water scarcity, lack of accessible & affordable healthcare

4GE Global Research

Global trends

Global growth

Oil prices

Water scarcity

*Source: Goldman Sachs

Oil Source: NYMEX Future Prices April 15, 2008

GDP

$B 2000 2050*

US $10B $35B

China $1B $44B

India $.5B $28B

China 44x

U.S. 4xIndia 60x

China 44x

U.S. 4xIndia 60x

203040% scarcity

2005 10% scarcity

Impacts 2B

people

Impacts 2B

people

2008>$60/bbl

1999 $12.50/bbl

5x… volatility continue

s

5x… volatility continue

s

Regulations

TomorrowChinaIndia

Today USEUJapanIncreasin

g measures

, countries

Increasing

measures,

countries

Technology is the answer

5GE Global Research

Healthcare trends

Aging populations

Developing markets

Treatment costs

U.S. Population65+

200035 million

2035 72 million

20% by 2035

20% by 2035

Early detection

critical

Early detection

critical

China

India

S. America

…and more

Rural & low-cost

needs

Rural & low-cost

needs

Breast cancer

Early stage $10-15K

Late stage$60-145K

Technology is the answer

6GE Global Research

What it means for GE?FROM TO

ScarcityAbundant & cleaner

sources, Smart GridEnergy, Oil & Gas, Water

Steady progressBreakthroughs in efficiency,

emissions & noiseAviation & Transportation

CommoditiesStep-change in efficiency, cost &

performance, Smart appliances

Appliances, Lighting,

Industrial, Sensing

Healthcare See and treatPredict, diagnose, treat,

monitor & inform

… all require innovation

7GE Global Research

Globally distributed innovation

Global Research CenterSchenectady, USA

China Technology CenterShanghai, China

John F. Welch Technology CenterBangalore, India

Global Research – EuropeMunich, Germany

34,000 GE technologists worldwide

GE technology spend: ~$6B

8GE Company Proprietary

Innovation is in our DNA

Long history of

innovation - 70,000

patents to date

Filed over 2200

patents in 2008

Innovation

PhysicistsElectrical

Engs

Biologists

Mathematicians

MaterialScientists

ComputerScientists

Chemists

Sustainable Energy

AdvancedPropulsion

Chem/bioDetection

MechanicalEngs

MolecularImaging

Biomimetics

Nanotechnology

Innovation occurs at the intersection of disciplines

9GE Company Proprietary

Imageprocessing

Eddy current

DigitalX-ray

Phased arrayultrasound

Aviation Energy Water Oil & Gas

Opticalmetrology

Thermography

Healthcare Security

Leveraging innovation across GE

imaging & analysis

10GE Company Proprietary

What is GE focusing on?

Ecomagination

Healthymagination

Partnerships

11GE Company Proprietary

Double our research investment

Introduce more ecomagination products

Reduce greenhouse gas emissions

Make customers true partners

Keep the public informed

12GE Company Proprietary

Locomotives

Trip optimization control

Unique GE battery chemistry

NOx and CO2 reduction

Higher fuel efficiency

13GE Company Proprietary

Green energy solutions

Fuel Flex capability

Bio-methenation

Waste gasification

Blast furnace gas

Wood Pyrolysis

14GE Company Proprietary

GE Water & Process Technologies

Technology

Systems

Solutions

Water Process Chemicals

ServicesSeparation

Sensors Instruments

Drinking Water Waste Water

Utility Water Ultra Pure Water Containerized

Infrastructure Projects

Industrial WasteWater Treatment

Waste-to-EnergyHybrid Desalination

Desalination

15GE Company Proprietary

Launch 100+ product innovations at lower cost

Increase access and improve quality of care

Better employee health through “Healthy Worksite”

16GE Company Proprietary

Innovation

Portable “at bedside”

ultrasound with exceptional

image quality

System of choice for

needle-guidance and quick

diagnostics

Lower cost than current

compact ultrasound

17GE Company Proprietary

Accessibility

Ultra portable ECG 100 ECGs per battery charge

Lightweight (1.2kg)

One touch operation Easy diagnosis

Lullaby infant warmer

Reduce infant mortality

Accessible / Lower cost

18GE Company Proprietary

Governments

Connecting with the world’s technology

UniversitiesCustomers Other Companies

State of Bavaria

19GE Company Proprietary

Partnership approach with MubadalaWe are creating a carbon-neutral future with Masdar City

Zero waste

Carbon neutral

Car-free

Renewable energy Research center University

Strong, existing relationship

Emerging market

Diversified needs

Mutual interest in clean technology

Increased access to region

The road ahead…..

Affordable clean Energy, Water & Healthcare for all

20GE Company Proprietary

Reverse Innovation

Innovative solution delivery mechanisms

Solutions v/s products

Partnering with Govt. communities and academia

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