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GE intends to launch a new program tomorrow aimed at increasing its service revenues, which...

GE intends to launch a new program tomorrow aimed at increasing its service revenues, which reached $42B last year and tend to be more profitable. GE will unveil initiatives to help its customers use its equipment more efficiently. The drive is part of GE's efforts to improve margins, and looks like it's connected to the conglomerate's promotion of the concept of the "industrial Internet."
Comments (1)
  • fra53ine
    , contributor
    Comments (20) | Send Message
     
    Then I would expect GE's operational costs to reduce and its aftermarket services sales top line to increase. We'll see what happens in Q1, 2013 whether this is real or another ecomagination .
    28 Nov 2012, 12:41 PM Reply Like
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