Brazilian-American Capital and Investment Exchange Analysis
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V. GENERAL ELECTRIC
Sector
Many, focusing on technology,
research and innovation
Start of operations in Brazil
1919
Presence in Brazil
São Paulo and Rio de Janeiro
Gε
by EMC² in the country, and was supported by the Brazilian
Ministry of Science, Technology and Innovation within the
scope of its Greater IT program to encourage multinational
companies to set up research centers in the country.
The Center was originally focused on Big Data research for the
oil and gas sector, but in less than a year it expanded its reach
to other industrial sectors, including telecommunications,
finance, security and electricity. The Center has so far filed
more than 10 patents.
The Brazilian's Research Center's participation in EMC²'s
global innovation
In March 2015, EMC² Corporation (NYSE: EMC) announced
the launch of its Federation Business Data Lake. This
completely innovative solution encompasses leading Big
Data storage and analytical logic technologies created by
EMC Information Infrastructure, Pivotal and VMware to help
clients enjoy the new world of big data, thereby paving the
way for new ideas and revolutionary transformation. The
team at the EMC² Big Data R&D Center in Rio de Janeiro
played a major role in developing this solution. The Center is
working on major Big Data-based projects for various sectors
of industry, including the creation of so-called Smart Cities.
This latter initiative is being developed in collaboration with
the city and state governments of Rio de Janeiro. These
activities conducted by the EMC² R&D Center are setting the
benchmark for global innovation.
The company
For more than 130 years, GE has been putting people's
imagination into practice in the pursuit of solutions for
the challenges faced by the world. It is now positioned as
a technology, service and finance company dedicated to
developing solutions in the areas of energy, water, health,
transport and infrastructure, present in over 160 countries
and generating employment for more than 305,000 people
around the world.
Within Latin America, GE's operations began in Mexico in
1896. The company now has 22,900 employees in 47 offices
and 88 industrial plants in 18 Latin American countries. The
regional base for these operations is located in the city of São
Paulo. Latin America is one of the regions where GE is growing
most quickly, and a key element of its global growth strategy.
GE contributes in many ways to eliminate infrastructure
bottlenecks experienced by Latin America countries, bringing its
global technologies to the region, developing solutions locally
and expanding its operations by acquiring local companies.
The companies acquired by GE in 2013 include Omnimed,
focused on the Brazilian health sector, American oil and gas
companies Lufkin and Salof Refrigeration Inc., and Italian
aviation firm Avio. Through these acquisitions, GE absorbed
644 Latin American employees in Brazil, Argentina, Colombia,
Venezuela and Mexico.
GE in Brazil
GE started its activities in Brazil in 1919, as one of the first
multinational companies to set up in the country. Over the
last 93 years, GE has diversified its operations, focusing on
technology, research and innovation. The company now
manufactures locomotives, water treatment and reuse
equipment and solutions, and medical equipment in Brazil.
It also develops power generation solutions, solutions for
the oil and gas industry, aviation equipment and services,
lighting solutions, and financial services. With around 8,800
employees, 14 industrial and service facilities and a Global
Research Center in Brazil, the country is GE's largest market in
Latin America and its third biggest in the world.
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