Strange Cargo: How Do You Move An 8 Million-Pound Heat-Recovery Steam Generator Down The Hudson? Swimmingly.
By Amy Kover – The journey — the first of its kind for such a machine — began in 2015, when the New Jersey-based power company PSEG ordered GE’s latest HA-class gas turbine and other equipment for a new combined-cycle power plant in Sewaren, an industrial town tucked away behind New York City’s Staten Island.
The machines included a heat-recovery steam generator, or HRSG in power-industry parlance. It recovers waste heat from the gas turbine and turns it into steam that powers a steam turbine to generate more electricity, making the power station more efficient.
GE typically arranges to have all the parts delivered to the power plant for on-site construction. However, as the project began to unfold, it became clear that building the steam generator, which is much larger than the turbines, in New Jersey was going to be a challenge. The site happens to be located in one of the country’s most densely developed areas.
To overcome this challenge, PSEG decided to build the 4,000-ton HRSG in upstate New York and ship it to New Jersey in one piece. GE worked closely with PSEG and construction firm Megrant to crack this logistical riddle. more> https://goo.gl/u8Y2mi
Posted in Business, Economic development, Economy, Energy & emissions, Nature, Product, Technology
Tagged Business improvement, GE, Industrial economy, Power plant, Transportation, Turbine
#Ciena25: The Story Behind the Founding of Ciena
By Bruce Watson – The company that would eventually become Ciena began its life as an inspiration inside the head of David Huber. The former General Instruments engineer had an idea for how to help cable companies squeeze more television channels through their lines to end consumers. In 1992, he set out to turn those ideas into a reality, and on November 8, 1992, the paperwork was officially filed in Delaware for the new company.
Huber immediately began searching for venture capital funding. In late 1993, Huber was introduced to Pat Nettles, a veteran leader of several telecom companies. By early 1994, Nettles was brought on-board to run the business side of things and was soon the company’s first CEO (though owning a doctorate in particle physics, Nettles was no stranger to the technology side of things himself).
Nettles quickly convinced Huber that it was the long-distance phone companies, not the cable TV industry, that would be the best target for Huber’s invention.
The introduction between the two was orchestrated by Jon Bayless, a venture capitalist who’s firm Sevin Rosen Funds provided $3 million in start-up funding for the business in February 1994. more> https://goo.gl/ZdVzLE
Posted in Broadband, Business, Communication industry, Economic development, Economy, History, Net, Product, Technology, Telecom industry
Tagged Broadband, Ciena, Fiber optics, Internet, Manufacturing, Net evolution, Technology
How I Remade GE
By Jeffrey R. Immelt – I led a team of 300,000 people for 6,000 days. I led through recessions, bubbles, and geopolitical risk. I saw at least three “black swan” events. New competitors emerged, business models changed, and we ushered in an entirely new way to invest. But we didn’t just persevere; we transformed the company. GE is well positioned to win in the future.
The changes that took in the world from 2001, when I assumed the company’s leadership, to 2017 are too numerous to mention. The task of the CEO has never been as difficult as it is today. In that vein, my story is one of progress versus perfection. The outcomes of my decisions will play out over decades, but we never feared taking big steps to create long-term value.
For the past 16 years GE has been undergoing the most consequential makeover in its history. We were a classic conglomerate. Now people are calling us a 125-year-old start-up—we’re a digital industrial company that’s defining the future of the internet of things. Change is in our DNA: We compete in today’s world to solve tomorrow’s challenges. We have endured because we have the determination to shape our own future. Although we’re still on the journey, we’ve made great strides in revamping our strategy, portfolio, global footprint, workforce, and culture. more> https://goo.gl/L9nX1b
Posted in Broadband, Business, Economy, Energy & emissions, History, Leadership, Product, Technology
Tagged Change management, culture, GE, Manufacturing, Technology, transformation
Sea Change: GE’s French Wind Turbine Factory Will Power Germany’s Renewables Revolution
By Tomas Kellner – GE is a relative newcomer to offshore wind. The company explored the field a decade ago and returned to the industry in 2015, when it acquired the energy assets of Alstom, and built its first wind farm in Long Island Sound near Block Island, Rhode Island, last year. As the inaugural offshore wind farm in the United States, the project made a splash even though it holds just five turbines. But Merkur, which will have 66 turbines, is a much bigger beast. “This one is special,” says Pascal Girault, who runs the Saint-Nazaire plant. “Everything is big.”
Girault spent the early part of his career managing supply chains for the car industry, but ramping up production for Merkur is no Sunday drive. Workers in Saint-Nazaire make generators and assemble nacelles for the 6-megawatt GE Haliade turbine. The nacelle is the casing on top of the tower that shelters the generator and other equipment. It includes some 30,000 components.
Adding to the task’s complexity, the composite blades for the machines’ 150-meter-diameter rotors come from GE’s LM Wind Power factory in Spain. The steel segments for the tower are being made in Germany and China. U.S. and European companies supply electronics and mechanical components for the converter and generator. “The scale and the speed of the project are challenging,” Girault says. more> https://goo.gl/GSScqV
Posted in Construction, EARTH WATCH, Economic development, Economy, Energy, Nature, Product, Technology
Tagged Business improvement, GE, Industrial economy, Manufacturing, Technology, Wind turbine
By Paulina Gomez – In today’s world of ever-increasing security threats and breaches, encryption is a common technique used to protect critical information from getting into the wrong hands. In cryptography, encryption is the process of encoding a plaintext message in such a way that only authorized parties can access it. The result of this process is encrypted information, also known as ciphertext. But how is this done exactly? The plaintext message is transformed using an algorithm (or cipher) to make it unreadable to anyone except those possessing special knowledge, which is referred to as the key.
Today’s state-of-art secure communications use advanced mathematics to protect in-flight data leveraging highly secure algorithms, such as in Ciena’s WaveLogic Encryption solution. Even though many cryptographic algorithms used today are publicly available, such as the popular Advanced Encryption Standard (AES), they are very difficult to crack in a reasonable amount of time given the computational power of today’s computers. In fact, the keys used in modern cryptography are so large that breaking the AES-256 standard would require “fifty supercomputers that could check a billion billion (1018) AES keys per second [and] would, in theory, require about 3×1051 years.”
The field of Quantum Cryptography is an area of security research and development focused on the introduction of new technologies that will offer more resistance to the computing power of quantum computers. Quantum cryptography draws its strength from the unpredictable nature of photons – the smallest particles in the universe. more> https://goo.gl/FTh77p
Posted in Business, Communication industry, Economy, Education, Nature, Net, Product, Science, Technology, Telecom industry
Tagged Broadband, Cryptography, Internet, Physics, Quantum Computing, Technology
CEO Transition: How Jeff Immelt Reinvented GE
By Dorothy Pomerantz & Matthew Van Dusen – It started with a simple conversation in 2009. GE Chairman and CEO Jeff Immelt was at the company’s Global Research headquarters in Niskayuna, New York, chatting with scientists about embedding sensors in jet engines. When jet engines run, they don’t only power planes — they generate trillions of bytes of data that can provide an enormously valuable window into their inner workings. The insights could allow GE to optimize the machines’ operations and even lead to better engines in the future. But what was the company doing with that data?
Soon after that fateful conversation, Immelt set GE on a path to becoming a new kind of enterprise: a digital industrial company that could unlock productivity from connected machines.
The company Immelt is handing over to his successor, John Flannery, is greatly changed from the one he inherited. Immelt transformed the company by spinning off its real estate, financial services and media divisions, including its stake in NBCUniversal, for tens of billions of dollars.
The moves stabilized GE after the 2008 financial crisis. Immelt then strengthened the core of GE by focusing on power infrastructure, buying the energy assets of the leading power company Alstom in 2015 and merging GE Oil & Gas with Baker Hughes in 2016 to create the world’s largest energy services business. “His enduring legacy is the portfolio transformation,” John Rice says.
Under Immelt, GE also took stands on issues that were important to customers. The company’s Ecomagination initiative helped moved the environment to the top of the corporate agenda. more> https://goo.gl/kdzfHM
Posted in Broadband, Business, Construction, Economic development, Economy, Education, Energy & emissions, Healthcare, History, Leadership, Net, Product, Science, Technology, Transportation
Tagged CEO transition, connected machines, Energy, GE, optimization, Productivity
By Dave Opsahl – Thanks to their tools, manufacturers have been able to create fully annotated 3D models that include all of the product manufacturing information (PMI) necessary to define, manufacture and control a product.
However, it’s no longer enough to enable engineers to create a single master model. People need an efficient way to share that information downstream of engineering and have it be easily consumed by a wide range of audiences for a host of different uses — such as the machinists who are making the product, the suppliers who want to bid on supporting it, the technicians who will be servicing it, and so on.
Simply put: if you’re an engineering software vendor, making product information available for consumption outside of your application is now a critical part of your application’s value proposition —and it’s where customers will be won and lost. more> https://goo.gl/b56KzQ
Posted in Broadband, Business, Construction, Economy, Education, Net, Product, Technology
Tagged MBD, MBE, Model-Based Definition, Model-Based Enterprise, PMI, product manufacturing information
By Serena Fox – Imagine wearing the same shoes every day of your life. “For my sister, her wheelchair is an extension of her body,” says designer Ailbhe Keane. “Dressing her wheels is like putting on a new pair of boots.”
That’s the idea behind Izzy Wheels, an Irish company that aims to transform the wheelchair from a medical device into a form of artistic self-expression. Founded by Ailbhe and her sister Isabel Keane, the online shop sells colorful, easily interchanged wheelchair spoke guards that feature designs by illustrators and artists from around the world.
Their tagline, “If you can’t stand up, stand out!” was inspired by Isabel, who was born with spina bifida and is paralyzed from her waist down. Growing up, she was frustrated by how little was available to personalize her chair. “I don’t want my chair to look like it was made in a hospital, I want it to look like a piece of fashion,” says Isabel, who today serves as brand ambassador and spokesperson (no pun intended) for the company that bears her name. more> https://goo.gl/URbUKg
Posted in Broadband, Business, Economic development, Education, How to, Net, Product
Tagged Adobe, Brand, Design, Empower, Fashion, Skills, Wheelchair
In Our Own Image: Savior or Destroyer? The History and Future of Artificial Intelligence, Author: George Zarkadakis.
By George Zarkadakis – Mainstream economics is built on the premise that the economy is a machine-like system operating at equilibrium. According to this idea, individual actors – such as companies, government departments and consumers – behave in a rational way.
Ever since the invention of the assembly line, corporations have been like medieval cities: building walls around themselves and then trading with other ‘cities’ and consumers.
The so-called ‘gig economy’ is only the beginning of a profound economic, social and political transformation. For the moment, these new ways of working are still controlled by old-style businesses models – platforms that essentially sell ‘trust’ via reviews and verification, or by plugging into existing financial and legal systems.
Blockchain technologies promise to replace these trusted third parties with a huge digital record book, spreading out organically across a network of computers that grows and changes but can’t be meddled with.
By getting rid of middlemen, they’re likely to radically reduce transaction costs, and accelerate the mixing of many different actors in the new economy who have been freed from the grip of leaders or institutions. more> https://goo.gl/Gs6f4B
Posted in Banking, Book review, Broadband, Business, Economic development, Economy, Education, History, Leadership, Media, Net, Product, Regulations, Technology
Tagged Automation, Blockchain, Economics, Gig Economy, Inequality
By Yari M. Bovalino & Tomas Kellner – Frank Herzog was still in elementary school in the historic Bavarian city of Bamberg when he fell in love — with metals. So ardent was his passion that he later quit high school to pursue it. “I was young when I realized that I loved the material,” he says.
More than three decades later, Herzog’s fascination with shiny objects continues. He is the founder and CEO of Concept Laser, a pioneering maker of 3D printing machines, including the world’s largest industrial printer for metals. His machines can print delicate jewelry and dental implants as well as massive engine blocks for trucks.
Last fall, GE acquired a majority stake in Herzog’s company, and Concept Laser is now part of GE Additive, a new GE business dedicated to supplying 3D printers, materials and engineering consulting services.
Herzog, 45, grew up in a state that’s obsessed with engineering. Mechanical engineers alone account for 17 percent of Bavaria’s workforce. more> https://goo.gl/uS55hn