In order to resolve the growing power concerns,
) recently developed a new Critical Power business to support
power requirements of the global mission-critical industries.
This new business will provide uninterrupted power supply for
industries that require reliable supplies of electricity,
including data centers, telecommunications facilities, hospitals,
mission-critical facilities and financial markets.
The main focus of GE's Critical Power business is to help the
mission-critical industries reduce energy consumption, thereby
lowering the operating costs of critical power equipments. There
has been an increase in demand for high availability and energy
efficiency in both new and existing data centers.
To meet this growing demand, the solutions offered by the
Critical Power business are expected to deliver and optimize
electrical power for customers across multiple industries. GE's
Critical Power business includes power-switching products, UPS
technology, DC energy systems and embedded power supplies such as
board-mounted power and front-end rectifiers.
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Additionally, GE's Critical Power provides customers with
financial support opportunity, which will include financial lease
programs and terms to support equipment upgrades. The customers
can implement the latest technologies, products and services at
affordable prices in order to achieve more efficient power.
General Electric is one of the most diversified technology and
financial service corporations in the world, competing with
industry big wigs such as
Macquarie Infrastructure Company LLC
). Its segments include Power & Water, Oil & Gas, Energy
Management, Aviation, Healthcare, Transportation, Home &
Business Solutions and GE Capital. GE's Critical Power business
provides mission-critical applications with end-to-end power
product and service solutions.
General Electric currently has a Zacks Rank #3 (Hold). One of its
Tyco International Ltd
) carries a Zacks Rank #2 ( Buy).