IL-GE-TRANSPORTATION

(NYSE:GE) – DB Cargo – Europe’s largest rail freight company – and GE Transportation have signed an agreement to digitize 250 locomotives across Germany, U.K., France and Poland over the next five years. This marks GE Transportation’s first-ever European digital contract and a major milestone in the company’s efforts to create self-aware locomotives and digitize the entire rail operation value chain. The partnership also marks the first time non-GE locomotives have been equipped with GE digital solutions.

The deal follows a three-month pilot of GE Transportation’s RailConnect™ 360 Asset Performance Management Solution, which provided locomotive health status updates that increased efficiency and delivered a 25 percent reduction in service failures.

“Our pilot with GE Transportation delivered significant improvement in fleet availability and reduced the number of service failures – factors critical to our operations and delivering goods across the global supply chain,” said Steffen Bobsien, Senior Vice President European Asset Management & Technology for DB Cargo AG. “We look forward to extending GE’s solutions for these 250 locos – and the positive outcomes they deliver – across our fleet.”

“The digital industrial future is here and the need to turn information into insights and insights into outcomes has never been more important to our customers. With this performance-based contract for remote monitoring and diagnostics of non-GE locomotives, we are completely changing the business model,” said GE Transportation CEO Jamie Miller. “We are committed to helping engineers and rail operators, like DB Cargo, make the most of their assets by delivering game-changing productivity and efficiency gains.”

Built on the Predix Industrial Internet platform, GE’s Asset Performance Management applications give industrial businesses like DB Cargo a complete, integrated view of their equipment, helping operators make more informed decisions and improve the performance of their assets.

To learn more, visit http://www.getransportation.com .

About GE Transportation

At GE Transportation , we are in the business of realizing potential. We are a global technology leader and supplier of equipment, services and solutions to the rail, mining, marine, stationary power and drilling industries. Our innovations help customers deliver goods and services with greater speed and savings using our advanced manufacturing techniques and connected machines. Our digital solutions , which provide data-driven insights to improve efficiency, leverage Predix – GE’s cloud-based operating system for the Industrial Internet. Established more than a century ago, GE Transportation is a division of the General Electric Company that began as a pioneer in passenger and freight locomotives. That innovative spirit still drives GE Transportation today and is strengthened by our ability to serve customers more holistically through the GE Store – a global exchange of knowledge, technology and tools across all GE businesses that ultimately provides better outcomes for customers. GE Transportation is headquartered in Chicago, IL, and employs approximately 10,000 employees worldwide.

About DB Cargo

As Europe's largest rail freight operator, DB Cargo offers its customers access to one of the largest rail networks in the world. No other rail freight company has such a closely meshed network throughout all of Europe and beyond. We make transports better, more efficient and more reliable with customer-oriented and tailored solutions. Our services include Europe-wide innovative transportation and logistics solutions for block train and single car transports as well as combining rail with road haulage and ocean freight. We also offer customized industry solutions tailored to your needs for areas such as the chemicals, mineral oil, disposal, paper, metals and coal, and automotive industries. And with special environmentally friendly services, we make rail the greenest mode of transportation. Digitization of rail transport is one of our key drivers to improve efficiency and further increase service quality towards our customers.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170315005282/en/

Contact:

GE Transportation
Mailee Garcia
312 873 9161
mailee.garcia@ge.com
or
GE (Germany)
Dominik Beyer
Tel. +49 621 329 1537
dominik.beyer@ge.com
or
DB Cargo
Tatjana Luther-Engelmann
+49 69 265 33044
tatjana.luther-engelmann@deutschebahn.com

Social Media:

https://www.facebook.com/GETransportation