This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GE Capital Receives Two Prestigious CIO 100 Awards From CIO Magazine

IDG’s CIO magazine announced that GE Capital (NYSE:GE) received two notable CIO 100 awards for its innovative programs and solutions that help customers across the globe achieve their business goals in 2014.

The 27th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT). GE Capital, which provides the know-how of GE to help customers grow, was recognized for two innovative IT projects—one using big data and analytics to improve commercial fleet management and the other introducing new technologies to drive consumer adoption of mobile payments.

Fleet Optimizer for Commercial Customers in the U.S.

Based in Eden Prairie, MN, GE Capital’s Fleet Services business provides commercial car and truck financing and fleet management services. Fleet Optimizer—a software application that combines predictive analytics, geospatial visualization and an enhanced user experience—helps optimize spending and utilization for vehicle fleets. Fleet managers will be able to mine historical data and forecast future costs such as those related to fuel and maintenance. From there, they can drill down to perform “what if” analyses to model alternative outcomes. By easily identifying potential problem areas before they occur as well as potential cost savings and performance-improvement opportunities, fleet managers can take actions that may improve the return on investment of their fleets.

“Our business customers increasingly want better analytical data to help them make more informed decisions, identify growth opportunities and optimize their assets. By bringing together our core big data and advanced analytics capabilities, we’re helping customers transform that data into a competitive advantage,” said Sigal Zarmi, CIO, GE Capital, Americas.

Payment Innovation Program for Consumers in the Czech Republic

GE Capital’s Payment Innovation Program, launched in the Czech Republic, introduced a series of mobile payment methods to consumers in that market, providing a more convenient way for them to conduct daily financial transactions, including Contactless Cards (no PIN required) and Payment Stickers (attachable by glue or keychain to a mobile phone). This new payment program not only offered these customers convenience, choice and flexibility to manage their financial transactions with the method of their preference, but also, through improved security, it lowered the amount of fraud losses for the company. GE Capital is the only commercial organization to currently offer all contact-less payment options to the Czech market.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,552.66 +112.07 0.64%
S&P 500 2,081.33 +13.69 0.66%
NASDAQ 5,057.2420 +17.4660 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs