Back to top

Analyst Blog

In a marriage of equals, General Electric Company (GE - Analyst Report) and Accenture plc (ACN - Analyst Report) will be developing advanced applications to help companies across industries leverage industrial strength big data that is generated through their business operations. The strategic alliance between the two companies extends their relationship that was formed in 2012 with the formation of the Taleris joint venture.
In an attempt to boost efficiency and productivity, the two companies will jointly develop and market new technology services and pre-packaged solutions. The offerings include cloud-based, intelligent analytics solutions for monitoring the performance of machines, infrastructure and business processes. This helps in reducing operational downtimes and at the same time achieves supply-chain efficiencies and cost reduction.

This alliance is a win-win situation for both GE and Accenture. GE’s technology will be utilized for core application capabilities and Accenture’s Managed Mobile Services Platform (AMMS) will be used for third-parties and support device communications. The respective strengths in big data analytics and industrial software will provide customers with solutions required to proactively manage their resources. The main aim is to transform industries by connecting machines and people through the Industrial Internet. A small percentage of improvement through this endeavor is expected to reap billion of dollars in savings in varied industries.  

General Electric is one of the most diversified technologies and financial service corporations in the world. Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital.

General Electric currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look now in the industry include Compass Diversified Holdings (CODI - Snapshot Report) and ITT Corporation (ITT - Analyst Report), each carrying a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UTD THERAPE… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%