IT’s Role in Global Growth

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Agenda

About GE Money – some context

IT Integration in 5 easy steps …sure!

Australia goes Global

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Six GE Businesses To Focus On Growth

— Oil & Gas— Energy— Rail— Aircraft Engines— Water— Energy Fin Services— Aviation Fin Services

— Insurance— Leasing— Real Estate— Corp Fin Svcs— Healthcare

— Strategy/Integration— Consumer & Industrial— Plastics— Silicones/Quartz— Security— Inspect Tech

— Network— Stations— Entertainment— Universal— Sports/Olympics

— Diagnostic Imaging— Clinical Systems— Info Technology— Services— Bio Sciences

— Europe— Asia— Americas— Australia & NZ

GE Money(1933)

CommercialFinance (1905)

Infrastructure(1879)

NBC(1927/1986)

Healthcare(1896)

Industrial(1879/1917)

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In the Beginning...

1932

19921 Product1 Country

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Then…

1992

International Start Up!

Going Global!

Now A Diversified Specialty Consumer Financial Services Company

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GE Money Today

Personal Loans

Mortgages

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'95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06

$34.0

Assets

From Start-Up To #6

(A$ Billions)

$0.5

AVCO

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IT Integrating in 5 easy steps …sure!

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1. The First 6 Months is critical

Do image from PRF posters etc

What’s really in the box?

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2. Understand Your New Customer

More than often today, technology is the face of the company to many customers

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3. Keep An Open Mind

There was a reason we acquired the business!

Courage required

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4. People

Just because we’re bigger, doesn’t mean we’re better!

65% of failed acquisitions are due to cultural clashes

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Acquired GE business integrated into GE Money.

From 21 to 5 Core Systems!From 21 to 5 Core Systems!

5. Systems Integration is NOT an IT Project

NissanAVCO

AGCAFIG

SB

Vision+ ICBS Genesis Jackson TIA

MIGRATION

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The biggest migration to date….

Introducing our AustralianGlobal Data Center

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Data Center Relocation to Australia

>5000 hours of Testing

>12000Gb of Data transferred through HDS/Network

>4500 tape cartridges

4 Migration Events

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The GE Money Global IT Centre

Europe, Asia, India & Mexico

Processing over 15 million Credit Cards for 20 Countries4 Month Payback

IT’s Role in Global Growth