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Bloomberg Talks

Baker Hughes CEO Lorenzo Simonelli Talks Fourth-Quarter Earnings

Jan 24, 2024
Baker Hughes CEO Lorenzo Simonelli discusses fourth-quarter earnings, managing geopolitical risks, and the outlook for M&A. They explore topics such as customer spending plans, the impact of consolidation and mergers, peak oil, long-term demand for oil, and the growth potential of the LNG industry.
10:16

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Quick takeaways

  • Cybersecurity is crucial for small businesses, and CrowdStrike offers next-generation antivirus specifically designed for them.
  • Baker Hughes had positive results in 2023 and expects considerable growth in 2024, despite acknowledging geopolitical uncertainties.

Deep dives

Importance of Cybersecurity for Small Businesses

Cybersecurity is crucial for small businesses, even though it may not be a top priority. CrowdStrike offers next-generation antivirus, powered by artificial intelligence, specifically designed for small and medium businesses. It includes ransomware prevention and is easy to use. Small businesses can benefit from robust protection against cyber threats.

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