ABB Ltd - Company Profile

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ABB Ltd: Overview

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ABB Ltd (ABB) is a technology company that specializes in providing electrification and automation solutions. The company's primary activities involve the development and distribution of products, systems, solutions and services related to electrification products, motion and industrial automation. Its solutions integrate engineering expertise and software; and its offerings harness power reliability, increase industrial productivity and enhance energy efficiency. ABB sells its products through direct sales force and third-party channel partners such as distributors, installers, wholesalers, machine builders and OEMs and system integrators. The company provides digitally connected and enabled industrial equipment and systems to customers in utilities, industry, transport and infrastructure sectors in Asia, Americas, the Middle East, Africa and Europe. ABB is headquartered in Zurich, Switzerland.

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Headquarters Switzerland
Address Affolternstrasse 44, Zuerich, 8050
Website global.abb
Telephone 41 43 3177111
No of Employees 108,700
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange ABBN (SWF)
Revenue (2022) $32.2B 9.5% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 51.3% (2022 vs 2021)
Market Cap* $101.8B
Net Profit Margin (2022) XYZ 38.2% (2022 vs 2021)
* As of and is in US$
View ABB Ltd financials
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ABB Ltd premium industry data and analytics

540+

Construction Projects

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Project Contacts

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20+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for ABB Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on ABB Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Products Preventive Maintenance
Modular Substation Packages Remote Monitoring
Distribution Automation Products Cybersecurity
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In May, the company secured a three-year contract from the City of Cape Town (South Africa) to upgrade its medium-voltage (MV) switching equipment.
2024 Contracts/Agreements In May, ABB Korea Robotics entered into a business agreement with Pulmuone to introduce AI Robotics R&D for Cell-Cultured Seafood.
2024 Contracts/Agreements In May, the company signed an agreement to acquire Siemens' Wiring Accessories business in China.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters ABB Ltd Siemens AG Denso Corp Schneider Electric SE Eaton Corporation Plc
Headquarters Switzerland Germany Japan France Ireland
City Zuerich Muenchen Kariya-Shi Rueil-Malmaison Dublin
State/Province - Bayern Aichi Haute Normandie -
No. of Employees 108,700 320,000 164,572 168,044 94,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Bjorn Rosengren Chief Executive Officer Senior Management 2020 65
Timo Ihamuotila Chief Financial Officer Senior Management 2017 58
Karin Lepasoon Chief Communications Officer; Chief Sustainability Officer Senior Management 2022 56
Carolina Granat Chief Human Resources Officer Senior Management 2021 52
Peter R. Voser Chairman Non Executive Board 2015 65
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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