ABB Ltd - Company Profile
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ABB Ltd (ABB) is a provider of electrification and automation technologies and solutions. The company' offers 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.
ABB Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Modular Substation Packages | Preventive Maintenance |
Distribution Automation Products | Remote Monitoring |
Solar Power Solutions | Cybersecurity |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company entered into an agreement with Cap Clean Energy to enhance sustainable aviation fuel (SAF) production sites in Manitoba, Saskatchewan, and Alberta, Canada. |
2024 | Corporate Changes/Expansions | In March, the company launched its renovated U.S. robotics headquarters and manufacturing facility in Auburn Hills, Michigan, the US. |
2024 | Contracts/Agreements | In March, the company entered into a partnership with Green Hydrogen International to develop a green hydrogen facility in South Texas, US. |
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 | 107,900 | 321,000 | 164,572 | 168,044 | 94,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bjorn Rosengren | Chief Executive Officer | Senior Management | 2020 | 64 |
Timo Ihamuotila | Chief Financial Officer | Senior Management | 2017 | 57 |
Karin Lepasoon | Chief Communications and Sustainability Officer | Senior Management | 2022 | 55 |
Carolina Granat | Chief Human Resources Officer | Senior Management | 2021 | 51 |
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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