ABB Ltd. – Digital Transformation Strategies
Powered by ![]()
All the vital news, analysis, and commentary curated by our industry experts.
ABB Ltd. Digital Transformation Strategies Report Overview
ABB has been focusing on using artificial intelligence, the Internet of Things (IoT), cloud-based applications, and big data to digitally transform its operations. The annual ICT spending of ABB was estimated at $1.4 billion for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. ABB is a global technology pioneer in the digitally enabled industrial equipment and systems segment. It operates through three business segments, namely electrification products, robotics and motion, and industrial automation. The company’s portfolio includes 70,000 control systems that connect 70 million industrial devices. ABB develops automation technologies to increase the productivity and process efficiency of its industrial customers. The group collaborated with more than 100 universities to develop innovative technologies and currently serves customers across 100 countries.
The ABB digital transformation strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology partnerships, technology introductions, acquisitions, and ICT spending among others.
| Total ICT Spending 2023 | $1.4 billion |
| ICT Spend by Function | Data center, Communications, Network, Application, End-User computing, Management, and Service Desk |
| ICT Spend by Channel | Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators |
| External ICT Spend by Segment | Software (including Cloud SaaS), Hardware (including Cloud IaaS), ICT Services, Consulting, Network and Communications, and Others |
| Technology Theme Focus | Artificial Intelligence, Cloud, Robotics, Big Data, IoT, and the Future of Work |
| Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Buy the Full Report to Get More Insights on the Digital Transformation Strategies of ABB
Digital Transformation Strategies
ABB is integrating generative AI capabilities into industrial digital solutions, aiming to create safer, smarter, and more sustainable operations. The company deployed ‘Copilot’ capabilities to enhance user interaction with ABB Ability Genix Industrial Analytics and AI Suite, making data more intuitive and valuable for efficiency and sustainability improvements.
Buy the Full Report to Know More About Other Digital Transformation Strategies and Initiatives of ABB
ABB Technology Theme Focus
ABB is utilizing several emerging technologies including artificial intelligence, cloud, robotics, big data, IoT, and the future of work among others to enhance its operational and service capabilities.
ABB Technology Focus
Buy the Full Report to Know About Other Technology Themes Under Focus for the Company
ABB Technology Initiatives
ABB has been involved in several strategic technology partnerships and collaborations, technology developments and rollouts, and acquisitions over the last few years. For instance, in 2024, ABB launched ABB Ability Smart Hoisting, a new digital suite for monitoring and optimizing mine hoists. This suite aims to improve hoist performance, reliability, and productivity by providing actionable insights through key performance indicators (KPIs). It integrates advanced monitoring features like ABB Drive System Monitoring and automates data collection, analysis, and maintenance scheduling. This solution enhances operational efficiency, safety, and environmental responsibility in the mining sector.
Buy the Full Report for More Insights on Other Technology Initiatives of ABB
ABB ICT Spend by Function
- Datacenter
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
ABB ICT Spend by Function, 2023 (%)
Buy the Full Report for More Insights on ABB’s ICT Spending by Function
ABB ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
ABB ICT Spend by Channel, 2023 (%)
Buy the Full Report for More Insights on ABB’s ICT Spending by Channel
ABB External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud IaaS)
- ICT services
- Consulting
- Network and Communications
- Others
ABB External ICT Spend by Segment, 2023 (%)
Buy the Full Report for More Insights on ABB’s External ICT Spending by Segment
Scope
This report provides:
- Insight into ABB’s technology activities.
- Overview of technology initiatives covering partnerships, technology introductions, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into ABB’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various partnerships.
Accenture
HP
Samsung
Red Hat
Microsoft
Equinor
Codian Robotics
Table of Contents
Frequently asked questions
-
What was the total ICT spending of ABB in 2023?
The annual ICT spending of ABB was estimated at $1.4 billion in 2023.
-
Which function accounted for the highest ICT spending for ABB in 2023?
Network accounted for the highest ICT spending by function for ABB in 2023.
-
Which channel accounted for the highest ICT spending for ABB in 2023?
Internal development and maintenance accounted for the highest ICT spending by channel for ABB in 2023.
-
Which segment accounted for the highest external ICT spending for ABB in 2023?
Software accounted for the highest external ICT spending by segment for ABB in 2023.
-
What are the key technology themes in focus for ABB?
The key technological themes in focus for ABB are artificial intelligence, cloud, robotics, big data, IoT, and the future of work.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745



