ABB Ltd (ABB) is a provider of digital technologies. The company offers products, systems, solutions and services related to electrification products, motion and industrial automation. Its offerings harness power reliability, increase industrial productivity and enhance energy efficiency. ABB sells products through direct sales force and third-party channel partners such as distributors, installers, wholesalers, machine builders and OEMs and system integrators. It 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. The company has manufacturing facilities in the US, China, Czech Republic, Switzerland, Finland, Germany, Italy, Canada, Sweden, Poland and India. ABB is headquartered in Zurich, Switzerland.

Headquarters Switzerland

Address Affolternstrasse 44, Zuerich, 8050

Website global.abb

Telephone 41 43 3177111

No of Employees 104,400

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange ABBN (SWF)

Revenue (2023) $28.9B 10.8% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX -11.7% (2023 vs 2022)

Market Cap* $65.4B

Net Profit Margin (2022) XXX -20.2% (2023 vs 2022)

* As of and is in US$

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Install Base

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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).

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IT Software Contracts

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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.

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Products and Services

Products Services
Electric Vehicle Charging Infrastructure Remote Monitoring
Modular Substation Packages Preventive Maintenance
Distribution Automation Products Cybersecurity
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History

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

Year Event Description
2023 Acquisitions/Mergers/Takeovers In January, the company through its venture capital unit, ABB Technology Ventures acquired a minority stake in Viking Analytics.
2023 Divestiture In January, the company sold its power conversion business to AcBel Polytech Inc for US$505 million.
2023 Corporate Changes/Expansions In January, the company opened a new regional operations center in Mexico.
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Competitor Comparison

Key Parameters ABB Ltd Siemens AG Denso Corp Cummins Inc Eaton Corporation Plc
Headquarters Switzerland Germany Japan United States of America Ireland
City Zuerich Muenchen Kariya-Shi Columbus Dublin
State/Province - - Aichi Indiana -
No. of Employees 104,400 308,000 167,950 59,900 85,947
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Peter R. Voser Chairman Executive Board 2015 64
Bjorn Rosengren Chief Executive Officer Senior Management 2020 63
Timo Ihamuotila Chief Financial Officer Senior Management 2017 56
Carolina Granat Chief Human Resources Officer Senior Management 2021 -
Karin Lepasoon Chief Communications and Sustainability Officer Senior Management 2022 53
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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