ABB Ltd - Company Profile

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ABB Ltd: Overview

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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.

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Headquarters Switzerland
Address Affolternstrasse 44, Zuerich, 8050
Website global.abb
Telephone 41 43 3177111
No of Employees 106,170
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange ABBN (SWF)
Revenue (2022) $29.4B 1.7% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -45.6% (2022 vs 2021)
Market Cap* $76.3B
Net Profit Margin (2022) XYZ -46.5% (2022 vs 2021)
* As of and is in US$
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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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
Modular Substation Packages Preventive Maintenance
Distribution Automation Products Remote Monitoring
Solar Power Solutions 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
2023 Financing Agreements In November, the company and European Investment Bank signed EUR500 million financing agreement to support the company’s research and development in its Electrification business area.
2023 Contracts/Agreements In November, the company was awarded an order by Bechtel Energy to deliver integrated automation, electrical and digital solutions for Phase 1 of the Rio Grande LNG facility in Brownsville, Texas, the US.
2023 Plans/Strategy In November, the company announced its plans to build a new 1,114m² calibration hall in Bartlesville, Oklahoma, the US.
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 106,170 317,000 164,572 162,339 92,000
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 64
Timo Ihamuotila Chief Financial Officer Senior Management 2017 57
Carolina Granat Chief Human Resources Officer Senior Management 2021 51
Karin Lepasoon Chief Communications and Sustainability Officer Senior Management 2022 55
Peter R. Voser Chairman Non Executive Board 2015 65
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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