ABB Group

Viking Analytics enters frame agreement with ABB

Retrieved on: 
Monday, February 8, 2021
Economy, Business intelligence, Companies, Business, Analytics, Big data, ABB Group

STOCKHOLM, Feb. 8, 2021 /PRNewswire/ -- Viking Analytics, a Swedish startup in the field of advanced analytics for predictive operations, has signed a frame agreement with ABB.

Key Points: 
  • STOCKHOLM, Feb. 8, 2021 /PRNewswire/ -- Viking Analytics, a Swedish startup in the field of advanced analytics for predictive operations, has signed a frame agreement with ABB.
  • Viking Analytics was the winner in the Distribution Solutions category, after applying data analytics and machine learning to help ABB detect changes in conditions of electrical equipment and environment of switchgear.
  • By supporting and welcoming Viking Analytics into our business network, we can drive progress in reliable power distribution to industries and utilities," says Martin Olausson, VP Global Startup Business Development at ABB.
  • "The competition's results and the frame agreement demonstrate our capacity to provide companies of all sizes with a solution that enables them to transform raw data into tangible revenue," says Stefan Lagerkvist, co-founder and CEO at Viking Analytics.

ABB: Q4 and Full-Year 2020 Results

Retrieved on: 
Thursday, February 4, 2021
Other Manufacturing, Technology, Engineering, Other Technology, Automotive Manufacturing, Manufacturing, Software, Hardware, Electronic design automation, Companies, ABB Group, Electric vehicle industry, Manufacturing, Secondary sector of the economy, Robotics, Automation

Industrial Automation revenues declined 8 percent (7 percent comparable), while Robotics & Discrete Automation revenues fell 12 percent (13 percent comparable).

Key Points: 
  • Industrial Automation revenues declined 8 percent (7 percent comparable), while Robotics & Discrete Automation revenues fell 12 percent (13 percent comparable).
  • Cash flow from operating activities in continuing operations was $1,875 million in 2020, compared to $1,899 million in 2019.
  • During 2020, management reached key milestones to focus and simplify ABB that were established in the fourth quarter of 2018.
  • The Q4 2020 results press release and presentation slides are available on the ABB News Center at www.abb.com/news and on the Investor Relations homepage at www.abb.com/investorrelations .

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

Retrieved on: 
Monday, February 1, 2021
Companies, Envision Virgin Racing, ABB Group, Manufacturing, Secondary sector of the economy, Berlin ePrix

The multi year partnership will also see JM sponsor the racing team's participation in the ABB FIA Formula E World Championship.

Key Points: 
  • The multi year partnership will also see JM sponsor the racing team's participation in the ABB FIA Formula E World Championship.
  • A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).
  • Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: "Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them.
  • Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship the innovative electric street racing series.

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

Retrieved on: 
Monday, February 1, 2021
Companies, Envision Virgin Racing, ABB Group, Manufacturing, Secondary sector of the economy, Berlin ePrix

The multi year partnership will also see JM sponsor the racing team's participation in the ABB FIA Formula E World Championship.

Key Points: 
  • The multi year partnership will also see JM sponsor the racing team's participation in the ABB FIA Formula E World Championship.
  • A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).
  • Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: "Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them.
  • Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship the innovative electric street racing series.

Powering the new normal: ABB survey finds 53% of data center professionals are considering power system upgrades to meet increased demand

Retrieved on: 
Wednesday, January 27, 2021
Companies, Concurrent computing, Distributed computing, Data management, ABB Group, Electric vehicle industry, Data center

Not surprisingly, 96% of data center professionals surveyed** reported that demand on their data center increased in 2020, which could indicate why 53% of those surveyed are likely* to consider power system upgrades to meet increased demand in the future.

Key Points: 
  • Not surprisingly, 96% of data center professionals surveyed** reported that demand on their data center increased in 2020, which could indicate why 53% of those surveyed are likely* to consider power system upgrades to meet increased demand in the future.
  • However, ABB's survey found that data center professionals are mixed in terms of how they plan to respond and address demand in the future:
    More than half (53%) of data center professionals surveyed are likely* to consider power system upgrades.
  • In an era where remote business continuity is reliant on data center uptime, managing data center power systems and having the capacity to scale-up the power architecture through system upgrades or greenfield builds are critical factors to meet increased demand.
  • Click here to learn more about ABB Power Conversion and the Edge distributed data center power architecture.

CEO of Industrial Giant ABB in Brazil Joins CEO Coaching International

Retrieved on: 
Monday, January 18, 2021
Companies, ABB Group, Electric vehicle industry, Manufacturing, Industry manufacturing)

"I am impressed with the success CEO Coaching International customers have experienced working with our expert coaches all former CEOs," Paniagua said.

Key Points: 
  • "I am impressed with the success CEO Coaching International customers have experienced working with our expert coaches all former CEOs," Paniagua said.
  • I am delighted to join the exceptional team at CEO Coaching International to help entrepreneurs make big happen."
  • "Rafael has vast experience leading industrial giant ABB in the Americas," said CEO Coaching International CEO and Founding Partner Mark Moses .
  • Every coach at CEO Coaching International is a former CEO or President that has made big happen.

Global Vision Guided Robotics Market Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 12, 2021
Technology, Other Technology, Industrial robotics, Companies, Robotics, Automation, FANUC, Yaskawa Electric Corporation, Cognex, Vision Guided Robotic Systems, ABB Group, Robot, Isra Vision, Denso

The "Vision Guided Robotics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component Type, Type, and Industry Vertical" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Vision Guided Robotics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component Type, Type, and Industry Vertical" report has been added to ResearchAndMarkets.com's offering.
  • APAC is expected to be the fastest growing region in the global vision guided robotics market during the forecast period.
  • Whereas, APAC was followed by Europe and North America hold the highest market share in the vision guided robotics market.
  • Major players operating in the vision guided robotics market include ABB Ltd., Fanuc Corporation, Basler AG, Cognex, ISRA Vision, Yaskawa Electric Corporation, Universal Robots AS, Denso Corporation, and Omron Corporation.

Constellium Appoints Jean-Christophe Deslarzes as Advisor to the Board of Directors

Retrieved on: 
Tuesday, December 22, 2020
Companies, Business, Articles, Opfikon, The Adecco Group, Constellium, ABB Group, Board of directors, New York Stock Exchange

PARIS, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced that Mr. Jean-Christophe Deslarzes will be appointed as a Special Advisor to the Board of Directors in January 2021.

Key Points: 
  • PARIS, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced that Mr. Jean-Christophe Deslarzes will be appointed as a Special Advisor to the Board of Directors in January 2021.
  • The Board expects to put forward the nomination of Mr. Deslarzes as a Non-Executive Director at the Companys Annual General Meeting to be held in 2021.
  • Jean-Christophe Deslarzes has been a member of the Board of Directors of The Adecco Group since April 2015 and Chairman of the Board since April 2020.
  • Mr. Deslarzes has also been Chairman of the Board of Directors of ABB India Limited since February 2018.

Hitachi ABB Power Grids launches all-new remote terminal unit to support grid modernization and renewables integration

Retrieved on: 
Thursday, December 17, 2020
Companies, Industries, Business, ABB Group, Electric vehicle industry, Electric power transmission systems, Hitachi, Electrical grid

TOKYO, Dec 17, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has announced the launch of the RTU530, an all-new Remote Terminal Unit (RTU) that builds on the established reliability and efficiency of the RTU500 series.

Key Points: 
  • TOKYO, Dec 17, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has announced the launch of the RTU530, an all-new Remote Terminal Unit (RTU) that builds on the established reliability and efficiency of the RTU500 series.
  • With an installed base of over 150,000 units worldwide, Hitachi ABB Power Grids is one of the world?s leading suppliers of RTUs to utility and industrial customers.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.

AFC Energy and ABB Partner to Power-Up the Future of Clean EV Charging

Retrieved on: 
Wednesday, December 16, 2020
Electric vehicles, Companies, Electrical engineering, Electric vehicle industry, Business, Wireless energy transfer, ABB Group, Electric vehicle, Inductive charging, Charging stations

With the global EV charging market expected to exceed US$140bn by 2030, this collaboration will support the worldwide delivery of the charging infrastructure required to meet such a demand.

Key Points: 
  • With the global EV charging market expected to exceed US$140bn by 2030, this collaboration will support the worldwide delivery of the charging infrastructure required to meet such a demand.
  • This partnership with AFC Energy allows us to continue to push the boundaries of e-mobility, specifically targeting off-grid applications and thus enabling a much wider reach of e-mobility based on clean energy.
  • "At ABB we believe that sustainable development means progress towards a healthier and more prosperous world today and for future generations.
  • ABB entered the EV-charging market in 2010, and to date has sold more than 17,000 ABB DC fast chargers across 80 countries.