ABB Group

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

Retrieved on: 
Wednesday, December 16, 2020

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.

Global Robotics Market Growth, Trends, and Forecasts Report 2020-2025: Advent Of Industry 4.0 Driving Automation & Increasing Emphasis On Safety - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 16, 2020

The "Robotics Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Robotics Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • However, presently, smaller collaborative robots are priced for companies to receive ROI in months instead of decades, often costing around USD 20,000.
  • In December 2019, Soft Robotics announced a strategic partnership with Fanuc, which invested in Soft Robotics as startup raised USD 23 million in oversubscribed funding round.
  • In terms of market share, few of the major players such as Fanuc Corporation, ABB Ltd, KUKA AG, Yaskawa Electric Corporation, etc.

Leak Detection Market worth $3.0 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 14, 2020

The leak detection market for oil & gas includes players like Honeywell International Inc. (US), Emerson Electric Co. (US), ABB (Switzerland), KROHNE Group (Germany), and PSI Software AG (Germany.

Key Points: 
  • The leak detection market for oil & gas includes players like Honeywell International Inc. (US), Emerson Electric Co. (US), ABB (Switzerland), KROHNE Group (Germany), and PSI Software AG (Germany.
  • These players have strong market presence for leak detection solutions across various countries in North America, Europe, Asia Pacific, and RoW.
  • These systems have quick leak detection capabilities, are suitable for leak detection in large pipelines, and require simplified sensor and software set up with minimal calibrations.
  • The onshore segment is projected to lead the leak detection market for oil & gas from 2020 to 2025.

Leak Detection Market worth $3.0 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 14, 2020

The leak detection market for oil & gas includes players like Honeywell International Inc. (US), Emerson Electric Co. (US), ABB (Switzerland), KROHNE Group (Germany), and PSI Software AG (Germany.

Key Points: 
  • The leak detection market for oil & gas includes players like Honeywell International Inc. (US), Emerson Electric Co. (US), ABB (Switzerland), KROHNE Group (Germany), and PSI Software AG (Germany.
  • These players have strong market presence for leak detection solutions across various countries in North America, Europe, Asia Pacific, and RoW.
  • These systems have quick leak detection capabilities, are suitable for leak detection in large pipelines, and require simplified sensor and software set up with minimal calibrations.
  • The onshore segment is projected to lead the leak detection market for oil & gas from 2020 to 2025.

ABB appoints Carolina Granat as Chief Human Resources Officer

Retrieved on: 
Thursday, December 10, 2020

ABB announced today that Carolina Granat is to succeed Sylvia Hill as Chief Human Resources Officer and member of the Executive Committee, effective January 1, 2021.

Key Points: 
  • ABB announced today that Carolina Granat is to succeed Sylvia Hill as Chief Human Resources Officer and member of the Executive Committee, effective January 1, 2021.
  • Granat currently serves as ABBs Global Head of People Development, prior to which she was globally responsible for Human Resources at Sandviks Machining Solutions business area.
  • She also served as Human Resources manager for the Nordic region at the Boston Consulting Group (BCG).
  • As of January 1, 2021, the Executive Committee will comprise: Bjrn Rosengren, Chief Executive Officer; Timo Ihamuotila, Chief Financial Officer; Tarak Mehta, President Electrification; Peter Terwiesch, President Industrial Automation; Morten Wierod, President Motion; Sami Atiya, President Robotics & Discrete Automation; Maria Varsellona, General Counsel & Company Secretary; Theodor Swedjemark, Chief Communications Officer; and Carolina Granat, Chief Human Resources Officer.

Hitachi ABB Power Grids Energizes NordLink and Accelerates Europe Towards a Carbon-neutral Energy System

Retrieved on: 
Thursday, December 10, 2020

"We are delighted to be contributing to this milestone project, which brings Europe another step closer towards its vision of an interconnected and carbon-neutral energy system," said Niklas Persson, Managing Director of Hitachi ABB Power Grids' Grid Integration business unit.

Key Points: 
  • "We are delighted to be contributing to this milestone project, which brings Europe another step closer towards its vision of an interconnected and carbon-neutral energy system," said Niklas Persson, Managing Director of Hitachi ABB Power Grids' Grid Integration business unit.
  • "Together, with the NordLink owners, Statnett and TenneT, Hitachi ABB Power Grids is contributing to the development of an integrated European energy market, which is powered by renewable energy and underpinned by an electricity backbone that supports sustainable society."
  • By energizing the NordLink project and through its HVDC technology, Hitachi ABB Power Grids is contributing to the UN's Sustainable Development Goal 7: increasing access to affordable, reliable, sustainable and modern energy for all.
  • Hitachi ABB Power Grids designed, engineered and supplied the two converter stations -- located in Southern Norway and Northern Germany -- at the heart of the
    NordLink project.

Hitachi ABB Power Grids' Innovative Technology Sset to Contribute to the UK's Carbon-neutral Future

Retrieved on: 
Sunday, December 6, 2020

This innovative new technology is set to contribute significantly to the UK's carbon-neutral future by enabling a smooth transition from traditional energy generation to renewable power and its integration into the electricity network.

Key Points: 
  • This innovative new technology is set to contribute significantly to the UK's carbon-neutral future by enabling a smooth transition from traditional energy generation to renewable power and its integration into the electricity network.
  • The Ofgem Network Innovation Competition (NIC), set up by the UK's electricity regulator, Ofgem, funded the Phoenix project which started in 2018.
  • As part of the trial, Hitachi ABB Power Grids has installed the world's first hybrid solution, a strategic 275 kilovolt (kV) substation on SP Energy Networks' transmission network near Glasgow in Scotland.
  • The STATCOM utilizes Modular Multilevel Converter (MMC) valve technology, while the synchronous condenser is a 4-pole motor with brushless excitation system.

Trintech Client ABB Named Winner in 13th Annual Ventana Research Digital Leadership Awards

Retrieved on: 
Monday, November 23, 2020

DALLAS, TX / ACCESSWIRE, Nov 24, 2020 - (ACN Newswire) - Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB, a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.

Key Points: 
  • DALLAS, TX / ACCESSWIRE, Nov 24, 2020 - (ACN Newswire) - Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB, a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.
  • "Technology is essential but achieving the most from technology requires leadership to implement change," notes Robert Kugel, Senior Vice President and Research Director at Ventana Research.
  • "We gave ABB and Trintech our 2020 Digital Leadership award for having successfully tackled an ambitious close process digitization and standardization project in a decentralized worldwide organization."
  • In its 13th year, the Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization."

DGAP-News: Trintech, Inc.: Trintech Client ABB Named Winner in 13th Annual Ventana Research Digital Leadership Awards

Retrieved on: 
Monday, November 23, 2020

DALLAS, TX / ACCESSWIRE / November 23, 2020 / Trintech , a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB , a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.

Key Points: 
  • DALLAS, TX / ACCESSWIRE / November 23, 2020 / Trintech , a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB , a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.
  • "Technology is essential but achieving the most from technology requires leadership to implement change," notes Robert Kugel, Senior Vice President and Research Director at Ventana Research.
  • "We gave ABB and Trintech our 2020 Digital Leadership award for having successfully tackled an ambitious close process digitization and standardization project in a decentralized worldwide organization."
  • In its 13th year, the Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization."

ABB Information Systems Selects Google Cloud to Expand its Cloud Footprint

Retrieved on: 
Monday, November 23, 2020

ZURICH and MUNICH, Nov. 23, 2020 /PRNewswire/ -- Google Cloud today announced it has been selected by ABB to further expand the cloud footprint of its Information System (IS) services.

Key Points: 
  • ZURICH and MUNICH, Nov. 23, 2020 /PRNewswire/ -- Google Cloud today announced it has been selected by ABB to further expand the cloud footprint of its Information System (IS) services.
  • Google Cloud will collaborate with ABB's hosting services team to layout an optimized cloud migration that is tailored to meet the IS needs of ABB businesses.
  • "We're thrilled about the opportunity for Google Cloud to help ABB in its journey toward powering its information systems services in the cloud, as the company heads towards a more digitized future."
  • "Our choice to include Google Cloud further strengthens our strategic vision and stimulates innovation as we expand the Information Systems' cloud footprint,'' said Prabhu Chakravarthy, Group IS Program Leader at ABB.