(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Automotive, Business, Industrial, Investment, Switzerland, Technology
Tagged ABB, advanced algorithms, Austria, automotive paint shop, CO2 emissions, commissioning, digital tools, digitalization, Dr. Martin Schifko, Engineering Software Steyr GmbH, ESS, fluid dynamics, heat transfer, manufacturing efficiency, Marc Segura, operational costs, PixelPaint, prototyping, RB1000i-S, RobotStudio, simulation tools, smart automation, sustainability
(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, Cable Protection, electrification, France, Gilles Lherbier, INNOVATION, Khalid Mandri, partnership, Solutions Industry & Building (SIB), sustainability
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release
(IN BRIEF) ABB has named Giampiero Frisio as the President of its Electrification Business Area and Brandon Spencer as the President of its Motion Business Area, effective August 1, 2024. Both Frisio and Spencer, currently serving as Division Presidents within … Read the full press release
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, AI-powered, Energy management, investment, John Crawford, Mads Moeller, Ndustrial, partnership, Stuart Thompson, sustainability, USA
(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Auburn Hills, John Bubnikovich, leadership, Michigan, partnership, robotics, Sami Atiya, sustainability, US
(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, Björn Rosengren, Financial, investment, Peter Voser, sustainability
(IN BRIEF) ABB, a global technology leader in electrification and automation, has announced the appointment of Morten Wierod as its new Chief Executive Officer (CEO), succeeding Björn Rosengren. Wierod, currently serving as President of the Electrification Business Area, will assume … Read the full press release
Posted in Business, Industrial, Management, News, Switzerland, Technology
Tagged ABB, appointment, Björn Rosengren, CEO, leadership, Morten Wierod, Peter Voser
(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged ABB, Financial, General Meeting 2024, investment
(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release
(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Banks, Business, Financial, France, Germany, Healthcare, Internet & Online, Ireland, Netherlands, Pharma & Biotech, Romania, Science, Security & Safety, Spain, Switzerland, Technology, Telecom, United Kingdom
Tagged 5G services, ABB, Accenture, AI, AI IN JAN 2024, AI innovation, AI safety, AI solutions, AI Supercomputers, AI-powered assistants, AI-Powered MBUX Virtual Assistant, Aurora Labs, aws, BBVA, ChatGPT, Deutsche Telekom, Ericsson, Europe's AI scene, Fetch.ai, generative AI, Infineon, Ipsotek, Laura voice assistant, Mercedes-Benz, Meshmind, NextGen, NVIDIA, QuantHealth, Siemens, ŠKODA AUTO, Swisscom, The AI Governance Alliance, Volkswagen
(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release
Posted in Bosnia and Herzegovina, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, AI, Automation Innovation, Bosnia, Joerg Theis, Meshmind, partnership, Sami Atiya, Sarajevo, software, sustainability
(IN BRIEF) ABB has announced its acquisition of Canadian company Real Tech, a leader in optical sensor technology for real-time water monitoring and testing. This strategic move will bolster ABB’s presence in the water sector and complement its product portfolio … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, CANADA, Jacques Mulbert, Jodi Glover, Optical Sensor Technology, partnership, Real Tech, Smart Water Management, sustainability
(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release
(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Abandoned Mines, ABB, Charles Bennett, Gravitricity, Gravity Energy Storage, Martin Wright, partnership, sustainability
(IN BRIEF) ABB has appointed Mathias Gaertner as General Counsel and Company Secretary, as well as a Member of the Executive Committee. He will officially join ABB in 2024 and will succeed Natalia Shehadeh, who has been serving as General … Read the full press release
Posted in Business, Industrial, Management, News, Switzerland, Technology
Tagged ABB, appointment, Björn Rosengren, Company Secretary, General Counsel, leadership, Mathias Gaertner, Natalia Shehadeh
(IN BRIEF) ABB and Imperial College London have extended their partnership for a decade to operate a unique carbon capture pilot plant. Located at Imperial College, this plant provides hands-on training to thousands of students, showcasing ABB’s advanced technology solutions. … Read the full press release
(IN BRIEF) The Energy Efficiency Movement (EEM), founded by ABB and comprising over 400 organizations worldwide, has published a report titled “The Case for Industrial Energy Efficiency.” This report offers corporate leaders insights into ten measures that leverage mature technologies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged ABB, Emissions Reduction, ENERGY, Tarak Mehta
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