ABB | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
ABB is a global technology leader in electrification and automation, committed to enabling a more sustainable and resource-efficient...
ABB is a global technology leader in electrification and automation, committed to enabling a more sustainable and resource-efficient future. With over 140 years of experience and more than 110,000 employees, ABB connects engineering know-how and software to optimize manufacturing, transportation, and energy operations across various industries.
Website
Headquarters
Zurich, ZH
Size
10,001+ employees
Industry
Automation Machinery Manufacturing
Specialities
ABB Ability, Robotics, Industry, Motors and generators, Drives, Smart buildings, E-mobility, Marine vessels, Data centers, Renewable energy, Technology, Energy, Utilities, Transport, Infrastructure, Oil, gas & chemicals, Semiconductors, Measurement & analytics, Control rooms, Factory of the Future, Sustainability, Automation, Electrification, Electric Vehicles
🛍️ ABB Product and Pricing News →
👔 ABB CEO, Management and Leadership Team →
⚔️ ABB Alternatives and Competitors →
💼 ABB Hiring and Layoffs →
🤖 ABB Developer, Integration and Automation News →
📈 ABB Financials, Fundraising and Valuation News →
🛍️ ABB Product and Pricing News
- ABB has expanded its robotic Item Picking family with new AI-powered modules to enhance automation in the fashion and logistics industries, addressing challenges in item singulation, picking, and sorter induction.
- ABB is helping deploy the first fully battery-electric trolley truck system and using AI to optimize ship-port operations via the DECARDIS project.
- ABB has launched the NGDR-07C 68980135B Inverter Trigger Driver Board, enhancing inverter performance with improved durability, power management, and seamless integration for various industries.
- ABB is advancing hydrogen-powered operations on inland waterways by integrating fuel cells and hybrid power systems in the Zulu 06 barge on the River Seine.
- ABB's robots have been integrated into Bialetti's production line, enabling the assembly of 1200 moka pots per hour with increased productivity and flexibility.
- ABB has launched a new brand film showcasing the enhanced versatility of its robots, driven by generative AI, vision, and mobility systems, as stated by Sami Atiya, President of Robotics & Discrete Automation.
- In November 2022, ABB launched the Terra 360 ultra-fast EV charging station, which can deliver 100 km of range in less than three minutes.
- In September 2023, ABB launched CoriolisMaster and ProcessMaster flowmeters with features like ProfiNet and Power Over Ethernet to enhance efficiency and reliability.
👔 ABB CEO, Management and Leadership Team
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CEO & Board Member Private Holding
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Managing Director
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CEO
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Managing Director
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CEO
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Managing Director
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CFO Home Solutions
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Managing Director/CFO
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Managing Director and CEO, ABB India Ltd.
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Managing Director
undefined⚔️ ABB Alternatives and Competitors
- Siemens |
- Schneider Electric |
- Rockwell Automation |
- Mitsubishi Electric |
- Honeywell |
- KUKA |
- Wattics |
- Weidmuller |
- GE |
- Hitachi |
- IBM |
- Bosch |
- Samsung |
- Larsen & Toubro |
- Yaskawa Europe |
- Greatoo Intelligent Equipment |
- Jiangsu Hagong Intelligent Robot |
- Siemens Energy |
- Mitsubishi Power
💼 ABB Hiring and Layoffs
- ABB appointed Morten Wierod as the new CEO and opened a $100 million campus in Wisconsin to support growth in its largest market.
- ABB is currently seeking a CUI (Controlled Unclassified Information) Program Manager - CMMC Specialist in the United States.
- Rajeev Sumbly has joined ABB as Region Partner Business Director - APAC in India, previously holding a position at another company.
- Amanda Strömbäck has joined ABB as Assistant Vice President, Legal Counsel Ventures and M&A in Sweden, previously serving as an Associate at MAQS Advokatbyrå.
- ABB appointed Susana Gonzalez as chief sales officer in its B&R Industrial Automation subsidiary's Machine Automation Division, succeeding Luca Galluzzi.
- Jay Smith has joined ABB as Director - Electrical Safety Services in the United States, previously holding a position at ABB Inc.
- Sair Riaz has been appointed as VP - Partner Business Middle East & Africa at ABB.
- ABB is currently hiring for the position of Global Product Manager - Water Analysis in Canada.
🤖 ABB Developer, Integration and Automation News
- ABB signed an agreement with Dow to be the automation partner for the Path2Zero ethylene complex in Canada, aiming to decarbonize Dow's facilities by enhancing energy efficiency and automating processes.
- ABB Motion's Drive Products division has partnered with US start-up Molg to improve drive design and support circular economy efforts.
- ABB is collaborating with GHGSat to enhance space-based methane monitoring using advanced optical sensors, achieving 100 times greater resolution than existing technologies.
- ABB Robotics and AUAR are collaborating to build ConstrucThor, a climate-neutral research facility in Belgium, using ABB robots and AUAR's micro-factories to advance sustainable construction.
- ABB secured the largest order for permanent magnet shaft generators for 30 LNG carriers.
- ABB has been chosen by GreenIron to provide automation and control system solutions for a new commercial facility in Sandviken, Sweden, aimed at producing fossil-free sponge iron.
- ABB CEO Morten Wierod announced the installation of ABB E-mobility EV chargers at NASCAR's Daytona Beach headquarters as part of a collaboration to support NASCAR's clean energy initiatives.
- ABB has partnered with Sage Geosystems to develop Geopressured Geothermal Systems for energy storage and geothermal power generation, aiming to provide up to 150 MW of geothermal baseload power by 2027.
📈 ABB Financials, Fundraising and Valuation News
- ABB is investing in DG Matrix to enhance AI data center power optimization with a Power Router that increases efficiency to 98%.
- ABB has acquired a minority stake in DG Matrix to support the commercialization of solid-state power electronics for AI data centers and renewable microgrids.
- ABB Motion Ventures has invested in AI start-up UptimeAI to enhance asset health and performance management in heavy asset industries in India.
- ABB launched the H2 Springboard program with Business Finland, funding 20 million euros for leading companies and 50 million euros for ecosystem partners to boost hydrogen economy solutions.
- ABB released its Annual Report Suite 2024 online, showcasing efforts to help industries become leaner and cleaner.
- ABB India reported a 54% increase in net profit for the December quarter, reaching Rs 532 crore, driven by higher revenues, and announced a higher dividend of Rs 33.50 per share with the AGM scheduled for May 10.
- The European Commission approved a joint venture between ABB and Wallenius Marine in the ship management sector.
- Between February 10-12, 2025, ABB repurchased 337,788 shares as part of its share buyback program.
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