COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic


Summary

ABB is exploring and utilizing technologies including artificial intelligence & machine learning, blockchain, IoT, big data, and others to achieve operational efficiencies and expand its solutions. It is targeting autonomous management of field tasks by utilizing cognitive technologies.

The company’s innovation hubs and accelerator programs includes SynerLeap, Collaborative Operations Center, Customer Innovation Center, and Healthcare Research Hub.

ABB Technology Ventures (ATV) is a corporate venture arm of ABB that focuses on providing both seed, venture, and growth stage funding to technology companies.

The company has live ICT contracts with Wipro Ltd and IBM Corp.

The report provides information and insights into ABB’s tech activities, including -

  • Insights of its digital transformation strategies and accelerator & digital innovation programs
  • Overview of technology initiatives covering partnerships and product launches
  • Details of venture investments in companies having innovative solutions
  • Insights on each technology initiative including technology theme, objective, and benefits
  • Details of estimated ICT budgets




Scope

  • ABB’s new agile driven business model will be active by 2021.
  • The company is partnering with leading cloud service providers to accelerate digital transformation across businesses.
  • It is enhancing industrial automation lifecycle by developing digital solutions for robotics.
  • ABB partnered with Covariant to co-develop integrated AI Robotic solutions.




Reasons To Buy

  • Gain insights into ABB’s fintech operations.
  • Gain insights into its fintech strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into various product launches and partnership strategies of ABB.