ABB Named Frost & Sullivan’s 2017 Company of the Year

  Enquiry / contact me

The award highlights how the company meets customer needs for improved performance in tough market conditions

ABB Named Frost & Sullivan’s 2017 Company of the Year
ABB Named Frost & Sullivan’s 2017 Company of the Year

ABB wins the Frost & Sullivan 2017‎ Company of the Year Award thanks to its visionary innovation embodied by its distributed control system (DCS) offering and its impact on customer performance.

ABB’s digital leadership

The award recognizes ABB’s digital leadership, not only when compared to other industrial automation suppliers, but also against non-industry peers. The award highlights how ABB meets customer needs for improved performance in tough market conditions, at a time when process and power industries’ production assets have never been larger or more complex. Frost & Sullivan states that ABB’s penetration and expansion in emerging markets have helped it dominate the DCS market with a 20.5% market share in 2016. It notes that ABB’s two closest competitors hold market shares of 15.2% and 14.5%.

Alignment with market Mega Trends

Frost & Sullivan’s market research analysts attribute ABB’s success to its alignment with market Mega Trends and developing industry-specific DCS solutions to address the demands of different end-user market segments, thereby enabling them to create new opportunities and values for their customers.

Posted on November 22, 2017 - (1080 views)
Related articles
Beverage Dispensing Flowmeters
Images and Height Profiles Analysis
Fan-less Industrial Box PC Series
Brushless DC-Servomotor
Together with ACCIONA, Ennomotive Launched I’MNOVATION
Epoxies and Glass Transition Temperature
Practical Pathways to Industry 4.0
Powering the Digital Transformation of Asset Management
Brushless Servo Motor with Drive Controller
2-in-1 Screw-locking System
Aichi Tokei Denki TRX/TRZ
Fischer Elektronik's Heatsinks and Cases Connectors
SCHURTER Offers a Wide Range of Chipfuses
Distrelec Webinar Series
MXT Hydraulics Solution
Robot Tools RFID Identifications
Ultrasonic Flowmeter ATZTA TRX
System-based Linkages
Innovative Encoders & Actuators
Permanent monitoring solutions for downtime prevention
Images and Height Profiles Analysis
Aichi Tokei Denki TRX/TRZ
Steel Mill Cuts Bearing Failures in Half Following Switch to Mobil™ Lubricant
Join ExxonMobil at K 2019
Bristle Conveyor Belt Alternative
"Everyone can become a process miner"
Cleaning Solutions and Surface Treatment
Laser Triangulation Measurement Sensors
Ultrasonic Flowmeter for Corrosive Fluids
Multi-Input/Output for Discrete Signals