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

  Enquire / 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 - (1076 views)
Related articles
Aucotec Presents the DCS Portal at SPS IPC Drives 2018
LMI Technologies Receives the Certification for Integration with Universal Robots
SIKO Presents the PositionLine at SPS IPC Drives 2018 with IEN Europe
SIKO Presents the MagLine at SPS IPC Drives with IEN Europe
Better HMI and Evolution from PCBs to PLCs Pave the Way for New Market Opportunities
Interface Technology
The CC-Link Partner Association Announces the Future Of Open Industrial Ethernet
Continued Market Growth Is Testament To The Development Of PLCs
Industrial Ethernet
Biocompatible Medical Cable
Sensing Innovation in Process and Control
Ultrasonic Flowmeter TRX
Hannay Reels Delivers Every Time
Multi-protocol Network Diagnostics
Take your Manufacturing to the Edge. Connect Everything
Power in new Dimensions - BXT Motor Family
Mechanical Position Sensor MP600 Series
Heaters of H series
3 Phase Book Style EMC Filter
Leading Distributor in Automation & Robotics Technology
Labfacility L60+ Thermocouple & Fine Wire Welder
Integrated Servo Motor
Single-Stage Filter
Medical Grade PC
High Speed and High Definition Camera
Multi-function Sensor Module
Drive for Marine Installations
AC/DC Desktop Power Adapters
Monitoring Fugitive Emissions & Leaks
Integrated Drive for Induction Motors
Aucotec Presents the DCS Portal at SPS IPC Drives 2018
LMI Technologies Receives the Certification for Integration with Universal Robots
SIKO Presents the PositionLine at SPS IPC Drives 2018 with IEN Europe
SIKO Presents the MagLine at SPS IPC Drives with IEN Europe
Multi-protocol Network Diagnostics
Interroll Launches its Versatile Drive Platform at Sauber Motorsport
Brushless Flat DC-Servomotors with more torque
Labfacility L60+ Thermocouple & Fine Wire Welder
SCADA for Supervision and HMI
Power in new Dimensions - BXT Motor Family