Company profile

Future of ABB

#
Rank
51
| Quantumrun Global 1000

ASEA Brown Boveri (ABB) is one of the world's leading companies in the field of robotics and automation technology. It is also one of the largest engineering corporations and conglomerates in the world. ABB's originates from Sweden and Switzerland, and its headquarters are located in Zurich, Switzerland.

Home Country:
Sector:
Industry:
Industrial Machinery
Website:
Founded:
1988
Global employee count:
132000
Domestic employee count:
7000
Number of domestic locations:
33

Financial Health

Revenue:
$33828000000 USD
3y average revenue:
$36379666667 USD
Operating expenses:
$3934000000 USD
3y average expenses:
$3865666667 USD
Funds in reserve:
$4565000000 USD
Market country
Revenue from country
0.20
Market country
Revenue from country
0.13
Revenue from country
0.67

Asset Performance

  1. Product/Service/Dept. name
    Discrete automation and motion
    Product/Service revenue
    9100000000
  2. Product/Service/Dept. name
    Low voltage
    Product/Service revenue
    6500000000
  3. Product/Service/Dept. name
    Process automation
    Product/Service revenue
    6400000000

Innovation assets and Pipeline

Global brand rank:
253
Investment into R&D:
$1300000000 USD

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the shrinking cost and increasing computational capacity of artificial intelligence (AI) systems will lead to its greater use across a number of applications within the robotics and automation sector.
*Likewise, Moore’s law will continue to advance the computational capacity and data storage of electronic hardware, enabling future robots to become more adaptable and competent across a range of applications.
*The shrinking cost and increasing functionality of advanced manufacturing robotics and 3D printing (additive manufacturing) will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*Advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future robotics products.
*Among millennials and Gen Zs, the growing cultural trend towards less consumerism, towards investing money into experiences over physical goods, will also lead to a minor reduction in general consumption levels and revenue, per consumer. This will indirectly impact manufacturing robotics sales. However, a growing global population and the increasingly wealthy African and Asian nations will make up for this revenue shortfall.

COMPANY’S FUTURE PROSPECTS

Company Headlines