A recent report “Distributed Control Systems Global Market 2018-2022” issued by the ARC Advisory Group has confirmed that the pioneering technology leader, ABB, has retained its number one position in the market with a 20% market share, for the 19th year running.
The global market for distributed control systems (DCS), which is approaching USD 16 billion, is one of the most technologically advanced and evolved markets in the world. ABB, which has 147,000 employees and operations in more than 100 countries, says that among several key factors driving success has been its dedication to innovation coupled with an innate understanding of the continued value of people in an increasingly automated environment.
Building on its global technology platform, the company approaches each local market with an in-depth understanding of the physical, regulatory and economic environment, enabling it to meet the specific DCS needs and requirements of customers and their operations across the world. As part of its process control solutions, ABB offers the customer-specific control platforms ABB Ability™ System 800xA, ABB Ability™ Symphony Plus, Freelance and Compact Product Suite, proven over decades as evidenced by their installed base.
“As we head into our 20th year as the undisputed leader in DCS, we are shaping the fourth industrial revolution with our automation solutions” says Peter Terwiesch, President of ABB’s Industrial Automation division. “ABB’s continued annual investment of $1.5 billion in research and development enables us to unlock the significant benefits of digitalization and make them accessible to our customers through our digital technologies. We help our customers to transform their performance in a digital world and further increase safety, productivity and energy efficiency throughout the asset lifecycle.”
ARC’s report also references ABB Ability™, the companies unified, cross-industry digital offering which includes more than 210 Industrial Internet solutions and an Industrial Internet technology platform and cloud infrastructure.
The prestigious recognition by ARC follows the recently announced award by business consultants Frost & Sullivan, naming ABB as 2017 Company of the Year. ABB has been commended for setting the benchmark for digitalization with its DCS portfolio. With its deep domain knowledge and unparalleled digital experience, ABB partners with its customers to best meet their needs, delivering sustainable progress for power, water and process industries.