Themed “Digital transformation to accelerate a sustainable future”, ABB Technology Day 2019, will explore Vietnam’s Industry 4.0 ambitions and discuss some of the country’s biggest challenges and opportunities for growth. In addition, the event will also present an overview of how ABB can help harness the power of digital to drive progress with customers and the government with its pioneering technologies for factories, energy, transportation and cities. To be hosted on May 15, 2019, the event will attract about 200 delegates including business leaders, industry partners and policy makers.
The Fourth Industrial and Energy Revolutions are changing the global industrial and energy landscape, with digital technologies driving rapid transformation across industries. Energy systems are also changing, primarily driven by renewables gaining ground in the energy mix. Digital data collected from devices enables customers to increase efficiency and productivity, helps improve quality and safety, and reduce their environmental footprint.
The Central Institute for Economic Management (CIEM) cited that by 2030, the Fourth Industrial Revolution could increase Vietnam’s GDP by between US$28.5 billion and $62 billion, equivalent to a rise of 7 to 16 percent. The organization also added that GDP per capita is expected to rise from $315 to $640 by 2030 as a result of increased levels of productivity and employment opportunities.
Vietnam’s urbanization rate is expected to reach about 40% in 2019 and according to Vietnam’s Urban Development Association, the rapid growth rate will continue. By the 2040s about 50% of Vietnam's population will live in urban areas.
“Customers nowadays increasingly demand higher quality products and citizens want better living environments. Sustainable growth can only be achieved by adoption of digital technologies and advanced manufacturing applications. Digitalization and Industry 4.0 will be growth drivers to strengthen Vietnam’s position in the region. ABB as a digital industry leader, is proud to be part of this transformation”, said Brian Hull, Country Managing Director, ABB in Vietnam.
At the event, technologies and solutions exhibited will include ABB Ability™ Connected Services, one of ABB’s more than 210 digitally-enabled solutions. The solution makes actionable data available anywhere at any time to ensure uptime and optimize the performance of robotic systems helping customers to reduce incidents by up to a quarter and achieve 60 per cent faster response time and issue recovery.
ABB’s YuMi®, which amazed the world by conducting the Lucca Philharmonic Orchestra in 2017, will also be on display the event. As the world's first truly collaborative dual-arm robot with no barriers, cages or zones, YuMi® is a perfect fit to improve assembly processes of small lots of highly-individualized products in short cycles.
Smart motion, which saves energy and drives efficiency and productivity across the entire value chain, is also a critical component of the intelligently automated factory of the future. The ABB Ability™ Smart Sensor leverages the Industrial Internet of Things to monitor key parameters of motors, pumps and mounted bearings in real time.
In the smart city of the future, ABB solutions are at the heart of a city’s critical infrastructure, with digital leadership in automation and efficient energy management of the buildings and factories we work in and the homes we live in. Advanced solutions and instruments to manage water quality and flow/leakage will also be presented.
In energy, ABB is writing the future of smarter power distribution and intelligent electrification, making distribution of electricity safer and more efficient, reducing environmental impacts and lowering costs. Delegates will learn more about ABB Ability™ Energy Distribution Control System, an innovative cloud computing solution designed to monitor, optimize, predict and control the electrical system to reduce cost of maintenance and investment cost in supervision system and save time for installation and setting.
ABB started operations in Vietnam in 1993. In the 26 years since, it has grown to be a reliable partner in the field of technology, providing turnkey solutions and services in the market. ABB has recently installed and commissioned robots in automotive, electronics, animal feed, food and beverage, chemicals, metal and brick fabrication sectors to drive efficiency and quality. ABB AbilityTM control systems are ensuring several new solar farms and factories across the country’s food and beverage, automotive, water and wastewater sectors to ensure their operation with the highest possible efficiency.
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader with a comprehensive offering for digital industries. With a history of innovation spanning more than 130 years, ABB is today a leader in digital industries with four customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by its common ABB Ability™ digital platform. ABB’s marketleading Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees.