With a 20% market share across industries, the number one ranking from ARC Advisory Group is testament to ABB as the leader of digitally enabled control and automation as confirmed by the “Distributed Control Systems Global Market 2018-2022” report.
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 AbilityTM System 800xA, ABB AbilityTM 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.”
ABB is the pioneer and leading provider of automation solutions that integrate process and power. With unparalleled experience in partnering with global industries, ABB delivers integrated and secure digital systems, services and solutions to automate and optimize the performance of operations across industries.
ARC’s report also references ABB AbilityTM, the companies unified, cross-industry digital offering which includes more than 210 Industrial Internet solutions and an Industrial Internet technology platform and cloud infrastructure. Drawing on insights across 20 plus industries and more than 40 years of experience in digital technology, ABB Ability™ helps customers to develop new processes and advance existing ones by providing insights and optimizing planning and controls for real-time operations. The results can then be fed into control systems like ABB Ability™ System 800xA and ABB Ability™ Symphony Plus to improve key performance metrics of plants and assets. With 70 million connected devices, 70,000 digital control systems and 6,000 enterprise software solutions, ABB has an unmatched installed base and is a trusted leader in creating digital solutions for customers in the industrial space.
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in power grids, electrification products, industrial automation and robotics and motion, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner in ABB Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 147,000 employees. www.abb.com