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...“I don’t think there will be protectionist barriers in the automation field,” he said, in a Financial Times interview. “[The automation industry] should be the last barrier set up....
...ABB’s four strategic divisions — electrification, motion, process automation and robotics — have been broken down into 20 autonomous businesses....
...Rosengren, whose Swiss-based company specialises in industrial automation and factory robots, urged Europe to take note of the US approach that offered “carrots” to bring about change....
...For ABB, the spin-off will help it simplify its portfolio to focus on its electrification and automation businesses. The turbocharger industry is not known for its green credentials....
...Automation revenues up 23 per cent outpaced those at divisions of rivals Schneider and ABB in the latest quarter, notes Jefferies....
...Still, the likes of Rotork and AB Dynamics are riding the wave of safety regulation and industrial megatrends of electrification, automation and sustainability....
...The group’s operating profit margin of 6 per cent also remains low compared with global peers such as Siemens and ABB....
...But even with a takeover premium, this looks rich for an industrial automation business. Established groups such as Rockwell or ABB trade at 22 and 15 times respectively, according to S&P Global....
...trends which are taking place,” he said, citing themes such as automation, electrification and sustainability in which ABB excels....
..., Schneider Electric and Rockwell Automation....
...Since his appointment as chief executive in 2013, Mr Spiesshofer has sought to streamline and simplify ABB around four business areas — power grids, electrification, industrial automation and robotics....
...for automation investment....
...It is selling 80 per cent of its power grids business to Hitachi and will have four main units in electrification, industrial automation, robotics and motion....
...The result could be a move in the sector to greater automation....
...ABB, which employs 147,000 people globally, is selling 80 per cent of its power grids business to Hitachi and will have four main units in electrification, industrial automation, robotics and motion, as...
...In future, ABB would comprise four “digital industries” — electrification, industrial automation, robotics and motors. “I think that we will stay ahead with this model,” he said....
...The proposed transaction would significantly expand Hitachi’s power sector business outside Japan while freeing up ABB to focus on its robotics, digital industry and automation businesses....
...As chief executive he has cut costs and focused the group, which has annual sales of $34bn, around four pillars: industrial automation and electrification, as well as robotics and power grids....
...Since becoming CEO in 2013, Mr Spiesshofer has streamlined ABB around four business areas — power grids, electrification, industrial automation and robotics....
...A slimmed down Siemens is now starting to look a whole lot more like Switzerland’s ABB or France’s Schneider Electric, according to one top industry adviser, with the business more focused on automation...
...The reorganisation of ABB has focused the group on four areas — power grids, electrification, industrial automation and robotics....
...Swiss engineering group ABB saw a spurt in orders in the first three months of the year as improving global economic conditions boosted demand across its power grids, electrification, automation and robotics...
...Improving global economic conditions boosted demand across its power grids, electrification, automation and robotics businesses....
...Digital transformation is both an opportunity and a threat Inside Business: ABB chief Ulrich Spiesshofer under pressure to reinvent group Portfolio reshuffle could help Swiss conglomerate to adapt and...
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