Businesses have the ability to use structural augmentation opportunities
Balance brings resilience in an over-the-top shopping mall environment
ABB Robotics & Discrete Automation (RA) reaffirmed a 13-17% margin corridor
ABB's Robotics & Discrete Automation (RA) business showcased its strategy to drive earnings at an event for the financial community at its Solutions Center in Friedberg, Germany. With the broadest product portfolio, innovation strength, global footprint and deep domain expertise, the firm is well-positioned to go beyond the mall and support its customers in the transition to robotics and automation in existing segments, while driving growth by expanding into new segments.
RA supports its clients in navigating critical global megatrends, including skilled labor shortages, digitalization, global uncertainty, and personalization of consumer needs. As a result, the mall is estimated to increase from $75 billion in 2019 to $110 billion in 2025, which is twice the annual growth rate of global GDP in the medium to long term.
In the medium term, ABB Robotics & Discrete Automation estimates revenue to exceed the expected 6% annual mall growth rate. To accomplish this, the firm focuses on existing segments, such as the sedan industry, which includes electric car production, new automation solutions with machine-centric robotics and agile production concepts, and new malls that include logistics and healthcare. About 60% of the income already occurs outside of the sedan career.
The transaction reaffirmed its vision of completing an operating EBITA margin corridor of 13% to 17% in the medium term, supported by improved plant productivity, a more balanced mix and better project execution.
"With our strong position and innovation focus in the premier malls on three continents, we expect to achieve a higher growth than the malls. At the same time, our move to increase our earnings capacity should allow us to operate within the target margin range in the medium term," said Sami Atiya, President of Robotics & Discrete Automation, ABB, · said. "In order to unlock new growth potential, we are constantly developing new applications for our innovative robotics and automation solutions. Our deep domain expertise has laid a solid foundation for us to enter promising new malls and market segments, including logistics, retail and healthcare, and we will continue to expand our product portfolio to meet the needs of our customers. ”
ABB's RA business is the only global player to offer its customers joint robotics and automation solutions from machine to plant level in the form of the "factory of the future". The factory of the future is a fully automated and connected factory characterized by productivity, agility, quality, and simplicity. With B&R's integrated automation and robotics solutions – including its machine-centric robotics solutions – customers will benefit from an unprecedented one-stop-shop opportunity.
To continue to meet customer demand, RA Transactions will invest approximately 5% annually in research and development to support the expansion of its product portfolio, with a focus on collaborative robots and their ease-of-use products, machine-centric robotics, digital factory automation, and artificial intelligence. The company also confirmed that its new state-of-the-art robotics plant in Shanghai, China, will be completed in 2021 and that it will expand its machine automation park by the end of 2020 to include an expanded development center in Egelsberg, Austria.
While some customers, including those in the car industry, have already introduced fully embedded robotic solutions in their factories, others, including those of healthcare, retail, and logistics companies, are just getting started. To expand into new additions and benefit from the expansion potential of the new mall, ABB Robotics & Discrete Automation also uses its partner ecosystem as an innovation multiplier.
In 2019, ABB announced a step toward robotic automation in healthcare in partnership with Texas Medical Center, which is developing new robotics technologies at ABB's first global healthcare research center. In addition, ABB helps its customers in the retail and e-fulfillment professions cope with the challenges of accurate order picking, picking individual packages from high-moving bulk items, and efficiently handling complex pallet loads by providing comprehensive logistics automation solutions.
In 2019, despite the flooding of some shopping malls, such as cars and machinery, and the overall slowdown in global economic growth, the matter was able to complete its resilience. ABB Robotics & Discrete Automation reported revenue of $3.3 billion last year and an operating EBITA margin of 11.9%.
|
More on that
|
Brilliant Enlightenment | The ABB Robotics Gigafactory was officially put into operation
On December 2, ABB held a commissioning ceremony in Kangqiao, Pudong, Shanghai, announcing the official opening of its leading robotics gigafactory.
● ABB invested US$150 million in a new robot factory covering an area of 67,000 square meters
● New production facilities and open innovation in collaboration with customers ...
|
|
ABB and IBM will strengthen cybersecurity for industrial operations
ABB and IBM today announced a collaboration focused on connecting cybersecurity and operational technology (OT). As the first result of this collaboration, ABB has developed a new OT security event monitoring service1 that combines ABB's process control system domain expertise with IBM's...
|
|
ABB and ETH expand partnership to advance research into the future of robotics
The new collaboration and a donation of 2.5 million Switzerland francs will help position Switzerland as one of the world's leading robotics research centers.
As part of ETH RobotX's strategic plan, ABB and ETH Zurich, Switzerland's leading research university, have established their research facilities in several ...
|
|
ABB strengthens its EV portfolio with the acquisition of Chinese EV charging provider Chargedot
ABB will acquire a 67% stake in Shanghai Chargedot New Power Technology Co., Ltd. ("Chargedot"), a leading electric vehicle solutions provider in China. The transaction is expected to close in the coming months, with the potential for ABB to further increase its stake over the next three years.
Since 2 ...
|
|
ABB participates in the World Artificial Intelligence Conference
Speaking at the World Artificial Intelligence Conference 2021, Dr. Shiming An, President of ABB's Robotics & Discrete Automation Division, demonstrated how ABB is using AI and robotics skills to transform the industry, enable new uses of automation beyond the scope of production, and then promote different economies.
|
|
ABB brings autonomous driving technology to the Port of Singapore
ABB has signed a landmark contract with Singapore shipyard Keppel Offshore & Marine to complete autonomous tugboat operations in 2020
ABB will partner with Keppel Marine and Deepwater Technology (KMDT), the skills arm of Keppel O&M.
|
|
Special report on the robot industry: the evolution trend of industrial robots from ABB
Industrial robots: gradually moving towards intelligence/generalization, and the prospects for industrial application are promising
Development history: industrial robots are moving towards intelligent/generalized development
The development process of industrial robots can be divided into three stages: technology embryonic stage (in the 50-60s of the 20th century, the first generation of industrial ...
|
|
ABB and Microsoft are partnering on energy efficiency to strengthen their commitment to a low-carbon society
ABB announced that Microsoft has joined its energy efficiency movement
The collaboration highlights a shared focus on reducing carbon emissions from operations and promoting industrial decarbonization
ABB announced today that Microsoft has joined its energy efficiency movement. #energyefficiencymovement was launched by ABB in March 2021 and ...
|
|
"Everyone should feel like they have the same opportunities" – ABB CEO Björn Rosengren on women in engineering
Today's International Day for Women in Engineering highlights the need for greater diversity in the workplace and the need for girls and women to study STEM (science, technology, engineering, mathematics) subjects
ABB CEO Björn Rosengren and Chief Human Resources Officer Carolina Granat at AB ...
|
|
OLA will deploy ABB robotics and automation solutions in its large factory for electric scooters
ABB's remote digital connectivity and monitoring technology will be based on Ola's proprietary AI engine and technology stack.
Ola, one of the world's leading mobility companies, today announced that it has selected ABB as its main partner for robotics and automation solutions for its large-scale factories in India ...
|
|
ABB acquires the ASTI Mobile Robotics Group to drive the next generation of flexible automation with autonomous mobile robots
ASTI is a global leader in high-additivity autonomous mobile robot (AMR) malls with a broad portfolio of vehicles and software
The acquisition adds robotics and machine automation solutions to the offering of a combined automation portfolio that further expands into new areas of work
AMR Business ...
|
|
ABB will lead France's largest turnkey project for shore-to-ship solutions
The lead consortium is ABB to provide shore-to-ship power connections for ferries and cruise ships in the Port of Toulon
ABB's shore power connection technology reduces emissions and noise during port stays
Future-proof onshore energy storage systems allow for the management of fluctuations in energy demand from the local grid and the utilization of emerging renewable energy sources
Earth...
|
|
ABB completes the divestiture of two electrification joint ventures in Shanghai
ABB has completed the sale of its entire stake in two electrification joint ventures, Shanghai ABB Circuit Breaker Co., Ltd. and Shanghai ABB Guangdian Electric Co., Ltd., to a majority-owned subsidiary of Shanghai Optoelectronics Group (SGEG), which is a joint venture of ABB. The risks of both companies ...
|
|
ABB robots increase automation in the solar industry
Producing a solar collector every six minutes, ABB robots make Absolicon's solar technology a cost-competitive alternative to traditional heating.
In order to achieve the transition to a sustainable society and conserve resources, the production of solar collector panels must be precise, efficient and ...
|
|
ABB publishes ABB Reviews, focusing on digital solutions
The new chart showcases some of the most exciting innovations in ABB's AbilityTM portfolio of digital solutions
The article by ABB experts examines key use cases for the Industrial Internet of Things (IoT) to enable better decision-making at scale
Readers are invited to provide feedback on the journal's future editorial direction ...
|
|
ABB shareholders approved all proposals at the 2021 Annual General Meeting of Shareholders
Dividends and remuneration of the Board of Directors and the Executive Committee have been confirmed. Shareholders also approved a reduction in capital through the cancellation of shares repurchased under ABB's share repurchase program.
ABB's shareholders have approved all proposals from the company's board of directors at the 2021 Annual General Meeting of Shareholders. Due to the special ...
|
|
Behind the high quality and delicious | ABB helps Tianwei Food Smart Factory achieve digital transformation
1. ABB Robotics strives to build a smart factory for Tianwei Food, providing a series of automation solutions such as intelligent feeding, intelligent packaging, intelligent warehousing, and intelligent traceability for its post-packaging process
2. Since it was put into operation, the single-line production capacity of the smart factory has increased by more than two times, and the per capita efficiency has increased by more than 6 times.
|
|
ABB's number one Switzerland company in terms of patent filings in 2020
With 678 patent applications, ABB has filed more applications with the European Patent Office than any other Switzerland company, underlining its position as a leading technology company.
ABB has once again been ranked first among Switzerland companies in the 2020 European Patent Office (EPO) list of patent applicants. ABB has been established in ...
|
|
ABB divested its mechanical power transmission division (Dodge) to RBC Bearings for $2.9 billion
The deal creates a leading manufacturer of highly engineered performance-critical bearings and motion control components
The transaction is expected to close by the end of 2021
Cash proceeds are used based on capital allocation priorities
ABB today announced that it has signed a definitive agreement to transfer its mechanical power transmission to the ...
|
|
ABB makes a donation to the World Children's Fund
At a time when many children around the world are at particular risk due to the COVID-19 pandemic, ABB is providing 1 million Switzerland francs to support charitable causes.
As part of its efforts to promote social progress, ABB is renewing its partnership with the World Children's Fund (UNICEF) to help the world ...
|
|
Contact
working hours
