ABB-IBM partner in industrial AI solutions
ABB and IBM announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB Ability, with IBM Watson Internet of Things (IoT) cognitive capabilities to unlock new value for customers in utilities, industry and transport and infrastructure.
ABB Group to acquire B and R
ABB Group announced the acquisition of Bernecker + Rainer Industrie-Elektronik GmbH (B&R), the largest independent provider focused on product and software-based, open-architecture solutions for machine and factory automation worldwide. Founded in 1979, B&R generates sales of more than $600 million (2015/16) in the $20 billion machine and factory automation market segment.
ABB looks to make India power export hub
Swiss giant ABB as part of its increased India focus is looking at making India an export hub for power and automation technology solutions. The power major will scout for opportunities in software engineering, software applications and artificial intelligence through its newly launched venture capital arm, ABB Technology Venture.
Reinforcing its commitment to internet of things (IoT), services and people, ABB group announced the appointment of Guido Jouret, a pioneer of the Internet of Things, as its Global Chief Digital Officer, reporting to ABB group´s CEO Ulrich Spiesshofer, effective October 1, 2016
ABB has appointed Sami Atiya to its Executive Committee as President of the Discrete Automation and Motion (DM) division, effective June 13, 2016
Leading power and automation technology group ABB India Ltd, has appointed current Managing Director Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016.