The ABB Ability™ DCS platforms combine unified,
cross-industry digitization with self-learning capabilities to
drive smarter, faster, and simpler decision-making.
SANTA CLARA, Calif.,
Jan. 10, 2018 /PRNewswire/ -- Based
on its recent analysis of the Distributed Control Systems (DCS)
industry, Frost & Sullivan recognizes ASEA Brown Boveri (ABB)
with the 2017 Global Company of the Year Award for its innovative
process automation systems. Connecting 70 million smart devices
through 70,000 control systems, ABB has one of the largest
installed bases of process automation systems when compared to
other automation vendors.
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Despite several challenges in 2016, the global investment
climate is improving following a rise in oil and commodity prices,
accompanied by upswings in automation projects that will boost
production capacity and improve productivity. However, as end user
projects grow in size and complexity, the financial risk posed by
the inability of end users to execute projects as planned has
intensified over the past several years. There is a growing
inability to deliver capital projects on schedule and within
budget. In this scenario, the primary concern of end users lies in
deploying their resources cost-effectively, while attaining higher
return on capital employed.
"ABB stays abreast of critical issues, targeting transformative
trends like Urbanization, Digitization and Innovation to Zero, to
develop industry-specific DCS solutions that create new
opportunities and value for their customers," said Ram Ramasamy,
Consulting Manager, Frost & Sullivan. "This approach has
allowed ABB to stay ahead of the competition and retain pole
position in the DCS market."
Industries, such as oil and gas, chemicals, power,
pharmaceuticals, steel, water, mining, food and beverage, are
moving towards digital operating environment to improve
performance, productivity, and cost-effectiveness. ABB recently
launched its AbilityTM platform, which provides unified,
cross-industry digital capability—extending from device to edge to
cloud—across devices, systems, solutions, and services. Unlike
competing solutions, ABB also added self-learning capabilities to
its solution that allows the system to harvest data, take control,
and facilitate users to do more with less.
As part of its ABB Ability solutions, ABB released its Select
I/O, an Ethernet-based single channel I/O solution that can be
configured in the field. This allows each I/O channel to remain
flexible and "undeclared" until very late in the project, often
until just before the commissioning phase. This effectively
decouples I/O hardware engineering from software design, which
significantly lowers development costs and shortens the time to
market for new/modernization projects.
ABB offers two ABB Ability DCS product lines along with customer
support programs and a Value Provider Program (VPP):
- ABB Ability System 800xA and ABB Ability Symphony® Plus — Both
industry-leading DCS solutions support customers by driving gains
in performance, productivity, efficiency, and safety throughout the
end user business operations lifecycle, from the planning stage to
the lifecycle OPEX stage. Symphony Plus is tailored to the power
generation and water industries, whereas System 800xA caters across
all other industries.
- ABB Ability Collaborative Operations — Customers connect
instantaneously to a subject-matter expert from ABB for timely help
and assistance 24/7. Problems are solved before they become
failures by utilizing data insights and advanced analytics, and
through remote collaboration that enables real-time customer
interaction.
- ABB Value Provider Program (VPP) — This one-of-a-kind program
develops ABB's third-party channels, including distributors, system
integrators, panel builders, and service providers. With the help
of this program and a wide net of third-party providers in addition
to its internal sales organization, ABB ensures close proximity to
its end users to reduce the response time to its clients' sales,
support, service, and engineering needs.
"The VPP adds significant value for ABB's customers. The
third-party provider's in-depth knowledge about local markets,
coupled with expertise in ABB's products, enables it to function as
an extension of ABB, resulting in extensive coverage in targeted
regional segments," said Ramasamy.
ABB equips industrial customers with digital technology and a
cloud platform to empower every person, team, and business system
within an organization to glean new insights and drive smarter,
faster and simpler decision-making, thereby helping every customer
seize new growth opportunities. By offering ultimate flexibility in
the field, ABB sets a new standard in the execution of automation
projects. With its strong overall performance in both innovation
and market leadership, ABB is recognized with Frost &
Sullivan's 2017 Global Company of the Year Award.
Each year, Frost & Sullivan presents a Company of the Year
award to the organization that demonstrates excellence in terms of
growth strategy and implementation in its field. The award
recognizes a high degree of innovation with products and
technologies, and the resulting leadership in terms of customer
value and market penetration.
Frost & Sullivan Best Practices awards recognize companies
in a variety of regional and global markets for demonstrating
outstanding achievement and superior performance in areas such as
leadership, technological innovation, customer service, and
strategic product development. Industry analysts compare market
participants and measure performance through in-depth interviews,
analysis, and extensive secondary research to identify best
practices in the industry.
About ABB
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in
electrification products, robotics and motion, industrial
automation and power grids, serving customers in utilities,
industry and transport & infrastructure globally. Continuing
more than a 125-year history of innovation, ABB today is writing
the future of industrial digitalization and driving the Energy and
Fourth Industrial Revolutions. ABB operates in more than 100
countries with about 136,000 employees. www.abb.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in
collaboration with clients to leverage visionary innovation that
addresses the global challenges and related growth opportunities
that will make or break today's market participants. For more than
50 years, we have been developing growth strategies for the global
1000, emerging businesses, the public sector and the investment
community.
Contact:
Ana Arriaga
P: 210.247.3823
F: 210.348.1003
E: Ana.Arriaga@frost.com