What is ABB's business focus and history?
ABB is a publicly traded company based in Zurich, Switzerland, founded in 1988 by Ludvig Fredholm, Charles Eugene Lancelot Brown, and Walter Boveri. It operates in the electrification and automation industry, offering products like Azipod® Electric Propulsion, ABB Ability™, and YuMi®. ABB has approximately 110,000 employees and reported revenues of $32.9 billion in 2024. The company has 110 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like Siemens, General Electric, and Schneider Electric.
ABB Corporate Details & Core Services
ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. With a history spanning over 140 years, ABB operates in more than 100 countries with approximately 110,000 employees.
ABB Contact Information & Official Links
Website
https://www.abb.com
Social
Head office address
Zurich, , Switzerland
Tags
Electrification
Automation
Robotics
Industrial Automation
Power Grids
What are ABB's Key Business Metrics & Stats?
No of employees
110000
Founded year
1988
Type
public
SAICS CODE
3621
NAICS Code
335312
Industry
Electrification and Automation
Location
Zurich, Switzerland
Stock Name
ABB (SIX Swiss Exchange), ABB (Nasdaq Stockholm), ABB (OTC Markets Group)
ABB
ABB (SIX Swiss Exchange), ABB (Nasdaq Stockholm), ABB (OTC Markets Group)
Firmographic Snapshot
2026
1988
Founded Year
110000
Global Employees
Switzerland
Headquarters
Electrification and Automation
Industry
Public
Type
Verified by
DexterAgent.ai
How much funding has ABB raised to date?
Name
Description
Latest Valuation
0 (USD)
What are ABB's Core Products?
Name
Description
Azipod® Electric Propulsion
A family of electric propulsion systems that provide thrust and steering functions for ships, enhancing maneuverability and fuel efficiency.
ABB Ability™
A digital platform offering a range of solutions for industrial digitalization, including asset health and performance management.
YuMi®
A collaborative dual-arm robot designed for small parts assembly, enabling safe human-robot collaboration.
What are the latest developments at ABB?
Date
Type
Description
December, 2024
Acquisition
ABB acquired Solutions Industry & Building (SIB) to expand its cable protection systems.
September, 2025
Investment
ABB announced plans to invest $110 million in U.S. manufacturing to expand R&D and production of advanced electrification solutions.
June, 2023
Acquisition
ABB acquired Eve Systems, a smart home device maker, to strengthen its smart home technology portfolio.
What are ABB's official legal and registration details?
Name
Description
Legal Name
ABB Ltd
Cin number
GST number
Registration number
Who is in ABB's executive leadership team?
Name
Designation
CEO
Morten Wierod
Chairman
Peter Voser
Where are ABB's primary office locations?
City
Country
Zurich
Switzerland
Västerås
Sweden
Auburn Hills
United States
Shanghai
China
What are the current business signals and market intelligence for ABB?
Spending next 3 months
R&D investment, Manufacturing expansion, Digitalization initiatives
Pain points
Energy efficiency, Sustainability, Industrial automation, Digital transformation
Sales motion
Direct sales, Channel partners, Online sales
Buyer Persona
Industrial engineers, Facility managers, Procurement officers
Type of customer
Utilities, Industrial, Transportation, Infrastructure
Key customer domain
What is ABB's annual revenue history?
Year
Revenue (USD)
2024
32.9 Billion
What are ABB's risk management and compliance ratings?
GDPR RIsk
Yes
Privacy Risk
Yes
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
Yes
Mobile App
No
Retail
No
B2B
Yes
B2C
No
Manufacturing
Yes
Wholesale
No
Importer
No