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 ElectrificationandAutomation 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.
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

What are ABB's business model and service classifications?

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
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