Industry analyst ranks ABB at the top for DCS globally
A recent report, Distributed Control Systems Global Market 2018–2022, issued by the ARC Advisory Group has confirmed that ABB has retained its number one position in the market with a 20% market share, for the 19th year running.
The global market for distributed control systems (DCS), which is approaching US$16 billion, is one of the most technologically advanced and evolved markets in the world. ABB, which has 147,000 employees and operations in more than 100 countries, said that among several key factors driving success has been its dedication to innovation coupled with an innate understanding of the continued value of people in an increasingly automated environment.
Building on its global technology platform, the company approaches each local market with an in-depth understanding of the physical, regulatory and economic environment, enabling it to meet the specific DCS needs and requirements of customers and their operations across the world.
“As we head into our 20th year as the undisputed leader in DCS, we are shaping the Fourth Industrial Revolution with our automation solutions,” said Peter Terwiesch, President of ABB’s Industrial Automation division. “ABB’s continued annual investment of $1.5 billion in research and development enables us to unlock the significant benefits of digitalisation and make them accessible to our customers through our digital technologies. We help our customers to transform their performance in a digital world and further increase safety, productivity and energy efficiency throughout the asset life cycle.”
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