ABB named “2013 Company of the Year” in automation and control market for emerging sectors

Frost & Sullivan confers award in recognition of ABB’s excellence in innovation, growth strategy and implementation, customer value and market penetration in Southeast Asia, Australia and New Zealand
Singapore, April 9, 2013 – ABB, the leading power and automation technology group, announced that it has received Frost & Sullivan’s prestigious “2013 Company of the Year” award in the automation and control market for emerging sectors.

Frost & Sullivan, a leading global research organization monitoring and analyzing more than 300 industries for 50 years, selected ABB for its focus on emerging end-user sectors such as alternative energy sources, pharmaceuticals, data centers and smart grids.

“ABB has been quick to identify and enter into new growth areas,” says Haider Rashid, the Head of ABB in Southeast Asia and Oceania. “This award recognizes our engineering competency in this part of the world, and our ability to effectively penetrate emerging sectors to deliver gains in productivity and energy efficiency.”

Automation and control is a mature industry and constantly seeks growth from new and emerging end user sectors. “ABB has demonstrated a successful and focused growth strategy for these emerging industries by understanding customer needs and providing a wide range of product and technology solutions,” said Frost & Sullivan’s Vandhana Venkatesan, Senior Research Analyst for Asia Pacific Industrial Automation and Process Control Practice. Through its well-established geographical presence, investment in R&D for innovative and sustainable solutions and specific focus on renewable energy and smart grid, ABB has emerged as the market leader in the region, she added.

ABB’s control systems and products for the process industry, namely System 800xA® Extended Automation, Essential Automation Freelance system and Compact Product Suite, are installed in major process, consumer and manufacturing facilities, including data centers and pharmaceutical plants. Based on Frost & Sullivan’s latest DCS analysis*, ABB is the largest distributed control system (DCS) supplier in the world with 23.3% market share. In Southeast Asia, Australia and New Zealand, ABB’s control systems can be found in installations such as Singapore District Cooling and REC (Renewable Energy Corp.) (Singapore); PTT Gas and Petro Green (Thailand); Weimin Environment Protection Equipment Co., Ltd. and Shandong Best Chemical Co., Ltd. (China); Acme Solar Ltd. and Tata BP Solar (India); PNOC Energy Development Corp. geothermal plant (Philippines); AnaeCo waste management (Australia); and Genesis Energy (New Zealand).

“We are honored by the recognition Frost & Sullivan has given ABB,” said Paul Dennis, group vice president, Control Technologies, ABB. “This distinction spurs us to push beyond the boundaries of traditional automation. With data centers consuming as much energy as some process and manufacturing industries, the market stands to reduce energy consumption through the use of ABB’s automation and control solutions.”

* 2012 Global Distributed Control System Market Analysis, Frost & Sullivan

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.

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. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion.
Paul Dennis, ABB Control Technologies group vice president, receiving the award from Cindy Gan, director, Frost & Sullivan.

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