ABB focuses research and development to drive growth
“As a part of this process, we are creating four global virtual laboratories; Industrial Processes and Automation, Power Technologies, Engineering and Manufacturing Technologies and Oil and Gas Technologies," said Bayegan. "This means linking our researchers up with one another, universities we collaborate with and partner organizations in a fully networked, online environment. It’s a natural step in today’s more open world, with IT providing for efficient communications between researchers and collaborators."
ABB spent around 3 percent of revenues, or US$ 700 million, on R&D in the year 2000. Some 6,000 scientists and technology specialists work in ABB Group R&D laboratories and divisional R&D centers around the world. In Europe, the shift in focus is coupled with a decrease from 760 to 550 scientists in Group R&D labs. In the United States and Asia, Group R&D staffing will grow from 25 to 100 scientists in the new technology areas. This means a net decrease of 135 scientists in Group R&D centers. Industrial IT is ABB’s architecture for ensuring that the products, installations and software systems in a factory or an electrical utility grid - to take two examples - are built to a shared information standard, and can communicate as integral parts in an operational platform that allows online optimization in real time. Industrial IT-enabled products range from high- and low-voltage electrical equipment to motors, drives, and sophisticated operations management systems in plants.
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