ABB appears to pricing, acquisitions to spice up course of automation revenue By Reuters

Date:



© Reuters. A lady walks previous the emblem of Swiss energy expertise and automation group ABB forward of a information convention to current the corporate’s full-year ends in Zurich, Switzerland February 8, 2017. REUTERS/Arnd Wiegmann/Information

ZURICH (Reuters) – ABB is aiming to additional increase profitability in its course of automation enterprise via pricing, acquisitions and strict price administration, the Swiss engineering firm mentioned on Wednesday, forward of its capital markets day for the division.

The corporate mentioned it deliberate to develop the enterprise by serving to extra firms handle the vitality transition and boosting its digital enterprise.

“Course of Automation at present already generates roughly $500 million in orders from industrial software program and digital providers and expects continued double-digit development on this space,” it mentioned in a press release.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

7 Bizarre Details About Black Holes

Black holes are maybe probably the most...

Deal with and Optimize Massive Product Catalogs in Magento

Dealing with and optimizing giant product catalogs in...

Assembly Minutes Matter — My Suggestions and Methods for Be aware-Taking

I've taken my justifiable share of notes as...