ABB provides various asset optimization and management solutions, including Connected Asset Lifecycle Management (CALM), Asset Suite EAM, Ellipse EAM, Ellipse Select, ABB Fieldreach, Asset Health Center, Axis, LinkOne, and Critical Inventory Optimization. ABB products are designed to reduce regulatory risks by implementing configuration management protocols. ABB solutions provide a complete view of the client’s asset infrastructure and the workforce managing it.
USP : The company’s solutions (like Ellipse EAM) also allow clients to manage linear assets, fleet assets, and facilities while focusing on operational productivity. ABB offers its products to medium-sized and large enterprises. It relies on partnerships to deliver their services to clients. The company offers to deploy EAM solutions(like Ellipse EAM) either on cloud or on-premises platforms to deliver innovation for asset-intensive industries.
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ABB LTD Presence in Enterprise Asset Management Software
ABB is a global leader in power and automation control technologies. It offers asset management solutions serving the business requirements of asset-intensive industries such as mining, utilities, energy and power, and manufacturing. ABB EAM solutions ensure the supervision of physical assets throughout their lifecycle, right from design and operations to maintenance and recycling. ABB focuses on R&D activities and the company is increasing its R&D investment to meet rapidly changing customer requirements. In 2016, the company invested 3.84% of its annual revenue on R&D activities. The company has presence in Americas, Europe, and AMEA. It aims to strengthen its position in North America, as the company is already the largest supplier of EAM solutions in Asia and Latin America. ABB focuses on acquisitions to expand its presence in the EAM market. In July 2013, it acquired Power-One. In 2011 and 2010, the company acquired two leading EAM players – Mincom and Ventyx. Through acquisitions, ABB intends to lead in the EAM market and achieve financial targets, while improving customer service. IBM, SAP SE, and Oracle are some of ABB’s competitors.
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