ABB and IBM have announced a collaboration focused on connecting cybersecurity and operational technology (OT). As a first result of this collaboration, ABB has developed a new OT Security Event Monitoring Service that combines ABB’s process control system domain expertise with IBM’s security event monitoring portfolio to help improve security for industrial operators.
In a growing market expected to reach $17.4 billion globally by 2023, a market analysis report by the ARC Advisory Group, a leading industry analyst firm, confirms that ABB increased its share of the distributed control system (DCS) market to 20.0 percent, retaining its leadership position for the 20th year running.
High Reliability Organizations (HRO’s), such as air traffic control, are said to exhibit a ‘chronic sense of unease’ towards serious accident hazards, and this trait is something that the process industry is striving towards to combat the commonly identified peril of ‘complacency.’
The AXR 5000 and 5800 large AC NEMA motors from ABB are said to deliver an average of 15 percent more horsepower per pound over conventional TEFC designs but with a smaller frame size in some power ratings.
ABB has won a multi-million-dollar order to modernize a major oil refinery in Kazakhstan, as the Republic’s ‘Digital Kazakhstan’ program seeks to elevate economic sectors including the oil, gas and chemicals industry and accelerate growth nationally with digital technology.
The Board of ABB has unanimously appointed Björn Rosengren, as chief executive officer. He will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1, 2020.
A growing number of organizations are becoming increasingly aware that functional safety issues need to be managed in a systematic way in order to ensure safety lifecycle requirements are being met.
Visitors to the iconic Niagara Falls will soon be able to experience one of the world’s top landmarks emission-free. Two new Maid of the Mist passenger vessels will be powered entirely by high-capacity battery packs, becoming the first all-electric vessels ever built in the U.S.
ABB’s Dodge expanded split taper sheave offering is said to allow users to simultaneously reduce costs and increase belted drive speed range options. Standardization on one readily available common groove profile results in reduced inventory carrying costs.
Freelance 2019 is an upgraded version of the distributed control system (DCS) solution for process industries originally launched in 1994 by ABB. Freelance combines the advantages of a DCS with Programmable Logic Controllers (PLC) and is characterized by ease of use, scalability, flexibility and reliability, the company says.