< Key Hightlight >

ABB is top of the thematic screen of GlobalData’s industrial automation scorecard, thanks to strong scores across eight out of nine technology themes. The company has received ratings of 5 out of 5 for artificial intelligence (AI), Industrial Internet, robotics, and digital twins, and scores of 4 out of 5 for cybersecurity, wearable tech, edge computing, and the future of work.

Scope

This sector scorecard provides a top-down, comprehensive outlook for the key players in the industrial automation sector over the next two years, based on the key themes set to transform their industry landscape.

Key Highlights

The only theme in which ABB received a negative score was COVID-19, where it scored 2 out of 5. The pandemic has reduced industrial activity in many countries, although demand has improved over the last few months. ABB’s revenues for the year ended December 2020 were down 7%, but the company reported 11% revenue growth in the first three months of 2021 as market activity recovered.

Reasons to buy

Companies that invest in the right themes become success stories; those that miss the big themes end up as failures. Given that so many themes are disruptive, it is very easy to be blindsided by industry outsiders that invade your sector. 

To help our clients gain a competitive advantage, we have developed GlobalData’s thematic research ecosystem. This single, integrated global research platform provides an easy-to-use framework for tracking all themes across all companies in all sectors. 

This report is a sector scorecard, which identifies those companies most likely to succeed in a world filled with disruptive threats.

Companies mentioned

ABB 

Accenture 

Alibaba 

Alphabet 

Amazon 

Aveva 

Bosch 

Capgemini 

Cisco 

Cognex 

Cyberdyne 

Danaher 

Emerson Electric 

Ericsson 

Estun Automation 

FANUC 

GE 

Harmonic Drive 

Hitachi 

HollySys Automation 

Honeywell 

Huawei 

IBM 

Intuitive Surgical 

Kawasaki Heavy 

Keyence 

KUKA 

Microsoft 

Mitsubishi Electric 

Nachi Fujikoshi 

NEC 

Nokia 

Ocado 

Omron 

Oracle 

PTC 

Rockwell Automation 

Roper Technologies 

SAP 

Schneider Electric 

Seiko Epson 

Siasun Robot 

Siemens 

Software AG 

Sony 

Stryker 

Tata Consultancy Services 

TE Connectivity 

Teradyne 

Wipro 

Yaskawa 

Yokogawa Electric