Utilities Industry News

ABB and IBM announced a strategic collaboration that brings together ABB’s digital offering, ABB Ability, with IBM Watson Internet of Things cognitive capabilities to unlock new value for customers in utilities, industry and transport and infrastructure. Customers will benefit from ABB’s domain knowledge and portfolio of digital solutions combined with IBM’s expertise in artificial intelligence and machine learning as well as different industry verticals. The first two joint industry solutions powered by ABB Ability and Watson will bring real-time cognitive insights to the factory floor and smart grids. The new suite of solutions developed by ABB and IBM will help companies address in a completely new way some of their biggest industrial challenges…

ABB has launched Stage 3 of its so-called “Next Level” strategy which aims to drive company-wide growth via four entrepreneurial divisions, while realizing the group’s full digital potential and improving operational efficiencies. “Over the last two years, ABB has become faster, leaner and more efficient. We have continuously improved margins and further strengthened our cash generation,” said ABB CEO Ulrich Spiesshofer. Effective January 1, 2017, ABB will shape its divisional structure into four divisions: Electrification Products…

ABB and Microsoft Corp. announced a strategic partnership to help industrial customers create new value with digital solutions. The offering is a unique combination of the Microsoft Azure intelligent cloud and ABB’s domain knowledge and extensive portfolio of industrial solutions. The two partners are looking to empower digital transformation in customer segments such as robotics, marine and ports, electric vehicles and renewable energy. By selecting Microsoft Azure as the cloud for its integrated connectivity platform, ABB’s customers will now have access to an enterprise-grade cloud infrastructure that benefits from billions of dollars of ongoing investment.

ABB has appointed Guido Jouret as Chief Digital Officer, reporting to ABB’s CEO Ulrich Spiesshofer, effective October 1, 2016. Jouret, a pioneer of the Internet of Things, will lead the next level of development and deployment of ABB’s digital solutions for customers globally and across all businesses. Jouret is a citizen of both the United States and Belgium, with long experience in Silicon Valley. He served for 20 years at Cisco after obtaining a PhD in Computer Science. His most recent role at Cisco was as General Manager of the Internet of Things division, which aims to connect billions of devices to the internet across a wide range of industries.

Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that the 3DEXPERIENCE platform now extends the support of XMpLant with an integrated high-performance software tool providing interfaces to the major process plant and ship design systems used by the energy, process and utilities and the marine and offshore industries. Companies can transfer legacy engineering models with associated intelligent information to the 3DEXPERIENCE platform in order to improve collaboration, design time, productivity and operations.

Danish wind farm developer DONG Energy, which analysts value as high as $13 billion, said on Thursday it plans to list its shares on the Copenhagen stock exchange this summer. Having built more than a quarter of the world's offshore wind farms, the company is a major player in Britain and Germany and has recently opened offices in the United States and Taiwan to cater for new growth markets. With a potential valuation as high as 85 billion Danish crowns (11.4 billion euros), Dong…