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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  ABB Ltd    ABBN   CH0012221716

ABB LTD

(ABBN)
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ABB : powers Singapore's digital economy

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08/06/2019 | 10:10am EDT

ABB has been selected by leading data center start-up, DODID, to deliver a comprehensive electrification and automation package for its flagship data center, which has 20 percent reduced cost of ownership.

Specializing in providing co-location services for companies looking for a value-added Uptime Institute Tier III Certified Cloud Service Provider, DODID is one of Singapore's newest and most progressive data centers, which has been established to support Singapore's Smart Nation program.

In a bid to provide smart digitalization capabilities to Singapore's transport, industrial and utility infrastructure as well as support growing consumer demand for more mobile data, the customized 3,600m2 (39,000sq foot) data center selected ABB and its leading-edge technologies to launch the flagship data center and further drive efficiency and reliability.

The six-month project has seen ABB supply complete electrification solutions and data center automation capabilities through its unified, cross-industry digital offering, ABB Ability™.

Ciaran Flanagan, Head of ABB's Global Data Center business comments: 'From design and planning through to construction, installation and commissioning, ABB has been with the client every step of the way to deliver a full, 360° product and service solution. This end-to-end project management enables DODID to have a competitive advantage in a mature market by operating as efficiently as possible and having greater resilience through improved uptime, speed and yield.'

ABB's electrification scope ranged from substation level to socket, including transformers, medium-voltage switchgear, circuit breakers, SMISSLINE TP, CMS-700 branch circuit monitoring devices, and industrial plugs and sockets.

ABB Ability™ Data Center Automation was selected as the industrial-grade Data Center Automation Suite to control and monitor electrical performance in real-time, as well as manage power remotely.

Through ABB data center digitalization tools, operators at DODID have acquired full knowledge of the electrical infrastructure and are able to leverage a comprehensive collection of data.

This deep and granular visibility has armed the teams with insight to make informed decisions for predictive maintenance, thereby optimizing the performance of the electrical infrastructure across the complete system.

Christopher Han, Managing Director of DODID comments: 'ABB's technological expertise has enabled us to embrace digitalization throughout our data center for greater productivity, scalability and agility. Through automation and granular visibility, we now have real time analytics and controls to help us monitor the full electrical infrastructure. We have been able to reduce cost of ownership by up to 20 percent.'

DODID makes a conscious effort to ensure that the facilities and projects do not create a negative impact on the environment. ABB's Data Center Automation tools allow managers to view and take daily energy meter readings, reduce costs and deliver sustainable business practices.

Flanagan from ABB concludes: 'We remain committed to helping our customers streamline and simplify their mission critical operations by implementing digitalization through the ABB Data Center Automation platform. This improves business continuity, delivers sustainable and profitable growth, and ultimately adds value to our customers by making their operations more effective'

The second phase of the build is currently underway and due to complete second half of 2019.

To learn more about this project, watch this case study video https://youtu.be/CJN32DvVtbM

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader with a comprehensive offering for digital industries. With a history of innovation spanning more than 130 years, ABB is today a leader in digital industries with four customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by its common ABB Ability™ digital platform. ABB's market-leading Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees. www.abb.com

Disclaimer

ABB Ltd. published this content on 06 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2019 14:09:06 UTC

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Financials (USD)
Sales 2020 24 434 M - -
Net income 2020 5 576 M - -
Net cash 2020 84,2 M - -
P/E ratio 2020 9,39x
Yield 2020 3,40%
Capitalization 52 315 M 52 342 M -
EV / Sales 2019
EV / Sales 2020 2,14x
Nbr of Employees 144 000
Free-Float 86,4%
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