Home > Thomson Reuters recognises ABB as one of 2014’s Top 100 Global Innovators

Thomson Reuters recognises ABB as one of 2014’s Top 100 Global Innovators

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article image Ulrich Spiesshofer

Thomson Reuters has named ABB as one of the world’s top 100 innovators for a third year. The 2014 Top 100 Global Innovators award recognises companies around the world for their outstanding commitment to global innovation, the protection of ideas and the commercialisation of inventions.

Describing the recognition as a strong endorsement of their innovative capabilities, ABB Chief Executive Officer Ulrich Spiesshofer said that innovation is ingrained in the DNA of ABB and is a pillar of the organisation’s Next Level strategy.

Announced in September 2014, ABB’s Next Level strategy is expected to drive profitable growth through focused initiatives on market penetration, innovation and expansion (PIE).

ABB has announced several technology breakthroughs this year including the development of YuMi, the world’s first robot for full collaboration with humans; and a high-voltage direct current (HVDC) cable that more than doubles power capacity to about 2,600 megawatts (MW).

Designed for a new era of automation where people and robots work side-by-side in a safe environment, the YuMi robot will expand the market for robots built specifically to assemble products for the consumer electronics, computer and communications industries.

ABB HVDC cable innovation can span distances of up to 1,500km in subsea and underground applications, making it ideal for efficient power delivery through densely populated or environmentally sensitive areas.

The company also announced a project utilising the world’s first high-voltage switchgear technology that deploys a new insulation gas mixture as a substitute for sulphur hexafluoride (SF6). This breakthrough reduces the technology’s environmental footprint due to its extremely low potential to contribute to greenhouse gas releases.

ABB’s innovations are driven by an annual investment of $1.5 billion in research and development, as well as their 8,500+ technologists in more than 20 countries.

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