ABB in numbers 2023
Our business areas
How we do business
Guided by our purpose, our businesses are empowered to create superior value through our decentralized operating model - the ABB Way - which fosters greater accountability, transparency and speed.
Innovation
Technological innovation has been the driver of ABB’s growth and success since the late 19th century. We invest around 4 to 5 percent of our annual revenues in R&D and, together with our customers and partners, we push the boundaries of technology to make how we work, produce, move and live more sustainable.
Sustainability
Sustainability is at the core of ABB’s purpose and value proposition. In collaboration with our customers, suppliers and partners, we are enabling a low-carbon society, preserving resources and promoting social progress for a net-zero future.
History of ABB
For more than 140 years, ABB has been pioneering technologies that make our modern world possible.
