Peter Terwiesch - President of Process Automation, ABB - ARC Forum Executive Interviews
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President, Process Automation business area, Abb
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“we've basically said by 2030 which what we do between now and 2030 we want to help our customers reduce their emissions by a hundred megatons per year so a very quantitative target and if 100 megaton sounds like an undigestable number this is roughly the equivalent of 30 million uh conventional ie combustion engine veh...”
“from my perspective the opportunity lies in the operations data which today is only used to a maximum of 20 percent and where with the right toolbox and the right capabilities using the toolbox there's a potential to improve operations to up to 30 productivity uh in the data”
“Our customers have helped us to not only remain the global number one in distributed control systems for now over 20 years, but to even increase our share over the past decade honoring our concept of evolution without obsolescence that protects their investment that they make in abb technology.”
“We're confident to get there by prioritizing quality of revenues before growth, which means focusing on high own value-added business and being able to say no to projects that have too low an abb content to make sense for us.”
“We first of all see a lot of opportunity to contribute as a company with the competencies we've acquired and built over many years and basically what we're seeing globally is an accelerated shift towards more electrification both in industrial production processes more generally but also in the context of our conversat...”
“What customers are typically telling us is that human error, rotating machinery and power outages tend to be among the top causes of the unplanned shutdowns and our analysis and collaboration with customers suggest that about 80 percent of that you can mitigate and it's through a combination of working the electrificat...”
“if you look at the decarbonization mega trend as an example there's a project we're currently executing in Australia and it's the first hydrogen liquification and export terminal where basically clean hydrogen produced in Australia is prepared for export to Japan that's something where we do the complete electrical aut...”
“we're in quote unquote sipping our own champagne so what you see here is actually a customer of ours who is actually ABB so this is what we call a mission zero where we basically combine the technologies that we provide to our customers and have now come for our first facility to be entirely co2 neutral in terms of its...”
“digitalization as we talk about it today really enhances the collaboration with our customers much more closely at all these stages that the plan the build and the operate and optimize stages it also eases partnerships which i think is very important”
“in 2016 we've launched ABB ability as a unified cross industry platform that connects a lot of information but more importantly it connects us a lot closer to our customers through the different stages of the lifecycle of a customer's investment”
“I am NOT a believer in the lights out factory which was visioned in the 80s and never materialized. I firmly believe that it will actually be those things and the services enabling people to take better decisions more informed decisions about a wider scope also commercially closing the next loop on the business level a...”
“I think a very strong potential for almost everyone is adding services to an existing installation that you already have supporting your installed base with better services with remote collaboration so that for instance you can draw on the expertise of someone who may be part of your own corporation and sitting at a di...”
“industry for dot 0 is about enabling business innovation through how we digitally connect the things the services and the people”
“I personally am convinced that the best way to predict what the Internet of Things services and people will be is to create it”
“I personally am convinced that the best way to predict what the Internet of Things services and people will be is to create it.”
ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure and cities. Our coverage ofΒ ...
Part 4 of our CMD on November 19, 2020, providing insight into the evolution of ABBβs portfolio and the companyβs new way of working under the ABB Way, while providing a closer look at the strategies of our businesses. Chapters: 00:00 Introduction to Peter Terwiesch, President Industrial Automation 21:52 Brandon Spencer, President Energy Industries 36:58 Q&A
Peter Terwiesch, president of ABB's industrial automation business, discusses the effect of the pandemic on industry digitalization.
The current energy landscape is on the cusp of change with new-age electrification and electronic mobility beginning to takeΒ ...
The Business and Sustainability Case for Digitalisation This keynote shifts the conversation toward the business rationale of sustainability measures and how Industry 4.0 technologies contribute to the triple bottom line for organisations (economic, social and environmental). This keynote will include a case reference from an end-user organisation that explains how technology and digitalization fits into their future vision for next level sustainability. Peter Terwiesch, President β Industrial Automation, ABB, Switzerland To fully engage in this and other presentations, please go to https://β¦
ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure and cities. Our coverage ofΒ ...
ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. Our coverage of technology and trends extends from business systems to product and asset lifecycle management, supply chain management, operations management, energy optimization and automation systems. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today.
ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. Our coverage ofΒ ...
ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. Our coverage of technology and trends extends from business systems to product and asset lifecycle management, Industrial IoT, Industry 4.0, supply chain management, operations management, energy optimization and automation systems. Our analysts and consultants have the industry knowledge and the first-hand experience to help find the best answers to the complex business issues facing organizations today. Contact us: http://www.arcweb.com/pages/info-requ... Subscribe to our channel:β¦
ABB's Americas President Greg Scheu and Peter Terwiesch, president of Process Automation discuss ABB's approach to the IIoT.
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