ABB is Clarivate Top Global Innovator for 5th time
Company News

ABB is Clarivate Top Global Innovator for 5th time

ABB recently got recognised as top global innovation leader for the fifth time in 10 years, by Clarivate Top 100 Global Innovator.

ABB has been named one of the world’s most innovative companies for 2021 by Clarivate, an analytics (including scientific and academic research), patent intelligence and compliance standards company.

This is the fifth award in 10 years for ABB. In 2020, ABB had increased research and development (R&D) and digital spend to 4.8% of group revenues, corresponding to around $1.3 billion.

Since 2012, Clarivate’s list has identified global innovators and celebrated companies and research institutions that excel at innovation. Using the same methodology every year, Clarivate analyses the patented ideas of over 14,000 entities for their levels of investment, impact and quality.

ABB is a global technology company that connects software to its electrification, robotics, automation and motion portfolio.

Written from a company news release.

Image source

ABB recently got recognised as top global innovation leader for the fifth time in 10 years, by Clarivate Top 100 Global Innovator. ABB has been named one of the world’s most innovative companies for 2021 by Clarivate, an analytics (including scientific and academic research), patent intelligence and compliance standards company. This is the fifth award in 10 years for ABB. In 2020, ABB had increased research and development (R&D) and digital spend to 4.8% of group revenues, corresponding to around $1.3 billion. Since 2012, Clarivate’s list has identified global innovators and celebrated companies and research institutions that excel at innovation. Using the same methodology every year, Clarivate analyses the patented ideas of over 14,000 entities for their levels of investment, impact and quality. ABB is a global technology company that connects software to its electrification, robotics, automation and motion portfolio. Written from a company news release. Image source

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000