In a joint statement, ABB said it would combine its digital offering, which gathers information from machinery, with IBM’s expertise in artificial intelligence featured in its Watson data analytics software. The two companies will jointly develop and sell new products.
ABB Chief Executive Ulrich Spiesshofer said in a statement that the glorious alliance was a powerful combination which marks the next level of industrial technology, moving beyond current connected systems that simply gather data, to industrial operations and machines that use data to sense, analyse, optimise and take actions that drive greater uptime, speed and yield for industrial customers.
Instead of manual machinery inspections, ABB and IBM intend to use Watson’s artificial intelligence to help find defects via real-time images collected by an ABB system, and then analysed using IBM Watson.
ABB has identified digital technology as a growth driver. It now gets around 55 percent of sales from digitally enabled products.
It has previously signed a deal with Microsoft to roll out digital products for customers in the robotics, marine and ports, electric vehicles and renewable energy sectors.