Industrial Automation Sector Scorecard Q1 2021 Update – Thematic Research
- Pages: 13
- Published: May 2021
- Report Code: GDTMT-TR-R315
ABB is top of the thematic screen of GlobalData’s industrial automation scorecard, thanks to strong scores across eight out of nine technology themes. The company has received ratings of 5 out of 5 for artificial intelligence (AI), Industrial Internet, robotics, and digital twins, and scores of 4 out of 5 for cybersecurity, wearable tech, edge computing, and the future of work.
This sector scorecard provides a top-down, comprehensive outlook for the key players in the industrial automation sector over the next two years, based on the key themes set to transform their industry landscape.
The only theme in which ABB received a negative score was COVID-19, where it scored 2 out of 5. The pandemic has reduced industrial activity in many countries, although demand has improved over the last few months. ABB’s revenues for the year ended December 2020 were down 7%, but the company reported 11% revenue growth in the first three months of 2021 as market activity recovered.
Reasons to buy
Companies that invest in the right themes become success stories; those that miss the big themes end up as failures. Given that so many themes are disruptive, it is very easy to be blindsided by industry outsiders that invade your sector.
To help our clients gain a competitive advantage, we have developed GlobalData’s thematic research ecosystem. This single, integrated global research platform provides an easy-to-use framework for tracking all themes across all companies in all sectors.
This report is a sector scorecard, which identifies those companies most likely to succeed in a world filled with disruptive threats.
Tata Consultancy Services
Table of Contents
Industrial automation sector scorecard