chinas reform agenda offers huge market for power automation
Last Updated : GMT 02:11:59
Arab Today, arab today
Arab Today, arab today

China's reform agenda offers huge market for power, automation

Arab Today, arab today

Arab Today, arab today China's reform agenda offers huge market for power, automation

China flag
Wuhan - XINHUA

The global industrial sector and Chinese economy have both entered a new phase of development, and China's reform agenda offers huge potential for improving the industrial sector, according to Ulrich Spiesshofer, CEO of ABB Group, a leading global power and automation company.

"If you look at what's happening at the moment around us in the automation industry, we are facing the fourth industrial revolution featuring the smart use of the Internet in the industrial context," said Spiesshofer at the ongoing ABB Automation World 2016, which showcases the most recent advances in the power and automation sector.

Spiesshofer explained about the shift in the sector to connect machines, services and people with the Internet, or "Internet of Things, Services and People" (IoTSP).

IoTSP enables us to integrate things that generate big data, then collect and analyze this data to help improve productivity and reliability, he said.

For example, we have robots in our factories that have sensors that send signals to our cloud repository service to be analyzed, Spiesshofer explained. Our technicians use the resultant data to optimize production, he added.

This smart sensor solution was first shown at April's industrial fair in Hanover, Germany. The system can transform simple motors into intelligent machines capable of sending real time operational information, thus, avoiding unexpected breakdowns and optimizing performance.

Spiesshofer believes that together with the global industrial changes, China's reform agenda, as outlined in the 13th Five-Year Plan, offers myriad opportunities for pioneering technology.

He predicted that energy structure evolution and growth of renewable energy will be a huge area of growth in China. In addition, demand for new technology and services in this regard will also be high.

Spiesshofer is upbeat about the Chinese market as the "Made in China 2025" manufacturing upgrade will need more power and automation technology support, as well as projects related to urbanization and the Belt and Road Initiative.

"ABB's presence in China has been a success story in the past 100-plus years with over 14 billion yuan (2.14 billion U.S.dollars) cumulative investment. We have a firm commitment to expand continuously in China and are ready to participate in China's reform agenda to improve productivity to the next level," he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas reform agenda offers huge market for power automation chinas reform agenda offers huge market for power automation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas reform agenda offers huge market for power automation chinas reform agenda offers huge market for power automation

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday