Companies & Markets

ABB completes divestment of its Full Service / Industrial Maintenance business

Featured Image -- 15This marks an interesting retreat from services by a major player. Probably the business had too few visible synergies with the product/technology business and margins (maintenance outsourcing) were too low. ABB presumably did not think that working closely with customers on reliability and productivity issues -in light also of new technologies- is an interesting market positioning. Highlights how large system integrators and product dominant companies have difficulty harnessing the service opportunity.

Read more at ABB



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