Switzerland-headquartered multinational technology company ABB has announced a US$1 million ($1.35 million) investment to open a digital solutions and training centre in Singapore.
When the centre becomes fully operational by 4Q2023, it will be the first of its kind in Asia-Pacific for its business unit ABB Electrification Service, says ABB on June 27.
The centre will train some 100 to 150 ABB staff, partners and customers per year across the region to implement and operate digital solutions for electrical systems. ABB aims to increase this to 300 participants annually.
According to ABB, visitors to the centre will learn about scalable digital solutions that enable real-time energy usage monitoring for optimising energy use and meeting sustainability targets.
Stuart Thompson, global president of electrification service at ABB, says: “Attracting talent and ensuring our current domain and field service experts stay ahead of the curve when it comes to new technologies is one of the biggest challenges today. With our new training centre, we will equip participants with the necessary skills and resources.”
In February, ABB’s electric vehicle charging business raised additional funds from minority investors, including Porsche and General Atlantic, in a second and final round before listing the division.
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ABB itself is listed on the SIX Swiss Exchange.
The division, ABB E-Mobility, sold a 12% stake for 325 million Swiss francs ($489.53 million) to General Atlantic’s BeyondNetZero climate fund, Singapore’s sovereign wealth fund GIC, UK-based climate-led investment firm Just Climate and Germany-based Porsche Automobil Holding.
