ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. ABB is one of the largest engineering companies as well as one of the largest conglomerates in the world and the world's no. 1 in power technologies, provides utilities, industries and channel partners with access to a rich portfolio of technologies. ABB has in recent years gone over from large-scale solutions to alternative energy and the advanced products and technologies in power and automation that constitute its Industrial IT offering.