ABB, Zurich, Switzerland, is streamlining its research and development to focus on technologies that increase productivity and sustainability for utility and industry customers.

ABB president J¿rgen Center-man and ABBs CEO Markus Bayegan outlined the company's new strategy at a technology day for media. The company, plans to focus on growth areas linked to its broad initiative called industrial information technology, patented as IT Industrial.

Bayegan said the new strategy entails shifting some research resourced in the ABB Group research and development laboratories from mature technologies into Industrial IT and emerging technologies such as advanced sensors, aiming to make ABB's traditional and mature products Industrial IT-compatible.