AIFinancial Times1h ago
Europe's three biggest industrial companies are cashing in on the AI
Europe's three biggest industrial companies are cashing in on the AI boom, as Schneider and Siemens expand further into software, while ABB focuses on equipment
TL;DRMajor European industrial firms are pivoting to AI, splitting between software and hardware strategies.
Why it matters: Industrial AI adoption signals where enterprise value is shifting—software margins versus hardware lock-in.
Schneider Electric and Siemens move further into software as rival ABB bets on physical equipment
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