Manufacturing Today Issue - 228 Sept 2024 | Page 21

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Energy
The shift from CapEx to OpEx is a profound transformation that requires a fundamental rethinking of how organizations approach asset management and value creation . Companies that embrace OpEx as a strategic lever for growth , rather than a mere cost-cutting measure , will be undoubtedly better positioned to navigate the uncertainties of the future and emerge as industry leaders . ■
Stuart Thompson global . abb / group / en
Stuart Thompson is the President of ABB ’ s Electrification Service Division , leading a $ 1.1b revenue business of more than 3,000 global service professionals across 50 countries . Established as a standalone business area in 2022 , Stuart was promoted to manage the new division having held previous roles as Global Product Group Service Leader for both ABB Electrification and Electrification Distribution Solutions .
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