Schneider Electric Calls for Stronger Collaboration in Industries of the Future

first_img BOSTON–(BUSINESS WIRE)–Feb 8, 2021– Schneider Electric, the leader in the digital transformation of energy management and automation, introduced its Industries of the Future vision at ARC Industry Forum 2021 today. The industry-wide call to action urges industrial enterprises to embrace universal automation, sustainable efficiency, and digitalization to boost global economic recovery and advance manufacturing and process industries. As the most sustainable corporation in the world and a global manufacturer with an end-to-end network of smart factories and smart distribution centers , including three designated by The World Economic Forum as Advanced Lighthouses, Schneider is on a mission to make the industry of the future possible for all. Its next-generation framework and winning formula for industrial settings is founded around three core pillars: universal automation, sustainable efficiency, and software-centric automation. These create a firm foundation for protecting biodiversity and improving health and safety, while also enabling real-time data sharing and remote operations – resulting in step-change improvements in productivity and cost savings [Source: BloombergNEF ]. “As we strive to recover from the impact of the pandemic, improve productivity and drive sustainable agendas, industry has a golden opportunity to become a central pillar of global economic recovery,” said Peter Herweck, executive vice president, industrial automation, Schneider Electric. “Industrial automation helps build stronger eco-efficiency and a more innovative and resilient ecosystem. Today’s industrial innovation is driven by powerful software and data analytics that increases both productivity and sustainability. With net zero factories now possible due to increased computational power and connectivity, as well as advanced digital supply chains, ecology and progress are no longer at the opposing ends of the environmental spectrum.” Schneider Electric’s newest industrial solutions based on its EcoStruxure™ platform, and released at its Innovation Summit World Tour 2020, bring the benefits of universal automation, sustainability and software to the market. These include: EcoStruxure Automation Expert, EcoStruxure Power and Process, and EcoStruxure Plant Advisor. Universal automation Schneider Electric has challenged industry to advance the underlying technology model to meet modern agility and resiliency demands. “Open automation,” as it exists today, is not open enough as companies are bound by automation solutions that prioritize vendor lock-in rather than innovation. By contrast, “universal automation” is the world of interoperable, “plug and produce” automation software components, enabled by the IEC61499 standard. Portable application software is an essential enabler for next-generation industries, capable of unlocking step-change improvements in efficiency and sustainability impossible a decade ago. EcoStruxure Automation Expert is Schneider Electric’s first offer based on the universal automation vision. The benefits of universal automation are demonstrated by Schneider Electric’s strategic relationship with Wood, a global leader in delivering automation solutions. The companies have signed a memorandum of understanding agreement to provide Wood’s automation and control group access to Schneider Electric’s IEC61499-based technology. This is helping Wood to deliver innovative automation solutions to their global energy and industrial customers. Sustainable efficiency As the pathway to net zero factories protecting biodiversity, empowering workers and improving productivity, Schneider Electric has also called on manufacturing and process industries to approach production with a sustainable mindset. According to BloombergNEF, industrial digitization supports corporate sustainability, promotes decarbonization and circularity, reduces material waste, prolongs equipment lifetime and enables better emissions monitoring. EcoStruxure Power and Process empowers manufacturers to drive sustainability across the world’s most energy intensive sites. Using industry leading software from AVEVA and Schneider Electric, users can connect assets across the full lifecycle, resulting in one real-time view of projects and/or operations. By embracing innovative technologies alongside achievable sustainability goals, companies can easily accommodate new business opportunities while also conserving energy and safeguarding the natural environment. For example, Schneider Electric helped Argentina’s largest refinery develop and easily integrate the smallest footprint solution in the market for continuous energy improvement. Software-centric automation Faced with the continuing disruption of the pandemic and ever-changing customer requirements, Schneider Electric has underlined the importance of software. EcoStruxure Plant Advisor is the next evolution of the company’s IIoT digital plant management. Based on results from pilot projects, EcoStruxure Plant Advisor could generate up to €2.8 million / year of improvements for a typical €100 million manufacturing site. Tomorrow’s challenges will not be addressed with new hardware but will require the intelligent application of software-based technologies. This digital paradigm has the potential to provide unprecedented operational capabilities and support new business opportunities for all industrial stakeholders. For more information on Schneider Electric’s Industries of the Future framework, visit Industries of the Future. About Schneider Electric Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com Discover Life Is On Follow us on: https://twitter.com/SchneiderElec https://www.facebook.com/SchneiderElectric?brandloc=DISABLE https://www.linkedin.com/company/schneider-electric https://www.youtube.com/user/SchneiderCorporate https://www.instagram.com/schneiderelectric/ http://blog.se.com/ Hashtags: #IndustriesOfTheFuture #EcoStruxure #SmartFactory #UniversalAutomation Related resources: Benefits from the Promise of Next Generation Industrial AutomationWelcome to the Industry of the Future View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005119/en/ Schneider Electric Media Relations– Thomas Eck, Phone: 917-797-4974,[email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: TECHNOLOGY UTILITIES SOFTWARE ENERGY NETWORKS INTERNET HARDWARE DATA MANAGEMENT CONSUMER ELECTRONICS SOURCE: Schneider Electric Copyright Business Wire 2021. PUB: 02/08/2021 08:55 AM/DISC: 02/08/2021 08:55 AM http://www.businesswire.com/news/home/20210208005119/en Schneider Electric Calls for Stronger Collaboration in Industries of the Future WhatsApp Twitter Local NewsBusiness Facebook By Digital AIM Web Support – February 8, 2021 Facebookcenter_img Pinterest Twitter Pinterest TAGS  WhatsApp Previous articleUS Esophageal Cancer Market and Competitive Landscape 2021 – ResearchAndMarkets.comNext articleElevar Therapeutics Announces Orphan Drug Designation for Rivoceranib (Apatinib) for the Treatment of Adenoid Cystic Carcinoma (ACC) Digital AIM Web Supportlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *