Innovations in Comfort, Efficiency, and Safety Solutions.
Life Is On: Schneider Electric Brand
Strategy Leverages Connectivity to Drive Sustainability, Efficiency,
Reliability and Safety for Customers
Company reinforces its Operational
Intelligence approach to the Internet of Things (IoT); announces
partnership with Industrial Internet Consortium (IIC) to advance IoT
solutions and adoption
Rueil-Malmaison (France), September 22, 2015 – Schneider Electric, the global specialist in energy management and automation, today announced a new global brand strategy that comes at a critical point of transition for the industry, in which the business and societal landscape are being transformed by urbanization, digitization and industrialization. That strategy, Life Is On, is fueled by Schneider Electric’s Operational Intelligence approach to IoT. The approach will transform how people and organizations consume energy, better automate industrial processes, and increase the quality of business decisions, while improving their lives.
The Life Is On brand strategy will help clearly show how the company is helping its customers around the world take advantage of this fundamental shift, leveraging Schneider Electric’s expertise in the operational technology (OT) that controls our society’s most important processes and connecting it to the information technology (IT) that we rely on to simplify our lives and make better decisions. This approach, which Schneider Electric refers to as building Operational Intelligence, relies on optimized automation and control, advanced remote management, predictive maintenance, enabling managed services, advanced analytics and generation of actionable information to drive informed decision-making in our homes, manufacturing facilities, data centers, buildings and cities.
To further support this vision for IoT-powered Operational Intelligence, Schneider Electric is today announcing that the company has been elected to the steering committee of the Industrial Internet Consortium (IIC). Through this appointment, Schneider Electric will take a more central role alongside thought leaders from AT&T, Cisco, General Electric, IBM and Intel in developing recommendations for industry specifications and developing frameworks to speed the adoption of industrial IoT technologies around the world. The IoT-enabled market is set to grow to $10 trillion annually by 2025, according to McKinsey, through IoT’s ability to enable higher levels of collaboration, change the way goods are produced and influence the way we work.
In addition, Schneider Electric today has also announced it has entered into a collaboration with the Hong Kong University of Science and Technology-Massachusetts Institute of Technology (HKUST-MIT) Research Alliance Consortium to advance IoT solutions and adoption. For more information, http://hkust-mit.consortium.ust.hk/about-us/.
IoT technologies are fundamental to Schneider Electric’s focus areas in market segments such as water, oil and gas, data centers, mining, utilities, healthcare, food and beverage and smart cities, as a way to further maximize efficiency and sustainability for customers. Through partnerships like the work with the Industrial Internet Consortium and HKUST-MIT, Schneider Electric is focused on developing new technologies and services that will drive intelligence, efficiency and connectivity to help customers meet these new and emerging challenges.
Other key elements of the Life Is On brand strategy include delivering new solutions and services that further Schneider Electric’s commitment to connectivity, sustainability, efficiency and reliability and safety. For more information, please visit our Life Is On page.
Schneider Electric Joins with HKUST–MIT Research Alliance Consortium to Further IoT Innovation
Company to collaborate with the Hong Kong University of Science and Technology-Massachusetts Institute of Technology (HKUST-MIT) Research Alliance Consortium to advance IoT solutions and adoption
Hong Kong, September 22, 2015 – Schneider Electric, the global specialist in energy management and automation, today announced a multi-year collaboration with the HKUST-MIT Research Alliance Consortium as a key supporter of the consortium’s research for IoT technologies for intelligent buildings and transportation. The goal of this global research, with HKUST in Hong Kong and MIT in Cambridge, is to resolve challenging problems in engineering domains such as circuits and devices, signal processing, communications and control as well as advanced data analytics, with a focus on enabling IoT technologies for better building infrastructure and enhancing transportation connectivity. Support and collaboration in this research further shows the company’s commitment to technology advancement and will allow the company to take advantage of some of the most cutting-edge research available in the field of IoT.
Schneider Electric joins Intel, Texas Instruments and others as sponsors of HKUST-MIT Research Alliance Consortium.
IoT technologies are fundamental to Schneider Electric’s focus in market segments such as water, oil and gas, data centers, mining, utilities, healthcare, food and beverage and smart cities, as a way to further maximize efficiency and sustainability for customers. Through collaborations like the work with HKUST-MIT Research Alliance Consortium, Schneider Electric is focused on developing new technologies and services that will drive intelligence, efficiency and connectivity to help customers meet these new and emerging challenges. “We are pleased to welcome Schneider Electric’s participation in this important initiative that works not only to advance the field of IOT but also to connect the expertise of academia and industry on a global scale,” said Charles Sodini, Le Bel Professor Electrical Engineering, MIT.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of €25 Billion in FY2014, our 170,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies will reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
About the HKUST-MIT Research Alliance Consortium
The HKUST-MIT alliance aims to build the network and mechanism required for R&D collaboration between world class universities and technology companies to bolster the global innovation with emphasis on Intelligent Living technology.
Learn more about the consortium at http://hkust-mit.consortium.ust.hk/about-us/.
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