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Home Industry Industrial

Schneider Electric introduces ecosystem approach to digital innovation

FutureIoT Editors by FutureIoT Editors
April 8, 2019
PHOTO by Rawpixel.com from Pexels

PHOTO by Rawpixel.com from Pexels

Schneider Electric has launched a cross-industry digital ecosystem for solving sustainability and efficiency challenges.

The Schneider Electric Exchange, introduced at Hannover Messe, the trade show for industrial technology held recently in Hannover, Germany, targets a diverse community of solvers to create and scale business solutions.

Hervé Coureil, Chief Digital Officer, Schneider Electric, said it brings together people across industries and practice areas that share a passion for sustainability and efficiency, enabling collaboration and interaction across ecosystems.

With this extended ecosystem approach to digital innovation, Schneider envisions collaborating with partners through a cloud-based platform to share insights and designs, and effectively manage and complete projects.

The company said its Minimum Viable Product (MVP) platform, first released in private beta mode in April 2018, will be opened to a broader customer base in November. The platform has already a strong footprint in Europe (35%), APAC (35%), and the Americas (20%), according to Schneider.

Schneider Electric Exchange draws on the company's ecosystem of digital partners for this initiative.

Management consulting and professional services firm Accenture, for one, brings the ability to create customized solutions and develop digital business models.  Another partner, Claroty, a security specialist for operational technology infrastructure, offers industrial cybersecurity expertise, especially in integrating industrial IoT (IIoT) solutions.

Schneider is using published datasets and SaaS from the Schneider Electric Exchange partner Senseye, a technology company in predictive maintenance (UK), in one of its Smart Factory manufacturing plants, Le Vaudreuil.

Moreover, it is co-innovating a digital service offer for the retail chain market in Italy with the company Predictive Layer, which specializes in energy forecasting.

Related:  Additive manufacturing to generate $100B economic value, create 4M jobs in Asean
Tags: Hannover MesseInternet of ThingsIoTSchneider ElectricSchneider Electric ExchangeTechnology
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The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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