|Schneider Electric is a leading global manufacturer of equipment for electrical power distribution and for industrial control and automation. The company helps power generators distribute electricity; designs automation systems for the automobile and water treatment industries; builds electric networks and utility management systems for energy, water treatment, oil and gas, and marine applications; and manages electric power in residential, industrial, and commercial buildings.
Year founded: 1836
Revenue: $26.0 billion (2014)
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|The recent Internet of Things (IoT) momentum has been enabled through a broad adherence to open standards (such as Ethernet) and by technology breakthroughs in the area of data aggregation middleware. Schneider Electric delivers open, connected solutions at each IoT-driven intelligent ecosystem layer: the connected, decentralised device layer (sensors, drives, meters, PLCs, controls, switchgear), the platform layer (cloud services, middleware, physical infrastructure architectures), and the on-premise central control layer (operational intelligence, remote monitoring, predictive analysis, simulation, cloud analytics).
Schneider Electric tools help data centre, plant, and smart grid operators to become more efficient by sorting through mountains of data (eliminating false alarms or nuisance alarms) and by generating dashboards that consolidate the information coming in from all parts of the extended network. Instead of gridlock, a smooth flow of information is created which allows for greater operational intelligence and higher quality decisions.
IoT is broadening the scope of where both power protection and security are needed, as entire chains of communication can be disrupted by the breakdown of a single device. Schneider Electric leverages the power of IoT and big data to maximize safety and reliability through high-precision automation and control, training and simulation, the generation of ‘what if’ scenarios, robust remote management, predictive maintenance, managed services, and advanced analytics. Power protection and cyber security considerations are imbedded into our product designs in order to strengthen overall network reliability.