Digital energy management and automation company Schneider Electric hosted more than 1,500 customers, partners, suppliers, and influencers at its latest Innovation Summit, held on Sept. 20-21 at Singapore Marina Bay Sands. The event brought together Schneider Electric experts and world-leading industry thinkers to share insights and bold ideas on the challenges and opportunities of Powering and Digitizing the Economy.
This year’s Innovation Summit World Tour includes 20 events across the world, double the 2017 program. The Singapore event was Schneider’s largest in East Asia where the company showcased its latest developments to EcoStruxure, its IoT-enabled, plug and play, open, interoperable, architecture and platform. EcoStruxure delivers enhanced value around safety, reliability, efficiency, sustainability, and connectivity. EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver Innovation at every level, from connected products, edge control to apps, analytics and services. EcoStruxure has been deployed in 480,000+ sites, with the support of 20,000+ system integrators and developers, connecting over 1.6 million assets under management through 40+ digital services.
EcoStruxure Power: the next generation of Schneider Electric’s IoT-Enabled platform and architecture for electrical distribution, dramatically strengthening power management capabilities for customers to improve operational efficiency and reliability. This includes new user applications (EcoStruxure Power Advisor), edge control management software (EcoStruxure Power Monitoring Expert 9.0 and Power Scada Operation 9.0), and connected products (Powerlogic ION9000 Meter and Easergy P3 Protection Relay).
EcoStruxure Building: this collaborative platform and architecture designed for buildings delivers maximum building efficiency and increased people comfort and productivity. EcoStruxure Building benefits from new user applications (EcoStruxure Building Advisor), a new edge control application (Ecostruxure Building Operation 2.0), as well as new connected sensor products (SmartX IP Controller MPx and SmartX Room Sensors).
Ecostruxure Plant and Machine: IoT technologies, including integrated software, are ready for smart manufacturing and can deliver new business opportunities for plants and machine builders — increasing profitability (EcoStruxure Triconex) and productivity (EcoStruxure Machine Advisor).
EcoStruxure Asset Advisor: the new version of Schneider Electric’s equipment monitoring services application brings a much-needed cloud-based, data-driven 24/7 predictive service for business continuity in electrical distribution and critical data center assets.
“The world is changing at an unprecedented rate driven by a booming digital economy. Technologies such as the Internet of things (IoT), artificial intelligence and big data analytics are making companies more efficient and innovative, boosting their competitive advantage,” said Jean-Pascal Tricoire, chair and CEO, Schneider Electric. “As a responsible industry leader, we need to demonstrate how our innovations help our customers and partners make a successful digital transformation in energy management and automation. Our technologies, built on EcoStruxure, harness the power of digitization, enabling our customers to become more efficient, safe, reliable, connected and sustainable — leaders in the New Digital Economy.”
During the two-day event, customers, partners, and suppliers attended Strategy Talks on topics as varied as “Redefining power distribution,” “Intuitive manufacturing, thanks to digitization,” and “Reinvented buildings.” Schneider Electric also conducted 15+ Expert Learning Sessions with its stakeholders, delivering concrete customer successes and solutions and interactive discussions between participants. Also, a 3,700 m2 Innovation Hub demonstrated Schneider Electric’s software, solutions, and services.