SEOUL-- October 22, 2021 -- In its quest to strengthen global efforts of designing a more resilient, sustainable electric world, Schneider Electric, the World’s Most Sustainable Corporation in 2021 as ranked by Corporate Knights and the leader of the digital transformation of energy management and automation, is all set to showcase pioneering energy management innovations and partner programs at the Innovation Summit World Tour 2021.

To address the global urgency of climate change and the 21st century’s most significant challenges of the accelerating energy transition and growing demand for energy, Schneider electric is launching Partnerships of the Future. It is committed to enabling a green recovery whilst supporting the megatrends of mass digitization, greater electrification, along with the increasing role of natively connected digital products and software, in a bid to ensure sustainability and energy efficiency at scale.

Schneider calls this vision an ‘All-Electric, All Digital New Electric World’, powered by abundant clean energy, or Electricity 4.0. As the electric and digital solutions are becoming more complex, Schneider aims to empower its robust network of partners with high-paced, built-to-demand, supportive and simplified products, complete with native connectivity and making sustainable and electrical safety goals achievable.

Rohan Kelkar, Executive Vice-President of Power Products, said: “Digital technologies are a catalyst for business growth, with 65% of global GDP expected to be digitalized by 2022. Yet, the inherent complexities that digital transformation projects bring with them may cause decision paralysis and implementation delays. This is why our goal is to face up to the digital challenge and enable the market through ‘Partnerships of the Future’ by equipping our partners with strategies, solutions, and services for increased sustainability and efficiency. We strive to develop and offer smart interoperable solutions, systems, and products that do not cost more to build and commission while bringing substantial cost efficiencies and operational synergies to the marketplace.”

Partnerships of the Future: simplified, open, and digital

Increased digitization and industry innovation make simplified, open standard solutions, training, and knowledge transfers available to our partners as we look to leverage meaningful Partnerships of the Future to enable the New Electric World. We want our partners to openly collaborate with one another, to share and learn for mutual benefit and, by extension, the benefit of their customers. With more than 650,000 members, 300 apps, and 100-plus communities, our open ecosystem is a robust resource for all players involved. It enables collaboration with other electrical contractors and peers, access to a state-of-the-art technology portfolio, the opportunity to stay up to date with the rapid evolution of the markets in order to help generate new sales leads.

MySchneider Partner Program encourages transformative and collaborative solutions within Schneider Electric’s energy management ecosystem, including curated content for partners.

Open and simplified solutions

We aim to deliver digital solutions and connected products that drive meaningful outcomes for our partners. Today, we are launching a number of next-generation safety, reliability, and connectivity solutions for critical industry segments, buildings, and infrastructure:

The new iconic TeSys™ Giga features native digital connectivity and is packed with 56 new patents. Easy to install and use, these innovations feature native connectivity to the cloud, enhanced safety, and real-time monitoring.
The PrismaSeT™ active low-voltage switchboard is an industry-first product to include built-in cloud connectivity, providing instant access to intelligent alarming, energy usage analysis, trends, and preventative maintenance plans.
The new generation ComPacT™ molded-case circuit breakers feature a refreshed design and tailored for operational excellence and significant simplification of maintenance activities.
The next generation BlokSeT™ and Okken™ LV switchboards have been given a new look and feel for an improved ergonomic experience. IoT-ready wireless connectivity means fast and easy access anywhere, anytime.
With the launch, Schneider reaffirms its commitment to providing open, simple to deploy digital solutions to drive sustainability and efficiency, enabling industry-wide collaboration and partnerships in the New Electric World. New programs help strengthen our partners’ position in the world of connected solutions and drive industry innovation.

EcoStruxure Power protects critical infrastructure

These innovations are brought together under EcoStruxure Power - a comprehensive, open, IoT-enabled architecture and platform that simplifies and digitizes electrical distribution systems to enable more resilient, sustainable, and efficient facility operations by delivering on the fundamental goals of connected power distribution: electrical safety, power availability/reliability, operational & energy efficiency, and cybersecurity.

Moreover, EcoStruxure™ Power is designed to optimize the CAPEX of smart solutions throughout the design, build, and commissioning phases of projects by minimizing risk and costs whilst increasing efficiency.

Not only does it allow for better integration of clean energy, strengthening resilience of the grid and key infrastructure - it also helps to avoid unplanned downtime, as the world stands to benefit from the power of sustainable clean energy, or Electricity 4.0. According to industry research, the average cost of downtime in hospitals is $8,662 per minute, while 98 percent of organizations say one hour of downtime costs over $100,000. With EcoStruxure™, the average expected savings include 35% of engineering time, 24% of energy consumption savings, and 20% of CO2 footprint optimization.

Today, EcoStruxure™ covers 500,000 sites globally, connecting some 45,000 developers and system integrators, 3,000 utilities, and 650,000 service providers and partners as a community.