Key Takeaway
Olivier highlights AI, automation, and connected devices as key drivers of energy volatility and unpredictable pricing, which he calls “the new normal.” He emphasizes energy’s critical role in modern life and its importance in combating climate change. Schneider Electric is shifting from its traditional electrical equipment roots to become a leading “energy technology company.” This transformation is centered on the EcoStruxure platform, an IoT-enabled system connecting data and people across various environments, currently used in over a million buildings and 40% of global hospitals. Last year, Schneider Electric filed over 1,400 patents, focusing on innovations like liquid cooling and AI-optimized HVAC systems.
Olivier identified AI, automation, and connected devices as the key drivers behind this anticipated increase, describing energy volatility and unpredictable pricing as “the new normal.”
“Energy is both the lifeblood of modern life and a safeguard against its greatest threat: climate change,” Olivier states.
Transforming Industrial Identity
The French industrial manufacturer has announced a strategic pivot from its legacy as an electrical equipment producer to positioning itself as what Olivier refers to as the world’s leading “energy technology company.”
This transformation focuses on Schneider Electric’s EcoStruxure platform, which Olivier characterized as an “open, intelligent IoT-enabled platform” that integrates systems, data, and people across industrial and commercial settings.
The technology currently operates in over one million buildings worldwide and supports 40% of the world’s hospitals, according to Olivier.
In the past year, Schneider Electric submitted more than 1,400 patent applications, focusing on innovations such as liquid cooling solutions for data centers and AI-optimized HVAC systems.
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