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Wednesday, April 10, 2024

Revisiting 'EcoStruxure' At Schneider Electric's Innovation Summit

Earlier this month the Oilholic had the pleasure of attending a Schneider Electric event after a gap of nearly six years - the company's Innovation Summit in Paris, France. 

A lot has happened since this blogger last attended a Schneider event. The inimitable Jean-Pascal Tricoire has moved on from being CEO to the Chairman of the company, with former AVEVA boss Peter Herweck now in the boss' chair. 

But one constant has been the company's relentless development and marketing of its Industrial Internet of Things (IIoT) architecture - EcoStruxure - conceived to deliver "smart" automation and digitization solutions within the energy sphere for a plethora of industrial, manufacturing and processing clients. 

So it was a pleasure to receive two use case demonstrations of how the product suite is being applied and has evolved since the turn of the decade. For this blogger, the company's EcoStruxure Automation Expert, a software-centric industrial automation system, and EcoStruxure Hybrid Distributed Control System  (formerly branded as PlantStruxure PES), a single automation system to engineer, operate, and maintain a plant's entire infrastructure, stood out amidst a sea of solutions and myriad use cases. 

These were use cases for a "sustainable, productive and market-agile" future that the company envisions for the wider industrial and manufacturing complex, according to CEO Herweck, who in his keynote, noted that: "Being more electrical, being more digital, means being more efficient."

And "Digital + Electric = A Sustainable Future" was the simple equation put forward by Herweck for a world facing the complex issue of managing carbon emissions. 

Here's a Forbes report summing up Herweck's comments in Paris. It was also revealed at the Innovation Summit that Schneider Electric was driving up its R&D spend from 5.4% to around 8% of headline revenue. The company is also practicing what it preaches by converting key facilities into the very sort of "smart factories" it is recommending to the world, something the Oilholic intends to revisit later down the year.  

Elsewhere, your truly also got to grips with a number of fascinating home energy management software solutions and applications alongside battery inverters (used as a way to control flow of electricity in residential properties) and allied smart home concepts. 

Commercial power management software and hardware, grid operations software, artificial intelligence (AI) powered monitoring systems, datacenter cooling systems, and electric vehicle (EV) charging infrastructure displays and demos at the exhibition floor completed an interesting and informative visit. 

Or a glimpse of a digitized and electrified horizon, as the company's C-Suites and public relations executives will tell you! And on that note, its time to say goodbye. More musings to follow soon. Keep reading, keep it here, keep it 'crude'! 

Additional note 25.04.24: Here's yours truly's recently published interview with Barbara Frei, Executive Vice President, Industrial Automation at Schneider Electric following a meeting in Paris. 

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© Gaurav Sharma 2024. Photo I: A Schneider Electric EcoStruxure display at the company's Innovation Summit in Paris, France. Photo II: Schneider Electric CEO Peter Herweck delivering his keynote. Photo III: Sustainability message dominated proceedings, Apr 3-4, 2024. © Gaurav Sharma 2024.

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