50 Manufacturing Companies – Schneider Electric

Schneider Electric is committed towards transforming the industries in India through energy efficient and innovative solutions. To support the automation and manufacturing segment in improving productivity and efficiency, Schneider Electric’s EcoStruxure Plant enables industries to create sustainable infrastructure to drive IIoT growth, by turning industrial automation into a profit engine. EcoStruxure is an IoT-enabled, plug-and-play, open architecture, delivers end-to-end solutions in six domains of expertise – Power, IT, building, machine, plant and grid ¬– for four end markets, Building, Data Center, Industry and Infrastructure.
According to BCG, by 2020, companies will spend around $310 billion per year on IoT, with considerable spent in the manufacturing, energy and transportation industries. Technological advancements, such as IoT, Big Data, and Cloud computing will transform everything within the industrial operation, from cyber security to supply chain. The IIoT delivers a huge potential for automation and manufacturing companies. With AI and automation powered technologies, the manufacturers can improve efficiency, fasten processes, and even optimise operations by reducing production cost.
Innovation starts in factories, operations, the supply chain, and with its extensive list of partners. By the end of 2020, the goal is to have more than 100 factories using EcoStruxure for Industry.
The company is making its factories smart through six areas of digital transformation:
• Agile management: Creating shop-floor agility by connecting control to the enterprise level.
• Empowered operators: Enabling operators to make better decisions with connected assets that provide real-time insight.
• Asset performance management: Optimising performance and improving profitability with real-time asset and process information.
• Energy efficiency: Providing visibility and control of power consumption and costs through real-time power monitoring.
• Process efficiency: Improving closed-loop measurement and control for greater throughput.
• Reliability: Ensuring plant, process, and asset uptime through IoT-powered predictive analytics.