Company:Schneider Electric

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Short description: French multinational digital automation and energy management company
Schneider Electric SE
TypePublic
IndustryElectrical equipment
Founded1836; 188 years ago (1836)
(as Schneider & Cie)
Founders
  • Eugène Schneider
    Adolphe Schneider
HeadquartersRueil-Malmaison, France
Area served
Worldwide
Key people
Peter Herweck
(CEO)
Jean-Pascal Tricoire
(Chairman)
Léo Apotheker
(Director)
ProductsBuilding automation, home automation, switches, and sockets, plant process and emergency shutdown systemss, industrial control systems, electric power distribution, electrical grid automation, smart grid, critical power & cooling for datacenters
RevenueIncrease €34.17 billion[1] (2022)
Increase €4.93 billion[1] (2022)
Increase €3.53 billion[1] (2022)
Total assetsIncrease €58.36 billion[1] (2022)
Total equityDecrease €26.09 billion[1] (2022)
Number of employees
162,339[1] (2022)
SubsidiariesLuminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex
Website{{{1}}}
Footnotes / references
[2]

Schneider Electric SE is a French multinational company that specializes in digital automation and energy management.[3][4] It addresses homes,[5] buildings,[6] data centers,[7] infrastructure and industries,[8] by combining energy technologies, real-time automation, software, and services.[9]

Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.[10] In fiscal year 2022, the company posted revenues of €34.2 billion.[1]

Schneider Electric is the parent company of Square D, APC, and others. It is also a research company.[11]

History

1836–1963

In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France.[12] Two years later, they founded Schneider-Creusot, the company that would eventually become Schneider Electric. Initially, Schneider-Creusot specialized in the production of steel, heavy machinery, and transportation equipment.[13][14] In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufacturing.[15] Over the first half of the 20th century, Schneider-Creusot continued to grow, establishing manufacturing sites in France and abroad, including in pre-Soviet Russia and Czechoslovakia.[15][16]

1963–1999

In the 1960s, following the death of Charles Schneider, Schneider-Creusot was absorbed by Belgium's Empain group, which merged Schneider-Creusot with its corporate structures to form Empain-Schneider.[17][18] In 1981, the Empain family sold its controlling stake to Paribas.[18] In the 1980s and 1990s, the company, once again operating under the Schneider name, divested from steel and shipbuilding and, through strategic acquisitions, began to focus on the electricity sector.[14][19] These acquisitions included Télémécanique in 1988,[14] Square D in 1991,[20] and Merlin Gerin (fr) in 1992.[21]

1999–present

In January 1999, Schneider acquired the Scandinavian switch-maker Lexel.[22][23] Later that year, the company renamed itself Schneider Electric, to reflect its focus on the electricity sector.[22]

In October 2006, Schneider Electric announced that it would acquire the data center equipment manufacturer American Power Conversion for $6.1 billion.[24][25] The following February, the move was finalized following its approval by the European Commission.[26] In June 2010, Schneider and the rolling stock manufacturer Alstom jointly purchased Areva's transmission and distribution businesses in a transaction totaling $2.73 billion.[27][28]

In 2016, Schneider acquired Tower Electric, a British company that manufactured fixings and fastenings for construction and electrical firms.[citation needed] In 2017, Schneider Electric became the majority shareholder of Aveva, a provider of engineering and industrial software based in the UK.[29][30] The next year, it acquired the Indian multinational Larsen & Toubro's electrical and automatic business in a cash deal for ₹140 billion (US$2.0 billion).[31]

In February 2020, Schneider made a €1.4 billion takeover bid for German company RIB Software,[32] closing the deal in July 2020.[33] Also in 2020, Schneider Electric acquired ProLeiT AG, a supplier of industrial control and MES software.[34]

In April 2021, Schneider introduced 'The Zero Carbon Project'. Since then, it has shown its commitment to minimize 'operational carbon emissions' by 2025.[35]

In January 2023, Schneider Electric's acquisition of Aveva was finalized.[36]

In November 2023, Schneider Electric finalized its acquisition of EcoAct, a company devoted to climate consulting and net-zero solutions.[37][38][39]

  • 1838: "La Gironde", the first French locomotive

  • The Schneider logo in the 1950s

  • One of the first brochures for Telemecanique industrial control products. Telemecanique was acquired by Schneider Electric in 1988.

Notable acquisitions

Acquisition date Company Business Country Source
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear, and sensors France [14]
1991 Square D Manufacturer of electrical circuit breakers, switchgear, and transformers USA [20]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformers France [40][41]
1997 Modicon Manufacturer of programmable logic controllers (PLC) USA [42]
2001 PDL Domestic and industrial electrical hardware New Zealand [43][44]
2003 TAC Building automation and control Sweden [45]
2004 Kavlico Pressure sensors USA [46]
2004 Clipsal Wiring Australia [47]
2005 Juno Lighting Lighting USA [48]
2005 BEI Technologies Customized sensors USA [48]
2006 Merten Ultra terminal Germany [49]
2006 Citect SCADA system and MES automation software Australia [50]
2007 American Power Conversion Power backup and protection and electrical distribution USA [24][25]
2009 Meher Capacitors Power factor correction India [51]
2010 Zicom Security Systems Security systems India [52]
2010 SCADAgroup SCADA and control systems Australia [53]
2010 Areva T&D Transmission & distribution Europe [54]
2011 Summit Energy Energy management USA [55]
2011 Digilink Network connectivity products India [56]
2011 APW President Systems Enclosure systems India [57]
2011 Luminous Power inverters India [58]
2011 Telvent Real-time information management systems Spain [59]
2011 Viridity Data center management software USA [60]
2012 SolveIT Software Planning and scheduling software Australia [61]
2014 Invensys Multinational engineering and information technology company UK [62]
January 2014 Foxboro Control systems USA [63]
July 2017 ASCO Transfer switches, power control systems, and industrial control products USA [64]
September 2017 (60% controlling stake) Aveva Group Information-technology/consulting group UK [65]
January 2023 (remaining shares) [66]
November 2020 ETAP Electrical power systems software USA [67]
2020 RIB Software AEC software USA [68]
2020 OSISoft Industrial data software USA [69]
2020 Larsen & Toubro E&A Electrical and automation technology India [70]
January 2022 Zeigo Climate-tech platform UK [71]
June 2022 EV Connect Electric vehicle charging platform USA [72]
2022 EnergySage Marketplace for solar panels USA [73]
2022 AutoGrid Distributed energy resource management USA [74]

Organizational structure and offer

Since 2019, Schneider Electric has been operating business units: Energy Management, Industrial Automation, and Services.[75]

Energy Management

The Energy Management business provides products for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications.

Services

The Services business includes three divisions: Global Field Services, Energy and Sustainability Services, and Smart grid Services.[76]

EcoStruxure

In 2016 Schneider Electric launched the next generation of EcoStruxure – an IoT-enabled architecture.[77] The EcoStruxure platform uses Microsoft Azure. In 2021, the EcoStruxure solutions introduced by Schneider helped customers lessen 'carbon emissions' by 84 million tonnes.[35]

In April 2019, the company launched Schneider Electric Exchange, an open business platform.[78] In June 2022, Schneider Electric introduced its EcoStruxure Machine Expert Twin, an adaptable digital shadow software solution that aims to handle the machine's 'lifecycle'.[79]

Operations

Research and development investment

In its Innovation Summit North America, Schneider Electric expressed its aim to assess emerging technologies, support and subsidize startups through guiding them.[80] In FY2021, Schneider Electric announced that its research and development expenses were around 855 million euros.[citation needed]

Operational technology

In January 2023, Schneider Electric's interest to develop the area of Operational Technology was concretized through its partnership with BitSight, a specialist in the field of cybersecurity.[81] In fact, their collaboration seeks to realize a unique 'global Operational Technology (OT) Risk Identification and Threat Intelligence capability' that aims to detect the threats to Operational Technology [82] and consolidate 'industrial security'.[81]

Head office

Schneider Electric has had its head office in Rueil-Malmaison, France since 2000.[83] The company uses an international operations model[84] wherein its key personnel and large numbers of its staff are spread across main offices in Reuil-Malmaison,[85] Hong Kong,[86] Noida,[87] and Boston.[88]

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 "Annual Financial Report for the Year Ended December 31, 2022". https://www.se.com/ww/en/assets/564/document/379351/accounts-fy-results-2022.pdf. 
  2. ↑ "Schneider Electric Annual Report 2018". Schneider Electric. https://www.se.com/ww/en/assets/564/document/69032/2018-annual-report.pdf. 
  3. ↑ "Green economy bolstered as Schneider Electric opens 2500 green jobs worldwide" (in en). Financial Post. 2022-05-30. https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/green-economy-bolstered-as-schneider-electric-opens-2500-green-jobs-worldwide. 
  4. ↑ "Electrification and digitisation 'are the recipe for a more sustainable world'" (in en-US). 2019-10-03. https://www.energylivenews.com/2019/10/03/electrification-and-digitisation-are-the-recipe-for-a-more-sustainable-world/. 
  5. ↑ "Smart Home & Energy Management" (in en-WW). https://www.se.com/ww/en/home/index. 
  6. ↑ "Building Automation and Control" (in en-HK). https://www.se.com/hk/en/work/products/building-automation-and-control/index. 
  7. ↑ "Data Centre Solutions and Networks" (in en-HK). https://www.se.com/hk/en/work/solutions/for-business/data-centers-and-networks/index. 
  8. ↑ "Industrial Automation and Control" (in en-HK). https://www.se.com/hk/en/work/products/industrial-automation-control/index. 
  9. ↑ "EcoStruxure: IoT – Internet of Things" (in en-HK). https://www.se.com/hk/en/work/campaign/innovation/overview. 
  10. ↑ "1-EURO STOXX 50® (SX5E) (EU0009658145)". https://qontigo.com/index/sx5e/. 
  11. ↑ "Schneider Unveils Schneider Electric Ventures at its Innovation Summit". https://www.iotworldtoday.com/2018/11/15/schneider-electric-ventures-debuts-at-innovation-summit/. 
  12. ↑ "Arms and the Men". Fortune (Reprinted by The Harvard Crimson). 18 May 1934. https://www.thecrimson.com/article/1934/5/18/arms-and-the-men-pbut-the/. Retrieved 11 February 2023. 
  13. ↑ Quigley, Carroll (1966). Tragedy And Hope. New York: Macmillan. p. 518. ISBN 0-945001-10-X. https://books.google.com/books?id=KQZxAAAAIAAJ&q=tragedy+and+hope. 
  14. ↑ 14.0 14.1 14.2 14.3 Nicholson, Chris V. (April 13, 2011). "Tyco Deal Could Be Costly for Schneider". The New York Times. https://archive.nytimes.com/dealbook.nytimes.com/2011/04/13/what-a-tyco-deal-could-cost-schneider/?searchResultPosition=1. 
  15. ↑ 15.0 15.1 Nye, Gerald P. (1934). A primer on Europe's armament makers who prolong war and disturb peace. U.S. Government Printing Offices. pp. 7–9. http://www.fredsakademiet.dk/tid/1900/1934/nye.pdf. 
  16. ↑ Grant, Jonathan A. (2018). "The Schneider–Škoda Alliance, 1919–1930". Between Depression and Disarmament. Cambridge University Press. pp. 24–51. doi:10.1017/9781108552721.002. ISBN 9781108448505. https://www.cambridge.org/core/books/abs/between-depression-and-disarmament/schneiderskoda-alliance-19191930/DD2786204F02DB48B85D272784F93745. 
  17. ↑ Mooney, Richard E. (April 19, 1966). "Business Empire Set Up in France". The New York Times. https://timesmachine.nytimes.com/timesmachine/1966/04/20/83529285.html?pageNumber=61. 
  18. ↑ 18.0 18.1 Renard, Francoise (February 28, 1981). "Le groupe Paribas prend le contrôle de l'empire Empain-Schneider La fin de l'intermède belge". https://www.lemonde.fr/archives/article/1981/02/28/le-groupe-paribas-prend-le-controle-de-l-empire-empain-schneider-la-fin-de-l-intermede-belge_3039580_1819218.html. 
  19. ↑ Georgieva, Sonia; Lungarova, Tsvetina (2019). "Effects of Corporate Social Responsibility and Traditions in Innovations on the Activity of an International Company – the Case of "Schneider Electric"". Economic Alternatives (2): 227–234. https://www.unwe.bg/uploads/Alternatives/6_S_T_Alternatives_en_2_2019.pdf. Retrieved December 1, 2022. 
  20. ↑ 20.0 20.1 Ramirez, Anthony (1991-05-13). "Square D Agrees to Takeover" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/1991/05/13/business/square-d-agrees-to-takeover.html. 
  21. ↑ "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands". https://www.automation.com/en-us/articles/2004-2/schneider-electric-focuses-on-strategy-to-strength. 
  22. ↑ 22.0 22.1 "The world's longest-running electrical equipment companies". May 28, 2015. https://www.power-technology.com/analysis/featurethe-worlds-longest-running-electrical-equipment-companies-4589072/. 
  23. ↑ Fleming, Charles (January 12, 1999). "France's Schneider to Pay $1.06 Billion For Scandinavian Switch Maker Lexel". The Wall Street Journal. https://www.wsj.com/articles/SB916070575816364000. 
  24. ↑ 24.0 24.1 Walsh, Lawrence M. (October 30, 2006). "Viva Le Power: Schneider Buys APC". CRN. https://www.crn.com/blogs-op-ed/tidal-waves/193500110/viva-le-power-schneider-buys-apc.htm?itc=refresh. 
  25. ↑ 25.0 25.1 Miller, Rich (October 30, 2006). "Schneider Buys APC for $6.1 Billion". Data Center Knowledge. https://www.datacenterknowledge.com/archives/2006/10/30/schneider-buys-apc-for-61-billion. 
  26. ↑ Moltzen, Edward F.. (February 14, 2007). "Schneider Electric Wraps Up APC Acquisition". CRN. https://www.crn.com/news/components-peripherals/197006166/schneider-electric-wraps-up-apc-acquisition.htm. 
  27. ↑ "Areva T&D board approves name change". The Economic Times. December 26, 2011. https://economictimes.indiatimes.com/industry/energy/power/arvea-tampampd-board-approves-name-change/articleshow/11256469.cms?from=mdr. 
  28. ↑ "Alstom and Schneider Electric Close on Areva T&D Acquisition". Power Technology. June 9, 2010. https://www.power-technology.com/uncategorized/news87373-html/. 
  29. ↑ Dummett, Ben; Kostov, Nick (2017-09-05). "Schneider Electric Swoops for U.K. Software Firm Aveva" (in en-US). The Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/schneider-electric-takes-control-of-u-k-software-firm-aveva-1504595207. 
  30. ↑ "France's Schneider to buy rest of Aveva in $11 billion deal". Reuters. September 21, 2022. https://www.reuters.com/markets/europe/frances-schneider-buy-remaining-aveva-shares-31-poundsshare-offer-2022-09-21/. 
  31. ↑ "Schneider's L&T Acquisition to Power 'Make In India' Mission | Storify News" (in en-US). 2019-06-17. https://www.storifynews.com/schneiders-lt-acquisition-to-power-make-in-india-mission/. 
  32. ↑ "Schneider Electric makes €1.4bn bid for German construction IT company". Global Construction Review. 14 February 2020. https://www.globalconstructionreview.com/schneider-electric-makes-14bn-bid-german-construct/. 
  33. ↑ "Schneider Electric a finalisé le rachat de RIB Software". Les Echos Investir. 10 July 2020. https://investir.lesechos.fr/actions/actualites/schneider-electric-a-finalise-le-rachat-de-rib-software-1917913.php. 
  34. ↑ "Schneider Electric SE:'s Acquisition of ProLeiT AG: Marketscreener". 8 May 2020. https://www.marketscreener.com/quote/stock/SCHNEIDER-ELECTRIC-SE-4699/news/Schneider-Electric-SE-s-Acquisition-of-ProLeiT-AG-30566848/. 
  35. ↑ 35.0 35.1 "15 Most Sustainable Companies in the World". 12 February 2023. https://finance.yahoo.com/news/15-most-sustainable-companies-world-204809823.html. 
  36. ↑ "Schneider Electric: acquisition d'Aveva finalisée". 18 January 2023. https://www.boursorama.com/bourse/actualites/schneider-electric-acquisition-d-aveva-finalisee-67da07cf146803f965ee84259c2e921f. 
  37. ↑ "Conseil environnemental : Schneider Electric a finalisé l’acquisition d’EcoAct". https://www.environnement-magazine.fr/politiques/article/2023/11/03/146465/conseil-environnemental-schneider-electric-finalise-acquisition-ecoact. 
  38. ↑ "Schneider Electric finalise l’acquisition d’EcoAct, spécialiste de la data sur l’environnement". https://www.larevuedudigital.com/schneider-electric-finalise-lacquisition-decoact-specialiste-de-la-data-sur-lenvironnement/. 
  39. ↑ "Conseil climatique: Schneider Electric finalise l'acquisition d'EcoAct". https://www.connaissancedesenergies.org/afp/conseil-climatique-schneider-electric-finalise-lacquisition-decoact-231102. 
  40. ↑ Bourbon, Jean-Claude (July 9, 2020). "Schneider takes another step into digital". La Croix. https://www.la-croix.com/Economie/Schneider-fait-pas-numerique-2020-09-07-1201112679. 
  41. ↑ Lepetit, Bérangère (March 30, 2019). "Schneider Electric's "private and free" school has been training since 1930". Le Parisien. https://www.leparisien.fr/economie/formation-l-ecole-privee-et-gratuite-de-schneider-electric-forme-depuis-1930-30-03-2019-8042895.php. 
  42. ↑ Peterson, David (March 2, 2022). "The Origin Story of the PLC". Control Automation. https://control.com/technical-articles/the-origin-story-of-the-plc/. 
  43. ↑ "Schneider completes PDL takeover". The New Zealand Herald. 22 June 2001. https://www.nzherald.co.nz/business/schneider-completes-pdl-takeover/E46YIJUK2J263AUZI7PS72EULE/. 
  44. ↑ "Company". Schneider-Electric. https://www.pdl.co.nz/about-us. 
  45. ↑ "EQT divests TAC to Schneider Electric". June 12, 2003. https://eqtgroup.com/news/2003/EQT-divests-TAC-to-Schneider-Electric/. 
  46. ↑ "Schneider buys Kavlico and takes a stake in Elau - Drives and Controls Magazine". https://drivesncontrols.com/news/archivestory.php/aid/1744/Schneider_buys_Kavlico_and_takes_a_stake_in_Elau.html. 
  47. ↑ Menon, Ravi (January 20, 2013). "Schneider to widen Clipsal reach". Business Standard. https://www.business-standard.com/article/companies/schneider-to-widen-clipsal-reach-109082000066_1.html. 
  48. ↑ 48.0 48.1 John, Peter (July 22, 2005). "Schneider buys BEI Technologies for $562m". Financial Times. https://www.ft.com/content/e6fbd4a4-fa96-11d9-a0f6-00000e2511c8. 
  49. ↑ "Schneider Electric gets GET in the UK". Drives & Controls. September 1, 2006. https://drivesncontrols.com/news/archivestory.php/aid/70/Schneider_Electric_gets_GET_in_the_UK.html. 
  50. ↑ "Citect CEO Excited to be There". Automation World. August 1, 2006. https://www.automationworld.com/products/control/news/13302392/citect-ceo-excited-to-be-there. 
  51. ↑ Singh, Seema (August 6, 2009). "Schneider acquires Meher Capacitors". LiveMint. https://www.livemint.com/2009/08/06221618/schneider-acquires-meher-capac.html. 
  52. ↑ "Zicom to sell security units to Schneider for Rs 225 cr". The Times Of India. 6 March 2010. http://articles.economictimes.indiatimes.com/2010-03-06/news/28467627_1_manohar-bidaye-zicom-electronic-security-systems-business. 
  53. ↑ "Schneider buys Australia's SCADA group". 14 April 2010. http://www.businessspectator.com.au/bs.nsf/Article/Schneider-buys-Australias-SCADAgroup-for-185-mln-4GMDA?opendocument&src=rss. 
  54. ↑ "Alstom and Schneider for Areva T&D". World-nuclear-news.org. 2009-12-01. http://www.world-nuclear-news.org/C-Alstom_and_Schneider_for_Areva_T_and_D-0112097.html. 
  55. ↑ Guevarra, Leslie (March 25, 2011). "Schneider's $268M Acquisition of Summit Energy Tightens EECA Market". GreenBiz. https://www.greenbiz.com/article/schneiders-268m-acquisition-summit-energy-tightens-eeca-market. 
  56. ↑ "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India. 1 April 2011. http://articles.economictimes.indiatimes.com/2011-04-01/news/29370443_1_d-link-corporation-passive-networking-k-r-naik. 
  57. ↑ "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India. http://articles.economictimes.indiatimes.com/2011-05-20/news/29565021_1_pc-stake-apw-president-systems-schneider-electric. 
  58. ↑ "Schneider to acquire 74% stake in Luminous Power". The Hindu. 31 May 2011. http://www.thehindu.com/business/companies/article2065691.ece. 
  59. ↑ Abboud, Leila (June 1, 2011). "Schneider Electric to buy grid software group Telvent". Reuters. https://www.reuters.com/article/us-schneider/schneider-electric-to-buy-grid-software-group-telvent-idUSTRE7500YJ20110601. 
  60. ↑ "Schneider snags Viridity to see how many watts servers suck". Gigaom. 2011-12-20. http://gigaom.com/cleantech/schneider-snags-viridity-to-see-how-many-watts-servers-suck/. 
  61. ↑ Crozier, Ry (September 3, 2012). "SolveIT bought by Schneider Electric". CRN. https://www.crn.com.au/news/solveit-bought-by-schneider-electric-314395. 
  62. ↑ Schultz, Jordan M. (January 17, 2014). "Schneider Electric completes acquisition of Invensys". Control Engineering. https://www.controleng.com/articles/schneider-electric-completes-acquisition-of-invensys/. 
  63. ↑ Peterson, Jeff (April 22, 2020). "Schneider Electric consolidating operations at Foxboro campus; loss of more than 100 jobs". The Sun Chronicle. https://www.thesunchronicle.com/foxboro_reporter/news/local_news/schneider-electric-consolidating-operations-at-foxboro-campus-loss-of-more-than-100-jobs/article_1ff6d41a-32c1-527e-863b-c08896f9599a.html. 
  64. ↑ "Schneider Electric buys Asco, raises 2017 guidance". CNBC. 2017-07-27. https://www.cnbc.com/2017/07/27/reuters-america-update-1-schneider-electric-buys-asco-raises-2017-guidance.html. 
  65. ↑ Tan, Huileng (2017-09-24). "Schneider Electric CEO: Aveva acquisition combines software and engineering strengths". CNBC. https://www.cnbc.com/2017/09/24/schneider-electric-ceo-aveva-buy-to-boost-manufacturing-services.html. 
  66. ↑ Hurst, Aaron (January 19, 2023). "Schneider Electric completes acquisition of AVEVA". Information age. https://www.information-age.com/schneider-electric-completes-acquisition-of-aveva-123501163/l. 
  67. ↑ Clarke, Susan (November 24, 2020). "Schneider Electric's Acquisition Of ETAP Highlights The Strengthening Market Conditions For Microgrid Deployments". Verdantix. https://www.verdantix.com/insights/blogs/schneider-electric-s-acquisition-of-etap-highlights-the-strengthening-market-conditions-for-microgrid-deployments. 
  68. ↑ Wilkinson, Paul (February 20, 2020). "Schneider Electric makes €1.4 bn bid for RIB Software". Extranet Evolution. http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/. 
  69. ↑ Moore, Paul (August 25, 2020). "Schneider Electric-controlled AVEVA buying mining real-time data major OSIsoft". International Mining. https://im-mining.com/2020/08/25/schneider-electric-controlled-aveva-buying-mining-real-time-data-major-osisoft/. 
  70. ↑ Thomas, Tanya (August 31, 2020). "L&T sells its electrical and automation business to Schneider Electric for ₹14,000 crore". LiveMint. https://www.livemint.com/companies/news/l-t-sells-its-electrical-and-automation-business-to-schneider-electric-for-rs-14-000-crore-11598877278444.html. 
  71. ↑ McManan-Smith, Tim (January 14, 2022). "Schneider Electric acquires Zeigo PPA platform". The Energyst. https://theenergyst.com/schneider-electric-acquires-zeigo-ppa-platform/. 
  72. ↑ Kerencheva, Emanuela (June 22, 2022). "Schneider Electric Acquires EV Charging Platform EV Connect". ESG Today. https://www.esgtoday.com/schneider-electric-acquires-ev-charging-platform-ev-connect/. 
  73. ↑ Spector, Julian (February 18, 2022). "Schneider snaps up solar marketplace EnergySage, aims to electrify homes". Canary Media. https://www.canarymedia.com/articles/solar/schneider-snaps-up-solar-marketplace-energysage-aims-to-electrify-homes/. 
  74. ↑ Runyon, Jennifer (May 13, 2022). "Schneider Electric scoops up DERMS provider AutoGrid". Smart Energy International. https://www.smart-energy.com/industry-sectors/energy-grid-management/schneider-electric-scoops-up-derms-provider-autogrid/. 
  75. ↑ "Schneider Electric". https://www.forbes.com/companies/schneider-electric/?sh=3b32e8013b33. 
  76. ↑ "The Power Of The Grid In An Intelligent Distributed World". https://www.forbes.com/sites/windriver/2022/02/01/the-power-of-the-grid-in-an-intelligent-distributed-world-part-1/?sh=7e67d75f7e55. 
  77. ↑ "Schneider Electric Rolls Out a Series of EcoStruxure Platforms | ARC Advisory Group". 27 September 2017. https://www.arcweb.com/blog/schneider-electric-rolls-out-series-ecostruxure-platforms. 
  78. ↑ ReportLinker (2020-11-24). "The Global Smart Factory Market was valued at USD 252.29 Billion in 2019, and it is expected to reach USD 422.88 Billion by 2025, registering a CAGR of 9.33% during the forecast period, 2019-2025". GlobeNewswire News Room (Press release). Retrieved 2020-12-03.
  79. ↑ "Schneider Electric Launches Digital Twin Software Solution". 3 June 2022. https://finance.yahoo.com/news/schneider-electric-launches-digital-twin-190000988.html. 
  80. ↑ Buntz, Brian (15 November 2018). "Schneider Electric Ventures Debuts at Innovation Summit". https://www.iotworldtoday.com/2018/11/15/schneider-electric-ventures-debuts-at-innovation-summit/. 
  81. ↑ 81.0 81.1 "Aims to enhance OT exposure detection capability by identifying misconfigured connected devices Seeks to improve overall security of customers and partners in the OT environment". GlobeNewswire (Press release). 8 January 2023. Retrieved 9 January 2023.
  82. ↑ "Schneider Electric forme un nouveau partenariat sur l'identification des risques technologiques opérationnels mondiaux". 9 January 2023. https://www.zonebourse.com/cours/action/SCHNEIDER-ELECTRIC-SE-4699/actualite/Schneider-Electric-forme-un-nouveau-partenariat-sur-l-identification-des-risques-technologiques-oper-42688539/. 
  83. ↑ "Legal information" (in en-US). https://www.se.com/ww/en/about-us/legal/legal-information.jsp. 
  84. ↑ Arakali, Harichandan (March 9, 2022). "Help develop global leaders at your organisation: Schneider Electric". Forbes India. https://www.forbesindia.com/article/india039s-best-employers-2022/help-develop-global-leaders-at-your-organisation-schneider-electric/74311/1. 
  85. ↑ McNees, Marissa (January 4, 2022). "Schneider Electric introduces home energy solutions made from recycled ocean plastics". Recycling Today. https://www.recyclingtoday.com/article/schneider-debuts-home-energy-solutions-made-from-ocean-plastics/. 
  86. ↑ Campbell, Charlie (October 17, 2022). "How Schneider Electric's CEO Made It One of the Most Sustainable Companies in the World". Time. https://time.com/6222387/schneider-ceo-tricoire-interview/. Retrieved November 16, 2022. 
  87. ↑ "India's Schneider Electric Infrastructure posts second-quarter profit". Reuters. November 3, 2022. https://www.reuters.com/business/indias-schneider-electric-infrastructure-posts-second-quarter-profit-2022-11-03/. 
  88. ↑ "Boston's Schneider Electric appoints Dallas-based Joshua Dickinson to CFO for North America". Dallas Business Journal. September 29, 2022. https://www.bizjournals.com/dallas/news/2022/09/29/schneider-electric-appoints-dallas-based-executive.html. 

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