Schneider Electric Bets Big On Electrification And Digitization To Drive Decarbonization

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Executive Summary

Schneider Electric’s Innovation Summit was held in Paris in early April 2024. The firm remains grounded in its strategic vision for a decarbonized future, and seeks to provide a swathe of electrification and digitization products and services to help its clients realize this. Key product announcements saw the launch of a new agnostic data platform CONNECT; new optimization offerings for small- to medium-sized buildings; an expansion of Schneider’s consulting offering for supply chain decarbonization; and new partnerships in data centre sustainability. This report should be leveraged by buyers looking to understand the strategic thinking underpinning the French conglomerate’s latest product releases, as well as the products themselves, so that applicable releases may be considered for procurement.

Table of contents

Schneider Electric’s latest innovations seek to realize greater energy and carbon savings for customers
Launched products aim to unify existing solutions whilst targeting historic gaps
Enablement is a strategic thread that runs through all of Schneider’s innovations
Schneider builds a sticky and easy-to-commission portfolio decarbonization offer

Table of figures

Figure 1. AI is present throughout EcoStruxure’s architecture

About the authors

Harry Wilson

Industry Analyst
Harry is an Industry Analyst in the Verdantix Smart Buildings practice. His current research agenda focuses on emerging solutions for building energy management, alongside strategies for building decarbonization. Prior to joining Verdantix, Harry worked as a mechanical engineer at Arup, where he specialized in the design of net zero facilities across the commercial, science and technology sectors. He holds an MEng in Mechanical Engineering from the University of Nottingham.

Ryan Skinner

Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zero strategies, carbon management, climate risk and technology. Prior to joining Verdantix, Ryan was a principal analyst at Forrester Research, where he initiated the research into ESG data and analytics offerings. He also has extensive experience of helping software companies with their messaging, positioning, market and technology strategies. Ryan studied at Duke University, the University of Manchester and the University of Oslo, and speaks Norwegian fluently.

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