Schneider Electric – Digital Transformation Strategies

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Published: June 28, 2024 Report Code: GDDT0837ES-ST

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Schneider Electric Digital Transformation Strategies Report Overview

Schneider Electric has been focusing on using AI, big data, IoT, cloud, 3D printing, data centers, batteries, blockchain, automation, connectivity, cybersecurity, fintech, electric vehicles, and robotics to digitally transform its operations. The annual ICT spending of Schneider Electric was estimated at $768.9 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Schneider Electric is a multi-national industrial technology company. It produces electrification, automation, and digitization products for smart industries, smart homes, future-proof data centers, smart buildings, and infrastructure projects. The company’s product portfolio includes low-voltage products and systems (such as circuit breakers, panel boards, switchboards, etc.), home control solutions, switches, sockets, EV charging stations, industrial automation and control products, building automation and control products (such as sensors, valves and valve actuators, access control products, etc.), medium voltage distribution and grid automation products (such as medium voltage switchgear, medium voltage transformers, switchgear components, etc.), data center solutions (such as power protection, precision cooling, and IT equipment racks), and energy storage products. Schneider Electric also offers a wide range of software solutions, including data center infrastructure management solutions, energy management solutions, and industrial automation software.

The Schneider Electric digital transformation strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology partnerships, technology introductions, acquisitions, and ICT spending among others.

Total ICT Spending 2023 $768.9 million
ICT Spend by Function Data center, Communications, Network, Application, End-User computing, Management, and Service Desk
ICT Spend by Channel Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators
External ICT Spend by Segment Software (including cloud SaaS), Hardware (including cloud Iaas), ICT services, Consulting, Network and communications, and Others
Technology Theme Focus AI, big data, IoT, cloud, 3D printing, data centers, batteries, blockchain, automation, connectivity, cybersecurity, fintech, electric vehicles and robotics
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Digital Transformation Strategies

Schneider Electric is harnessing the power of artificial intelligence (AI) to improve operational efficiency, enhance its product portfolio, and help its customers become more energy efficient.

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Schneider Electric Technology Theme Focus

Schneider Electric is leveraging several emerging technologies, including AI, big data, IoT, cloud, 3D printing, data centers, and robotics among others to improve operational efficiency, develop innovative, technologically advanced products, ensure continuous production, optimize plant operations, and accelerate business growth.

Schneider Electric Technology Focus

Schneider Electric Technology Focus

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Schneider Electric Technology Initiatives

Schneider Electric has been involved in several strategic technology partnerships and collaborations, technology developments and rollouts, investments, and acquisitions over the last few years. For instance, in 2024, Schneider Electric enhanced its EcoStruxure IT data center infrastructure management (DCIM) software with machine learning-powered sustainability reporting capabilities.

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Schneider Electric ICT Spend by Function

  • Datacenter
  • Communications
  • Network
  • Applications
  • End-user computing
  • Management
  • ICT Service desk

Schneider Electric ICT Spend by Function, 2023 (%)

Schneider Electric ICT Spend by Function, 2023 (%)

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Schneider Electric ICT Spend by Channel

  • Internal development and maintenance
  • Technology vendors (direct)
  • Local resellers
  • Telcos
  • ICT services providers/consulting firms
  • Specialist outsourcers
  • Systems integrators

Schneider Electric ICT Spend by Channel, 2023 (%)

Schneider Electric ICT Spend by Channel, 2023 (%)

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Schneider Electric External ICT Spend by Segment

  • Software (including Cloud SaaS)
  • Hardware (including Cloud IaaS)
  • ICT services
  • Consulting
  • Network and communications
  • Others

Schneider Electric External ICT Spend by Segment, 2023 (%)

Schneider Electric External ICT Spend by Segment, 2023 (%)

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Scope

This report provides:

  • Insight into Schneider Electric’s technology activities.

  • Overview of technology initiatives covering partnerships, technology introductions, investments, and acquisitions.

  • Insights on each technology initiative including technology theme, objective, and benefits.

  • Details of estimated ICT budgets.

Reasons to Buy

  • Gain insights into Schneider Electric’s technology operations.

  • Gain insights into its technology strategies and innovation initiatives.

  • Gain insights into its technology themes under focus.

  • Gain insights into its various partnerships, technology introductions, and acquisitions.

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Table of Contents

Overview                                                                                              

– Brief information about the company, its business divisions, and its financials

Digital Transformation Strategy                                                      

– A summary of key digital strategies/implementation efforts of the company

Accelerators, Incubators, and other innovation programs

– Discusses the company’s key strategic units, innovation labs, incubation, and accelerator programs dedicated to technology innovation

Technology Focus                                                                               

– Lists the technology themes pertinent to the industry the company operates in and highlights the themes adopted by the company

Technology Initiatives                                                                       

– Discussion about all the technology introductions & partnerships the company has entered

Venture Arm: SE Ventures

– Discussion about the company’s venture arm

Investments

– Brief discussion about the investments by the company

Acquisitions                                                                                        

– Brief discussion about the acquisitions by the company

Partnership, Investments & Acquisition Network Map                                 

– A bird’s eye view of all the partnerships/investments/acquisitions that the company has made in the last 3-5 years

ICT Budget and Contracts                                                                 

– The company’s ICT budget segregated into hardware, software, and managed IT services

Key Executives                                                                                     

– Lists key executives and Digital Transformation Executives of the company, typically the key decision makers/influencers

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