The company has been spending billions on software that collects and analyzes information from electrical products for building owners and energy managers.
Schneider Electric executives used their Influencer Summit 2014 event on Sept. 11 to showcase their new North American headquarters in Andover, Mass. and to give about 80 analysts and editors insight into how they are positioning the company for growth with a blend of facility, industrial and utility software and brands such as Square D, Modicon and APC.
The event’s presentations all touched on a central theme — what Schneider Electric sees as a massive global business opportunity to modernize, retrofit and where necessary interconnect the existing buildings in virtually all market segments, as well as the greenfield opportunities to install the latest in interconnected energy-efficient electrical systems in new buildings. Schneider plans to link these devices with its stable of industrial, facility management and utility system software such as Wonderware, StruxureWare, other applications offered by Invensys, its recent $5.6 billion acquisition, and software for the utility market developed by Telvent, a provider of IT software and solutions for the utility, oil & gas, water and transportation markets.[…]