Company Research Report: Schneider Electric

Company Overview

Name

Schneider Electric

Mission

Schneider Electric’s mission is to be the trusted partner in Sustainability and Efficiency.

Founding

The company was founded in 1836 by the Schneider brothers who acquired mines and forges at Le Creusot, France. In 1838, they created Schneider & Cie., marking the beginning of the company.

Key People

Peter Herweck: Chief Executive Officer

Peter Herweck became CEO in May 2023. He first joined Schneider Electric in 2016 and has held various executive roles in the industrial automation business. Prior to this, he was an executive at Siemens and served as CEO of the industrial software group AVEVA.

Jean-Pascal Tricoire: Chairman of the Board of Directors

Previously, he also served as CEO but transitioned to the Chairman role in 2023.

Headquarters

Rueil-Malmaison, France

Number of Employees

150,000 employees worldwide

Revenue

€36 billion in 2023

Recognition

Schneider Electric is known as a global leader in the digital transformation of energy management and automation. It is recognized for its sustainability efforts, being named the world’s most sustainable company by Time magazine and Statista in 2024.

Products

Product Offering

Schneider Electric offers a wide range of products and solutions across various segments including:

Smart Grid Solutions

EcoStruxure™ Architecture and Platform

Industrial Automation Solutions

Data Center and Power Management Software

Facility, Asset, & Energy Management Software

Key Features

EcoStruxure™: An IoT-enabled, plug-and-play, open, interoperable architecture and platform for homes, buildings, data centers, infrastructure, and industries. It offers innovation at every level (connected products, edge control, and apps, analytics & services).

Software Solutions: Schneider Electric provides advanced software solutions across various areas such as industrial automation, grid management, and facility management. Notable offerings include EcoStruxure Automation Expert and the AVEVA suite of products.

Recent Developments

New Products and Features

Smart Grid Solutions: Schneider Electric launched new smart grid solutions at Enlit Europe 2024 to enhance grid resiliency, flexibility, and net-zero demand management.

Advanced Liquid Cooling Solutions: By acquiring Motivair Corporation, Schneider Electric has strengthened its position in data center liquid cooling solutions.

Cybersecurity Certification: Schneider Electric achieved a higher level of cybersecurity certification for its EcoStruxure IT DCIM solutions.

Partnerships

Partnerships with Microsoft, Autodesk, and Accenture to accelerate digital transformation for buildings, infrastructure, and industry, driving innovation and scale in digital solutions.

Achievements

Inclusion in the Dow Jones Sustainability World Index for the 13th consecutive year.

Secured rank #1 in the industry and recognition in the Europe index for its strong environmental, social, and governance performance.

This report provides a detailed overview of Schneider Electric highlighting its commitment to sustainability, recent innovations, and strategic industry position. For further insights, investors and stakeholders can access the company’s publications and communication channels.