Schneider Electric: The road to intuitive industry

Posted by Schneider Electric on November 18th, 2017

The Industrial Internet of Things is transforming business models in different sectors. According to the IDC consultant, at the end of 2017 the IoT market will reach an approximate value of 4,158 million dollars in Mexico alone.

With the arrival of this megatrend, the rules of competition, production and service provision are changing; Now organizations can offer services and hybrid products that will generate new revenues.
According to the consultancy PriceWaterhouseCoopers , by 2020 the global manufacturing industry aspires to a 72% range in its digitization level. It is expected that, thanks to this, the companies in this sector can achieve a cost reduction of over 420,000 million dollars, in a span of just five years.

But what is intuitive industry about? a different perspective where the focus of attention is not how connected we can be, on the contrary, it is time to focus on the real results and the added value that this implies.

Connected smart devices and products can interact transparently, allowing industries to digitalize for more efficiency, more control and more value. The future of intuitive industries depends on an end-to-end IOT architecture that eliminates the complexity of its adoption.

All this is achieved through an integral architecture, where it is possible to minimize complexity. That is to say, to work with the technology that already exists adding new capacities, functionalities and connections. EcoStruxure ™ by Schneider Electric,

Today with the evaluation of the IIoT and the introduction of the intuitive industry we can recognize elements that any company should take into account in the face of these changes:

Standardization. It is necessary to establish standards to allow smart products, machinery and goods to connect and interact in a transparent manner. The standardization we are talking about goes a step beyond simple communication protocols and involves the creation of standard semantics and mechanisms that allow devices to discover and interoperate.
Cybersecurity The expansion of IIoT (Industrial Internet of Things) is accelerating the need to implement cybersecurity in industrial control systems. The IIoT brings with it a high complexity that would not be complete without taking into account the cybersecurity that must be incorporated into all the components that make up the automation systems.
Competencies of workers. The skills needed to design and operate systems based on IIoT are somewhat different from those that have been demanded so far for classic automation systems.
The growing number of connected devices has laid the foundations of the IIoT and the convergence between information technology and operating technology is building the pillars of growth. Although the trend is leading the debates in the industrial sector, it does not completely break with the existing. But it is an evolution that has to lead the industry to go one step further, to grow more and to do better: a new era of industrial revolution.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this *Life Is On*. Schneider Electric is the worldwide expert in energy administration and automation. With incomes of ~€25 billion in FY2016, our 144,000 representatives serve clients in more than 100 nations, Schneider Electric helping them to deal with their energy and process in ways that are protected, dependable, productive and practical. From the least difficult of changes to complex operational frameworks, Schneider Electric innovation, programming and administrations enhance the way our clients oversee and computerize their operations. Schneider Electric associated advancements reshape businesses, change urban communities and advance lives. At Schneider Electric, we call this Life Is On. Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.