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2 Jun 29 2011 @ 10:55am by Matt Smith in energy consulting, Global Energy, risk management, Risk Strategy, Technology

Schneider Electric Burrito Bites

I’ve been doing some digging recently into our new suitors, Schneider Electric, and thought it would be useful to share some of this info, along with some high level facts / snacks / bites to chomp on. Transitioning from a company of under a thousand employees to being a part of one with over a hundred and ten thousand means there is a lot to learn, and that there is a lot that goes on underneath this new bonnet (see left). Actually, by bonnet I mean hood; am slipping back into my European ways (the bonnet at left will be revealed later…). So enjoy and relax, with these Schneider facts: 

1) Schneider Electric is the seventh largest company on the French stock exchange (behind the likes of Total, BNP Paribas, and Danone), and is part of the S&P Global 100 Index, with a current market cap of $44.5 billion (€30.9 billion)
2) Schneider has established Energy University™ (and I’m not even kidding; they have totally trademarked it) with over fifty courses to enroll in
3) Global sales totaled $28 billion (€19.6 billion) last year
4) They invent words and phrases (earning the Burrito stamp of approval), such as ‘Plant Struxure’ (a holistic solution to optimize plants), ‘Machine Struxure’ (an integrated platform for automation from everything from escalators to assembly lines), and (my favorite) the ‘Negawatt‘ (the unit of energy you don’t use)   

Nope, wrong type of Transformer

5) Almost half of Schneider’s sales (in 2008) came from the Power Business division, which offers products from circuit breakers and transformers to lighting controls and energy monitoring systems
6) Schneider likes acronyms. For example, their website and presentations involve acronyms such as iPMCCs (intelligent power and motor control centers) and OEMs (Original Equipment Manufacturers)
7) Schneider is active in 190 countries, while global sales are pretty evenly split: 34% western Europe, 24% Asia Pacific, 24% North America, 18% rest of the world
8) Schneider Electric’s head office (‘The Hive’) is the first building in the world to be certified as complying with the new ISO 50001 standard to improve energy performance and management  
9) Schneider has a new approach called ‘ExoStruxure‘ (more made-up words), which aims to save consumers 30% on their energy bills through energy management ‘from plant to plug’
10) The business is split into 5 key areas:   

Power management – from metering to electric vehicle recharging
Process Management – maximizing plant and production efficiency
IT / Server Room Management – software for monitoring / controlling cooling, security, and energy
Building Management – including HVAC control and lighting control
Security management – surveillance equipment and security (think Mission Impossible laser beams – that kind of stuff)   

Finally, the image (top left) was pilfered from this presentation by Jose Rivera on Schneider Electric’s Industry Business Story. It is an optical illusion showing both a young and old woman, titled ‘we see what we select to see’. I see good times ahead for Summit Energy.

2 Comments on this post:

  1. John Jennrich says:

    Matt,
    If I’m not mistaken, Amory Lovins coined the term negawatt many years ago. Same meaning: the power not used.
    John.

  2. Matt Smith says:

    Thanks, John – I stand corrected. Darn, there was me thinking Schneider was being super-smart!!

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