A report produced by Schneider Electric analyzes 230 projects carried out by customers in the last 5 years, which have produced extensive and quantifiable benefits: up to 80% savings in CapEx, even 85% savings in OpEx (for energy consumption)
During the Davos World Economic Forum, Schneider Electric presented the study Global Digital Transformation Benefits Report 2019, which presents concrete evidence of the potential generated by digitalisation in the industrial, commercial and public sector. The tests are the extensive and quantifiable business benefits identified by analyzing 230 projects that Schneider Electric has completed with its customers in 41 countries over the past five years, all realized using the Schneider Electric EcoStruxure architecture and platform proposed by the company.
The objective of this report is to give readers a useful and realistic reference framework on the potential of digital transformation in the field of energy management and automation.
The advantages identified are classified into three categories, all essential for competitiveness: capital expenditure (CapEx), operating expenses (OpEx), and advantages related to sustainability, speed and performance. The study takes into consideration 4 key sectors of the economy: buildings, data centers, manufacturing industry and infrastructures – united by being interested in a process of transformation that will radically change the way we live, work and spend our time.
Significant CapEx and OpEx savings
The data presented in the report leaves the concerns of those who fear that digital transformation is an expensive choice in terms of CapEx, which requires the adoption of new systems and a complex integration in existing processes. The projects examined in the rest show that the opposite is true.
In fact, the study shows that, for example, the digitalisation of design processes can save an average of 35%, affecting capital expenditure and optimizing time. In addition, costs for commissioning new systems and assets can be reduced by an average of 29%.
The analysis also reveals that digitization – taking advantage of the Internet of Things – can lead to significant savings on operating expenses, effectively improving efficiency, reliability, safety and sustainability. The companies and organizations involved in the study report an average saving of 24% on energy consumption, as a result of digitization projects.
In the industrial sector, digital transformation allows us to do more with less: produce more with less energy, less materials, fewer working hours. Higher productivity (up to 50%) derives from the efficiencies created in terms of energy management and automation throughout the value chain, with the most diverse applications: from IoT-based product tracking to line automation productive.
Schneider Electric began its journey of digital transformation several years ago. In 2009, the company presented EcoStruxure , its architecture and platform enabled by IoT, plug & play, open and interoperable.
Today, this platform is optimized to make the most of cloud and digital services; it produces added value in terms of safety, reliability, efficiency, sustainability and connectivity.
Schneider Electric EcoStruxure exploits the technological evolution of IoT, mobility, sensorisics, cloud, analytics, cyber-security to create innovation at all levels: connected products, control systems, applications, analytics and services. Schneider Electric EcoStruxure is already used in over 480,000 sites; enjoys the support of an ecosystem composed of over 20,000 developers and system integrators; connects more than 1,600,000 assets managed through over 40 digital services available. Thanks to EcoStruxure, 45% of Schneider Electric’s sales in 2017 were generated by IoT-related solutions.
The report reveals a broader view of the power that can be emanated from digital transformation in energy management and automation. When companies digitize both, they work together and produce even greater value.
“Digital transformation is the only way to create consistency and efficiency in a company. Technologies like the Internet of Things, artificial intelligence, big data and analytics are already producing innovation, results, competitive advantage,” said Jean-Pascal Tricoire , President and CEO of Schneider Electric. “Our study highlights that many companies and organizations need someone to trust in managing this complexity and unlocking the full potential of digital transformation. Our technologies, based on Schneider Electric EcoStruxure, exploit the power of digitization, allowing our customers to become more efficient, secure, reliable, connected, sustainable: in short, the leaders of the new digital economy”.
About Schneider Electric
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.
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