Schneider Electric announced that it will be inking a $3 billion multi-year agreement with Compass Datacenters. The announcement was made at its Capital Markets Day meeting with investors. The agreement extends the companies’ existing relationship that integrates their respective supply chains to manufacture and deliver prefabricated modular data center solutions. Since the inception of the […]
Tag: India
Schneider Electric and Compass Datacenters sign $3bn equipment deal
Compass Datacenters has signed a deal to buy $3 billion worth of equipment. According to the companies, the five-year deal has been motivated in part by the artificial intelligence (AI) boom which has significantly increased demand for data centers. The agreement extends a relationship, announced in July 2023, in which Schneider Electric and Compass would […]
Schneider Electric wired up to meet businesses’ digital competitiveness
With Chinese companies across many industries experiencing a growing demand for building data centers to uphold their digital competitiveness, Schneider Electric SE, a French multinational energy management company, pledged to allocate more resources to meet the need for power quality management and carbon reduction in the years ahead, said a senior executive. The transformation of […]
Schneider Electric drives Generative AI productivity and sustainability solutions by integrating Microsoft Azure OpenAI
• Schneider Electric customers and employees use GenAI (Generative AI) capabilities which deliver productivity gains and new ways of working • Collaboration with Microsoft in artificial intelligence is focused on creating innovative solutions for sustainability RUEIL-MALMAISON, France – Nov. 18, 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, is […]
Schneider Electric Boosts Gen AI Productivity and Sustainability Solutions with Microsoft Azure OpenAI Integration
Housing on a long-standing partnership with Microsoft, Schneider Electric is integrating Microsoft Azure OpenAI to build solutions that use algorithms to generate text, code, and other types of content. It boosts operational processes, streamlines time-consuming tasksz, optimizes resource allocation, and increases speed and efficiency. Schneider Electric uses Gen AI’s abilities to help customers transform their […]
Schneider Electric and Compass Datacenters expand partnership with $3B agreement
t its Capital Markets Day meeting with investors, Schneider Electric announced a $3 billion multi-year agreement with Compass Datacenters. The agreement extends the companies’ existing relationship, integrating their respective supply chains to manufacture and deliver prefabricated modular data center solutions. A key driver of the expanded pact is the growing AI market, which is driving the […]
Schneider Electric decarbonises electric distribution
Schneider Electric switchgear solutions decarbonise energy distribution by eliminating SF6 greenhouse gas from infrastructure equipment How can the energy supply chain be sustainable if the technology used in the distribution of energy, also renewable energy, is yet to be decarbonised? In commercial and industrial buildings, the very equipment charged with the mission to supply electricity […]
Homart Group’s Remarkable Presence at the 6th CIIE in Shanghai
The 6th China International Import Expo (CIIE), which took place from November 5th to 10th in Shanghai, was graced by the presence of Australian Prime Minister Anthony Albanese. He attended both the CIIE’s opening ceremony and a reception with the Prime Minister of Australia on November 5th. Homart Group, highly recommended by the Australian Trade […]
Schneider Electric buys AI sustainability tool developer EcoAct
Schneider Electric has bought sustainability AI tool developer EcoAct SAS from its parent Atos. The completion of the transaction follows consultation with the relevant employee representative bodies and approval from the competent regulatory authorities. EcoAct in Paris has a portfolio of net zero and nature-based products and services, including consulting, climate data tools, and carbon […]
Schneider Electric Launches $4M Lab for Digital Building R&D
Schneider Electric is opening a new $4 million lab for research and development and testing for digital building applications. Schneider Electric specializes in digital automation and energy management, and the new facility is located in Montreal within the Mile X area of the Marconi district, which is known for housing local tech and AI businesses, […]