Welcome to the Schneider Electric corporate Website

Seizing the digital opportunity – an industrial software action plan

November 1, 2022

Industrial enterprises are under pressure to adopt a digital-driven approach for their operations and for interacting with markets, customers, and the world around us.

By

Schneider Electric Industrial Automation

Seizing the digital opportunity

An industrial software action plan

There is a heightened need for manufacturers to achieve what the MLC now calls ‘digital acumen’ in their leadership ranks and digital literacy in their workforces; mastery over the collection, organization, and analysis of data; and the need to understand the potential of advanced technologies to create new business models.” Manufacturing Leadership Council

Our world is undergoing a digital metamorphosis. The way we obtain, produce, and deliver goods and services is increasingly driven by information technology. More people are working remotely. More interactions are digital. And more routine, repetitive, and high-risk operations are automated.

Industrial enterprises are under pressure to adopt a digital-driven approach for their operations and for interacting with markets, customers, and the world around us.

At the same time, manufacturing and process industries face accelerating challenges, including supply chain interruptions, the energy crisis, major business disruptions due to the pandemic, intensified sustainability concerns, and a rapidly changing workforce.

As modern industrialists, it’s time to make bold moves. Why? Because we will not succeed simply by making existing processes and equipment more efficient and holding on to outdated business practices.

“Industrial giants rose to dominance by making high-quality physical objects. Lower-cost competition and increasingly complex multistakeholder ecosystems mean this old route to success is no longer sufficient. To survive, industrial firms must move faster, deliver new value to new stakeholders, and respond to the shifting expectations of both their customers and their customers’ customers.” Forrester

Digital transformation is not only about using digital tools to improve the way we currently work. Digital transformation is about fundamentally changing the way we do business. It impacts everything across an organization—from its people and culture to its processes and business model. Companies that undergo holistic digital transformations will be well positioned to prosper among the industries of the future.

According to LNS Research, one-half of industrial enterprises report they have embarked on a digital transformation journey, and these programs are yielding real benefits. LNS found that leaders in digital transformation are 72% more likely to have grown revenues by more than 10%, and 57% more likely to have reduced Cost of Goods Sold (COGS) by more than 10% because of these initiatives.

The future of partnerships: Innovation meets scale in a digital and electric world

Three key elements to help increase the success of digital transformation efforts
October 30, 2023

Sustainable industries: Environmental awareness meets cost effectiveness

The industries of the future will rely on smart technology to achieve sustainable production and climate goals.
EcoFit services leveraging repairability and circularity for modernization of equipment and spare parts.
October 5, 2023

How circular business models drive resilient growth

Practical advice for companies that want to get behind the circular economy
July 3, 2023

Decoding the role of hydrogen in mining

The emerging applications of hydrogen in the mining industry and its role in decarbonization efforts
Heating Furnace
February 3, 2023

How to overcome metals and minerals processing challenges?

Environmental regulations and rising relative costs continue to be challenges for the metals and minerals processing industry. What solutions are helping industries overcome these challenges and drive sustainable operations?
February 3, 2023

Overcoming Challenges in the Biofuels Industry

How is technological innovation in control automation and new digital technologies enabling biofuel refinery operators to address new market trends and challenges?
November 21, 2022

Moving sustainability forward in manufacturing

Find out how the manufacturing sector is directly and indirectly contributing to solving environmental challenges.
August 29, 2022

Three reasons why industrial automation matters

Here are three reasons why automation is something to be embraced.
August 24, 2022

8 innovations in advanced manufacturing that support enhanced ESG reporting

Industry 4.0 developments in advanced manufacturing offer industries the ability to more accurately measure and report ESG metrics
August 24, 2022

How digital tracing can reduce industrial carbon emissions

Traceability can help shrink industry's carbon footprint across sourcing, production, logistics and operations
Your browser is out of date and has known security issues.

It also may not display all features of this website or other websites.

Please upgrade your browser to access all of the features of this website.

Latest version for Google Chrome, Mozilla Firefox or Microsoft Edgeis recommended for optimal functionality.