Schneider Electric

Summary

Schneider Electric SE[4] is a French[5][6][7] multinational company providing energy and automation digital solutions for efficiency and sustainability.[8] It addresses homes,[9] buildings,[10] data centers,[11] infrastructure and industries,[12] by combining energy technologies, real-time automation, software and services.[13]

Schneider Electric SE
TypePublic company (Societas Europaea)
Euronext Paris: SU
CAC 40 Component
IndustryElectrical equipment
PredecessorMerlin-Gerin Edit this on Wikidata
Founded1836; 186 years ago (1836)
(as Schneider & Cie)
FoundersEugène Schneider
Adolphe Schneider
HeadquartersRueil-Malmaison, France
Area served
Worldwide
Key people
Jean-Pascal Tricoire
(Chairman and CEO)
Léo Apotheker
(Vice-Chairman and Lead Director)[1]: 6 
ProductsBuilding automation, home automation, switches and sockets, industrial safety systems, industrial control systems, electric power distribution, electrical grid automation, Smart Grid, critical power & cooling for datacenters
RevenueIncrease 28.91 billion[2] (2021)
Increase 4.33 billion[2] (2021)
Increase 3.27 billion[2] (2021)
Total assetsIncrease 54.54 billion[2] (2021)
Total equityIncrease 28.11 billion[2] (2021)
Number of employees
166,025 [2] (2021)
SubsidiariesLuminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex
Websitewww.se.com
Footnotes / references
[3]

Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.[14] In FY2020, the company posted revenues of €25.2 billion.[15]

Schneider Electric is the parent company of Square D, APC and others. It is also a research company.[16]

The company began in 1836 as Schneider & Cie. It was ultimately renamed Schneider Electric in May 1999.

Head officeEdit

Schneider Electric head office is in Rueil-Malmaison, France.

Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000.[17] The current headquarters, also located in Rueil-Malmaison, previously housed Schneider subsidiary Télémécanique[18] while the parent company occupied a site in Boulogne-Billancourt.[19]

HistoryEdit

BeginningsEdit

The origin of the company is the steel and armaments factories of Schneider-Creusot[20] and other industrial concerns.[21]

20th centuryEdit

From 1981 to 1997, the company divested from steel and shipbuilding and focused mainly on electricity through strategic acquisitions.

TimelineEdit

1836: Brothers Adolphe and Joseph-Eugene Schneider take over an abandoned foundry in Le Creusot, France and, two years later, create Schneider & Cie, focusing primarily on the steel industry. Schneider & Cie grows rapidly, specializing in the production of heavy machinery and transportation equipment, and eventually becomes the Schneider Group.

1975: The Schneider Group acquires an interest in Merlin Gerin, one of the top manufacturers of electrical distribution equipment in France.

1981–1997: Schneider Group re-focuses on the electrical industry by divesting its nonstrategic assets and undertakes a series of strategic acquisitions: Télémécanique[22] in 1988, Square D[23] in 1991 and Merlin Gerin[24] in 1992.

1999: Schneider Group acquires Lexel. In May 1999, the Schneider Group is renamed Schneider Electric.

The company is an ITER supplier.

2014: Schneider Electric advertises a cooperation with German power supplier RWE.[25]

2016: Schneider acquires the British retail brand Tower Electric.[26]

2017: Schneider Electric takes control of AVEVA Group PLC,[27] a provider of engineering and industrial software based in the UK.[28]

2019: Schneider launches Schneider Electric Exchange.[29]

2020: In February 2020, Schneider made a €1.4bn takeover bid for German company RIB Software,[30] closing the deal in July 2020.[31] In September 2020, Schneider Electric launched a new equipment that will help electricity distribution companies in Nigeria to fix grid faults.[32]

Acquisitions and divestmentsEdit

Acquisition date Company Business Country Source
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear and sensors France [18]
1990 Federal Pioneer Limited Manufacturer of electrical circuit breakers, switchgear and transformers Canada [33][34]
1991 Square D Manufacturer of electrical circuit breakers, switchgear and transformers USA [35]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformers France [35]
1997 Modicon [fr] Manufacturer of programmable logic controllers (PLC) USA [35][failed verification]
2000 Crouzet Automatismes Automation components France [36]
2000 Berger - Positec Stepper / servo motors Germany [36]
2000 Nu-Lec Industries Switchgear and controls Australia [37]
2001 PDL Domestic and industrial electrical hardware New Zealand [38][39]
2002 Digital Electronics Corporation HMI Japan [40]
2003 CDI Power Power systems automation Brazil [41]
June 2003 TAC Building automation and control Sweden [42]
December 2003 MGE UPS Systems (merged with APC in 2007) Power supplier France [43]
2004 Clipsal Wiring Australia [44]
March 2004 Kavlico Pressure sensors USA [45]
May 2004 Andover Controls Building automation and security USA [46]
May 2005 Power Measurement Energy Management Canada [47]
June 2005 ABS EMEA Building automation UK [48]
June 2005 Juno Lighting Lighting USA [49]
July 2005 BEI Technologies Customized sensors USA [50]
2006 AEM S.A. Ultra terminal Spain [51]
2006 OVA Bargellini Ultra terminal Italy [51]
2006 Merten Ultra terminal Germany [51]
2006 Citect SCADA system and MES automation software Australia [52]
February 2007 APC Power backup and protection and electrical distribution USA [53]
October 2007 (sold May 2019) Pelco Video security USA [54][55]
July 2009 Conzerv Systems Power management and monitoring India [56]
July 2009 Meher Capacitors Power factor correction India [57]
March 2010 Zicom Security Systems Security systems India [58]
April 2010 SCADAgroup SCADA and control systems Australia [59]
December 2010 Areva T&D Transmission & distribution Europe [60]
2010 Andromeda Telematics Integrated control solutions[buzzword] UK [61]
March 2011 Summit Energy Energy management USA [62]
April 2011 Digilink Network connectivity products India [63]
May 2011 APW President Systems Enclosure systems India [64]
May 2011 Luminous Power inverters India [65]
June 2011 Telvent Real-time information management systems Spain [66]
June 2011 Viconics Electronics BMS products Canada [67]
August 2011 7-Technologies Software for simulation and optimization of water/electricity networks and industrial processes Denmark [68]
December 2011 Viridity Data center management software USA [69]
May 2012 M&C Energy Group Energy procurement and sustainability services UK [70]
September 2012 SolveIT Software Planning and scheduling software Australia [71]
March 2013 Elektroshield Samara High- and medium-voltage power-distribution equipment Russia [72]
January 2014 Invensys Multinational engineering and information technology company UK [73]
January 2014 Eliwell HVAC and refrigeration controls manufacturer Italy [74]
January 2014 AST Modular Prefabricated modular data centers company Spain [75]
January 2014 Foxboro Control systems USA [76]
January 2014 AST Modular Prefabricated modular data centers company Spain [77]
September 2014 InStep Software Real-time performance management and predictive analytics software USA [78]
2015 Drayton Controls Residential temperature controls UK [79]
October 2015 Juno Lighting Sells Juno USA [80]
July 2017 ASCO Transfer switches, power control systems, and industrial control products USA [81]
September 2017 Aveva Group Information-technology/consulting group UK [82]
May 2018 Larsen & Toubro Electrical and Automation Electrical and automation business India [83]
January 2022 Zeigo Climate-tech platform UK [84]

Organizational structure and offerEdit

As of 2019, Schneider Electric operates business units: Energy Management, Industrial Automation, and Services.

Energy Management

The energy management business provides products for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications.

Services

The Services business includes three divisions: Global Field Services, Energy and Sustainability Services, and Smart grid Services.

EcoStruxureEdit

In 2016 Schneider Electric launched the next generation of EcoStruxure – an IoT-enabled architecture.[85] The EcoStruxure platform uses Microsoft Azure.

In April 2019, the company launched Schneider Electric Exchange, an open business platform.[86]

See alsoEdit

ReferencesEdit

  1. ^ Financial and Sustainable Development Annual Report 2015 (PDF) (Report). Schneider Electric. 2016-03-16.
  2. ^ a b c d e f Annual Financial Report For the year ended December 31, 2021 (PDF). Schneider Electric SE. Retrieved 18 March 2022.
  3. ^ "Schneider Electric Annual Report 2018" (PDF). Schneider Electric. Retrieved January 19, 2019.
  4. ^ "Company profile". www.se.com. Retrieved 2021-01-18.
  5. ^ "Global 500: Schneider Electric company profile". Fortune. Retrieved 2021-09-06.
  6. ^ "Top Multinational Performers". Forbes. Retrieved 2020-05-26.
  7. ^ Scott, Mike (January 25, 2021). "Top company profile: Schneider Electric leads decarbonizing megatrend".
  8. ^ "Electrification and digitisation 'are the recipe for a more sustainable world'". Energy Live News. 2019-10-03. Retrieved 2020-05-07.
  9. ^ "Smart Home & Energy Management". www.se.com. Retrieved 2020-05-07.
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  11. ^ "Data Centre Solutions and Networks". www.se.com. Retrieved 2020-05-07.
  12. ^ "Industrial Automation and Control". www.se.com. Retrieved 2020-05-07.
  13. ^ "EcoStruxure: IoT – Internet of Things". www.se.com. Retrieved 2020-05-07.
  14. ^ "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news". en.boerse-frankfurt.de. Retrieved 2019-03-15.
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  16. ^ "Schneider Unveils Schneider Electric Ventures at its Innovation Summit". www.iotworldtoday.com. Retrieved 2019-03-15.
  17. ^ "Legal information". www.schneider-electric.com. Retrieved 2019-03-15.
  18. ^ a b "Telemecanique". Schneider-electric.fr. Retrieved 2015-03-07.
  19. ^ "Jobs at". www.theladders.com. Retrieved 2019-03-15.
  20. ^ Quigley, Carroll (1966). Tragedy And Hope. New York: Macmillan. p. 518. ISBN 0-945001-10-X.
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  22. ^ "Ecosystem Models Paving Way for "Platform Economy"—Accenture Technology Vision 2016". www.accenture.com. Retrieved 2019-03-15.
  23. ^ Ramirez, Anthony (1991-05-13). "Square D Agrees to Takeover". The New York Times. ISSN 0362-4331. Retrieved 2019-03-15.
  24. ^ "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands". Automation.com. Retrieved 2019-03-15.
  25. ^ "RWE Mobility – Schneider Electric and RWE join forces in electric mobility market for charging infrastructure solutions". www.rwe-mobility.com. Retrieved 2019-03-15.
  26. ^ "Tower is now Schneider Electric UK". www.se.com.
  27. ^ "Programmable logic controller (PLC)". Schneider Electric India. Retrieved 2019-09-24.
  28. ^ Dummett, Ben; Kostov, Nick (2017-09-05). "Schneider Electric Swoops for U.K. Software Firm Aveva". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-03-15.
  29. ^ "Schneider Electric launches new digital ecosystem to drive worldwide economies of scale for IoT solutions". Schneider Electric Global. Retrieved 2020-12-03.
  30. ^ "Schneider Electric makes €1.4bn bid for German construction IT company". Global Construction Review. 14 February 2020. Retrieved 30 July 2021.
  31. ^ "Schneider Electric a finalisé le rachat de RIB Software". Les Echos Investir. 10 July 2020. Retrieved 30 July 2021.
  32. ^ "Schneider Electric Develops Equipment For Fixing Grid Faults". Geeky Nigeria. 2020-09-20. Retrieved 2020-09-20.
  33. ^ "Archives Canada". Archivescanada.ca. Retrieved 2015-03-07.
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  43. ^ "Schneider Electric expands in secured power" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  44. ^ "Schneider Electric strengthens its Asia-Pacific presence in Electrical Wiring Devices" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  45. ^ "Schneider buys Kavlico and takes a stake in Elau - Drives and Controls Magazine". drivesncontrols.com. Retrieved 2020-07-02.
  46. ^ "Schneider Electric strengthens its positions in Building Automation while expanding in Security" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  47. ^ "Schneider Electric Acquires Power Measurement". achrnews.com. 2005-05-10. Retrieved 2016-09-15.
  48. ^ "ABS EMEA : Schneider Electric further consolidates its position in Building Automation" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  49. ^ "Juno Lightning : Schneider Electric enhances its position in the US" (PDF). Schneider-electric.com. Retrieved 2015-03-08.[permanent dead link]
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  51. ^ a b c "Ultra Terminal" (PDF). Schneider Electric. Retrieved 2 July 2013.
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  53. ^ "Company". Apc.com. Retrieved 2015-03-08.
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  55. ^ "Pelco acquired by Transom Capital Group | Security Systems News". www.securitysystemsnews.com. Retrieved 2019-12-03.
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  57. ^ Seema Singh (2009-08-06). "Schneider acquires Meher Capacitors". Livemint. Retrieved 2015-03-08.
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  59. ^ "Archived copy". Archived from the original on 2012-07-21. Retrieved 2012-03-23.{{cite web}}: CS1 maint: archived copy as title (link)
  60. ^ "Alstom and Schneider for Areva T&D". World-nuclear-news.org. 2009-12-01. Retrieved 2015-03-08.
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  62. ^ "Schneider Electric Acquires". Summit Energy. Retrieved 2015-03-08.
  63. ^ "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India. 1 April 2011. Retrieved 2015-03-08.
  64. ^ "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India. Retrieved 2015-03-08.
  65. ^ "Schneider to acquire 74% stake in Luminous Power". The Hindu. 31 May 2011.
  66. ^ "Telvent and Schneider Electric join forces to improve efficiency of mission critical infrastructures". Schneider Electric SE. 2011-09-02. Retrieved 2015-05-01.
  67. ^ "Archived copy". Archived from the original on 2012-11-09. Retrieved 2012-03-23.{{cite web}}: CS1 maint: archived copy as title (link)
  68. ^ "Archived copy". Archived from the original on 2012-02-13. Retrieved 2012-03-23.{{cite web}}: CS1 maint: archived copy as title (link)
  69. ^ "Schneider snags Viridity to see how many watts servers suck". Gigaom. 2011-12-20. Retrieved 2015-03-08.
  70. ^ "Schneider Electric acquires M&C Energy Group and strengthens its capability to respond to fast growing demand for energy management services". Schneider Electric SE. 2012-05-04. Retrieved 2015-05-01.
  71. ^ "SolveIT Software is now Schneider Electric". Solveitsoftware.com. Retrieved 2015-03-08.
  72. ^ "Invest in Russia - SCHNEIDER ELECTRIC SA".
  73. ^ "Schneider Electric completes the acquisition of Invensys and creates a unique player in Industry Automation". Schneider Electric SE. 2014-01-17. Retrieved 2015-05-01.
  74. ^ "Eliwell's (Published) History". Eliwell. Retrieved 7 May 2018.
  75. ^ "Schneider Electric Takes the Lead in Prefabricated Data Centers with the Acquisition of AST Modular". Schneider Electric SE. 2014-01-10. Retrieved 2016-01-12.
  76. ^ "The History of Foxboro by Schenider Electric". Retrieved 2022-03-09.
  77. ^ "Schneider Electric Takes the Lead in Prefabricated Data Centers with the Acquisition of AST Modular". Schneider Electric SE. 2014-01-10. Retrieved 2016-01-12.
  78. ^ "Schneider Electric Agrees to Acquire InStep Software". Schneider Electric Software, LLC. 2014-09-30. Retrieved 2015-05-01.
  79. ^ "Drayton 70 Year Timeline" (PDF). electricaltimes.co.uk. Retrieved 2022-01-04.
  80. ^ Stynes, Tess (29 October 2015). "Schneider Electric sells Juno lighting". Wall Street Journal. wsj.com. Retrieved 2015-10-29.
  81. ^ "Schneider Electric buys Asco, raises 2017 guidance". CNBC. 2017-07-27. Retrieved 2017-11-07.
  82. ^ Tan, Huileng (2017-09-24). "Schneider Electric CEO: Aveva acquisition combines software and engineering strengths". CNBC. Retrieved 2017-09-25.
  83. ^ "Schneider Electric's L&T E&A Acquisition partnering with Temasek" (PDF).
  84. ^ "Schneider Electric acquires renewable energy platform Zeigo to expand digital procurement capabilities globally | IT Reseller Magazine". www.itrportal.com. Retrieved 2022-01-18.
  85. ^ "Schneider Electric Rolls Out a Series of EcoStruxure Platforms | ARC Advisory Group". www.arcweb.com. Retrieved 2019-05-17.
  86. ^ ReportLinker (2020-11-24). "The Global Smart Factory Market was valued at USD 252.29 Billion in 2019, and it is expected to reach USD 422.88 Billion by 2025, registering a CAGR of 9.33% during the forecast period, 2019-2025". GlobeNewswire News Room. Retrieved 2020-12-03.

External linksEdit

  • Official website  
  • Schneider Electric global blog