TECH & AI
S chneider Electric is something of a giant when it comes to driving digital transformation .
In unrelenting fashion , this French multinational empowers people and businesses everywhere to make the most of their energy and resources , enabling meaningful progress and sustainable operations for all .
It is why so many companies can call Schneider their trusted partner when it comes to sustainability and efficiency .
Crucially , Schneider Electric offers world-leading expertise in electrification , automation and digitisation that can be harnessed in smart industries , resilient infrastructure , future-proof data centres , intelligent buildings and intuitive homes .
Anchored by deep domain expertise , the global industrial technology leader provides integrated , end-toend lifecycle , AI-enabled Industrial IoT solutions with connected products , automation , software and services , delivering digital twins to enable profitable growth for its customers .
Increasingly , IoT and its subset , the Industrial Internet of Things , are being used by supply chain professionals to enhance efficiency , visibility and decision-making capabilities .
Stephane Piat , SVP Supply Chain Strategy & Performance at Schneider Electric , is well placed to explain IoT and how it can be applied to supply chain management .
His responsibilities include leading the digital transformation of Schneider ’ s supply chain as it strives for sustainable , resilient and reliable operations .
“ IoT refers to any device , sensor , vehicle or appliance that is connected via the Internet to another device or system and can exchange information ,” Stephane says .
“ IIoT refers to the connectivity of industrial applications , devices , sensors and systems and is used to improve operational efficiency , productivity and safety in industrial settings . “ In terms of supply chain management , it can be used for asset tracking , predictive maintenance , improved inventory management and understanding how to operate more efficiently , for example by reducing water loss and emissions .”
IoT : Powered by data At the heart of IoT is data .
It is central to the functioning of IoT because it drives the core value it provides in the form of intelligent decision-making , automation and enhanced operational efficiency .
IoT and IIoT provide companies with access to data and information they were previously unable to access , such as the real-time location of assets in transit or the operational performance and the health status of critical manufacturing equipment .
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