Schneider Electric

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Schneider Electric SE
Societas Europaea
Traded asEuronextSU
CAC 40 Component
IndustryEnergy management and automation
Founded1836; 183 years ago (1836) (as Schneider & Cie)
(incorporated 1981)
FounderEugène Schneider
HeadquartersRueil-Malmaison, France
Area served
Worldwide
Key people
Jean-Pascal Tricoire
(Chairman and CEO)
Léo Apotheker
(Vice-Chairman and Lead Director)[1]:6
ProductsInclude building 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 24.74 billion (2017)
Increase€3.65 billion (2017)
Increase€2.15 billion (2017)
Total assets
  • Decrease€41.85 billion (2016)
  • €42.58 billion (2015)[1]:186
Total equity
  • Decrease€20.49 billion (2016)
  • €20.85 billion (2015)[1]:187
Number of employees
144,001[1]:8 (2016)
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, Pelco, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit
Websiteschneider-electric.com

Schneider Electric SE is a multinational corporation based in France. The company is headquartered in Rueil-Malmaison and is also based at the World Trade Center of Grenoble. As of 2019, the company has 137,000 employees and operates in over 100 countries.

Schneider Electric manufactures products for power management, including medium voltage, low voltage, secure power, and automation systems. It provides integrated efficiency solutions[buzzword], combining energy, automation and software.

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.[2] In FY2018, the company posted revenues of €25.72 billion. [3]

Schneider Electric is the parent company of Square D, Pelco, APC and others. It is also a research company, investing EUR10 billion in innovation and R&D for sustainable development between 2015 and 2025.[4] The company holds 20,000 patents either active or in application worldwide and invests 5% of its annual revenue in Research and Development. [5]

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

Head office[edit]

Schneider Electric head office in Rueil-Malmaison, France

Schneider Electric head office in Rueil-Malmaison, France.

Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000.[6] The current headquarters, also located in Rueil-Malmaison, previously housed Schneider subsidiary Télémécanique[7] while the parent company occupied a site in Boulogne-Billancourt.[8]

In June 2011, Schneider Electric corporate headquarters in Rueil-Malmaison was certified as complying with the new ISO 50001 standard for energy management systems. It was the first building in the world to earn such designation.[9]

History[edit]

Beginnings[edit]

The roots of this company are in the iron, steel and armaments factories of Schneider-Creusot[10] and other industrial concerns.[11]

20th Century[edit]

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

New Focus[edit]

Schneider Electric refocused in 2010 to include software, critical power and smart grid applications through strategic acquisitions.In 2015 the company launched a brand strategy called “Life Is On” which aims to showcase the business and societal value of sustainability and efficiency.[12][13]

The emergence of the digital economy created opportunities for IoT-enabled platforms, which Schneider Electric identified as a growth opportunity.[14] In 2016,the company launched EcoStruxure, its IoT-enabled architecture.

Timeline[edit]

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, a diversified conglomerate.

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[15] in 1988, Square D[16] in 1991 and Merlin Gerin[17] in 1992.

1999: Schneider Group acquires Lexel, one of Europe's largest suppliers of installation systems and control solutions.[buzzword] In May 1999, the Schneider Group is renamed Schneider Electric to clearly identify its expertise in the electrical field.

2010: Schneider Electric launches a €70 million venture capital fund with Alstom to create Aster and to support innovative start-ups in the fields of energy and the environment.

The company is an ITER supplier.

2014: Schneider Electric advertises a cooperation with German power supplier RWE.[18]

2015 – 2016: Schneider Electricrefocuses on IoT, sustainability and efficiency, and introduces its IoT-enabled architecture and platform, EcoStruxure.

2017: Schneider Electric takes control of Aveva Group PLC, a provider of engineering and industrial software based in the UK, folding industrial software assets into Aveva’s operations.[19]

Acquisitions[20][edit]

Acquisition date Company Business Country Source
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear and sensors France [7]
1990 Federal Pioneer Limited Manufacturer of electrical circuit breakers, switchgear and transformers Canada [21][22]
1991 Square D Manufacturer of electrical circuit breakers, switchgear and transformers USA [23]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformers France [23]
1997 Modicon [fr] Manufacturer of Programmable Logic Controllers (PLC) USA [23]
2000 Crouzet Automatismes Automation components France [24]
2000 Berger - Positec Stepper / servo motors Germany [24]
2000 Nu-Lec Industries Switchgear and controls Australia [25]
2001 PDL Domestic and industrial electrical hardware New Zealand [26][27]
2002 Digital Electronics Corporation HMI Japan [28]
2003 CDI Power Power systems automation Brazil [29]
June 2003 TAC Building automation and control Sweden [30]
December 2003 MGE UPS Systems (merged with APC in 2007) Power supplier France [31]
2004 Clipsal Wiring Australia [32]
March 2004 Kavlico Pressure sensors USA [33]
May 2004 Andover Controls Building automation and security USA [34]
May 2005 Power Measurement Energy Management Canada [35]
June 2005 ABS EMEA Building automation UK [36]
June 2005 Juno Lighting Lighting USA [37]
July 2005 BEI Technologies Customized sensors USA [38]
2006 AEM S.A. Ultra terminal Spain [39]
2006 OVA Bargellini Ultra terminal Italy [39]
2006 Merten Ultra terminal Germany [39]
2006 Citect SCADA and MES automation software Australia [40]
February 2007 APC Power backup and protection and electrical distribution USA [41]
October 2007 Pelco Video security USA [42]
July 2009 Conzerv Systems Power monitoring India [43]
July 2009 Meher Capacitors Power factor correction India [44]
March 2010 Zicom Security Systems Security systems India [45]
April 2010 SCADAgroup SCADA and control systems Australia [46]
December 2010 Areva T&D Transmission & distribution Europe [47]
2010 Andromeda Telematics Integrated control solutions UK [48]
March 2011 Summit Energy Energy management USA [49]
April 2011 Digilink Network connectivity products India [50]
May 2011 APW President Systems Enclosure systems India [51]
May 2011 Luminous Power inverters India [52]
June 2011 Telvent Real-time information management systems Spain [53]
June 2011 Viconics Electronics BMS products Canada [54]
August 2011 7-Technologies Software for simulation and optimization of water/electricity networks and industrial processes Denmark [55]
December 2011 Viridity Data center management software USA [56]
May 2012 M&C Energy Group Energy procurement and sustainability services UK [57]
September 2012 SolveIT Software Planning and scheduling software Australia [58]
January 2014 Invensys Multinational engineering and information technology company UK [59]
January 2014 Eliwell HVAC and Refrigeration controls manufacturer Italy [60]
January 2014 AST Modular Prefabricated Modular Data Centers company Spain [61]
September 2014 InStep Software Real-time performance management and predictive analytics software USA [62]
October 2015 Juno Lighting Sells Juno USA [63]
July 2017 ASCO Transfer switches, power control systems, and industrial control products USA [64]
September 2017 Aveva Group Information Technology/ Consulting group UK [65]
May 2018 Larsen & Toubro Electrical & Automation business India [66]

See also[edit]

References[edit]

  1. ^ a b c d Financial and Sustainable Development Annual Report 2015 (PDF) (Report). Schneider Electric. 2016-03-16.
  2. ^ "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news". en.boerse-frankfurt.de. Retrieved 2019-03-15.
  3. ^ "Consolidated financial statements | Schneider Electric" (PDF). https://www.se.com/. December 31, 2018. External link in |website= (help)
  4. ^ "Schneider Unveils Schneider Electric Ventures at its Innovation Summit". www.iotworldtoday.com. Retrieved 2019-03-15.
  5. ^ "Sustainability Report | Schneider Electric" (PDF).
  6. ^ "Legal information". www.schneider-electric.com. Retrieved 2019-03-15.
  7. ^ a b "Telemecanique". Schneider-electric.fr. Retrieved 2015-03-07.
  8. ^ "Jobs at". www.theladders.com. Retrieved 2019-03-15.
  9. ^ "In the heart of Hive, the first building in the world certified ISO 50001, with students-engineer in New Energies". Ecole d'Ingénieurs Paris-La Défense ESILV. 2019-03-05. Retrieved 2019-03-15.
  10. ^ Quigley, Carroll (1966). Tragedy And Hope. New York: Macmillan. p. 518. ISBN 0-945001-10-X.
  11. ^ "History Of Schneider Electric". Schneider-electric.com. Retrieved 12 October 2012.
  12. ^ "Schneider Electric rolls out Internet of Things based brand strategy". www.elp.com. Retrieved 2019-03-15.
  13. ^ "Schneider Electric Launches New Campaign". www.achrnews.com. Retrieved 2019-03-15.
  14. ^ "Ecosystem Models Paving Way for "Platform Economy"—Accenture Technology Vision 2016". www.accenture.com. Retrieved 2019-03-15.
  15. ^ "Ecosystem Models Paving Way for "Platform Economy"—Accenture Technology Vision 2016". www.accenture.com. Retrieved 2019-03-15.
  16. ^ Ramirez, Anthony (1991-05-13). "Square D Agrees to Takeover". The New York Times. ISSN 0362-4331. Retrieved 2019-03-15.
  17. ^ "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands". Automation.com. Retrieved 2019-03-15.
  18. ^ "RWE Mobility - Schneider Electric and RWE join forces in electric mobility market for charging infrastructure solutions". www.rwe-mobility.com. Retrieved 2019-03-15.
  19. ^ 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.
  20. ^ "Un fonds Alstom-Schneider Electric". Le Figaro. 14 January 2010.
  21. ^ "Archives Canada". Archivescanada.ca. Retrieved 2015-03-07.
  22. ^ "McGill Digital Archive :: Canadian Corporate Reports :: Company Detail". Digital.library.mcgill.ca. Retrieved 2015-03-07.
  23. ^ a b c "History of Schneider Electric". Schneider Electric SE. Retrieved 2016-01-12.
  24. ^ a b "New acquisitions in Industrial Control and Automation : Crouzet Automatismes" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  25. ^ "Schneider Electric history in Australia". Schneider-electric.com.au. Retrieved 2015-03-07.
  26. ^ "Schneider completes PDL takeover". The New Zealand Herald. 22 June 2001. Retrieved 10 April 2014.
  27. ^ "Company". Schneider-Electric. Retrieved 10 April 2014.
  28. ^ "Business Overview and Company History". Global.pro-face.com. Retrieved 2015-03-08.
  29. ^ "Schneider Electric SA: Increasing Presence in the Brazilian Automation Market". Frost.com. Retrieved 2015-03-08.
  30. ^ "Schneider Electric becomes a major player in Building Automation & Control" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  31. ^ "Schneider Electric expands in secured power" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  32. ^ "Schneider Electric strengthens its aSia Pacific presence in Electrical Wiring Devices" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  33. ^ "Schneider Electric Expands In Sensing Technology" (PDF). Schneider-electric.com. Retrieved 2015-03-08.[permanent dead link]
  34. ^ "Schneider Electric strengthens its positions in Building Automation while expanding in Security" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  35. ^ "Schneider Electric Acquires Power Measurement". achrnews.com. 2005-05-10. Retrieved 2016-09-15.
  36. ^ "ABS EMEA : Schneider Electric further consolidates its position in Building Automation" (PDF). Schneider-electric.com. Retrieved 2015-03-08.
  37. ^ "Juno Lightning : Schneider Electric enhances its position in the US" (PDF). Schneider-electric.com. Retrieved 2015-03-08.[permanent dead link]
  38. ^ "BEI Technologies : Schneider Electric enhances its position in Customized Sensors" (PDF). Schneider-electric.com. Retrieved 2015-03-08.[permanent dead link]
  39. ^ a b c "Ultra Terminal" (PDF). Schneider Electric. Retrieved 2 July 2013.
  40. ^ "History of Citect". Schneider Electric. Retrieved 2015-03-08.
  41. ^ "Company". Apc.com. Retrieved 2015-03-08.
  42. ^ "Schneider Electric press releases". Schneider-electric.com. 2007-10-17. Retrieved 2015-03-08.
  43. ^ "Schneider Electric Conzerv India Pvt. Ltd.: Private Company Information - Businessweek". Investing.businessweek.com. 2009-06-08. Retrieved 2015-03-08.
  44. ^ Seema Singh (2009-08-06). "Schneider acquires Meher Capacitors". Livemint. Retrieved 2015-03-08.
  45. ^ "Zicom to sell security units to Schneider for Rs 225 cr". The Times Of India. 6 March 2010. Retrieved 2015-03-08.
  46. ^ "Archived copy". Archived from the original on 2012-07-21. Retrieved 2012-03-23.CS1 maint: Archived copy as title (link)
  47. ^ "Alstom and Schneider for Areva T&D". World-nuclear-news.org. 2009-12-01. Retrieved 2015-03-08.
  48. ^ "Andromeda is now Schneider Electric". Andromeda-telematics.com. Retrieved 2015-03-08.
  49. ^ "Schneider Electric Acquires". Summit Energy. Retrieved 2015-03-08.
  50. ^ "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India. 1 April 2011. Retrieved 2015-03-08.
  51. ^ "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India. Retrieved 2015-03-08.
  52. ^ "Schneider to acquire 74 % stake in Luminous Power". The Hindu. 31 May 2011.
  53. ^ "Telvent and Schneider Electric join forces to improve efficiency of mission critical infrastructures". Schneider Electric SE. 2011-09-02. Retrieved 2015-05-01.
  54. ^ "Archived copy". Archived from the original on 2012-11-09. Retrieved 2012-03-23.CS1 maint: Archived copy as title (link)
  55. ^ "Archived copy". Archived from the original on 2012-02-13. Retrieved 2012-03-23.CS1 maint: Archived copy as title (link)
  56. ^ "Schneider snags Viridity to see how many watts servers suck". Gigaom. 2011-12-20. Retrieved 2015-03-08.
  57. ^ "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.
  58. ^ "SolveIT Software is now Schneider Electric". Solveitsoftware.com. Retrieved 2015-03-08.
  59. ^ "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.
  60. ^ "Eliwell's (Published) History". Eliwell. Retrieved 7 May 2018.
  61. ^ "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.
  62. ^ "Schneider Electric Agrees to Acquire InStep Software". Schneider Electric Software, LLC. 2014-09-30. Retrieved 2015-05-01.
  63. ^ "Schneider Electric sells Juno lighting". wsj.com. Retrieved 2015-10-29.
  64. ^ "Schneider Electric buys Asco, raises 2017 guidance". CNBC. 2017-07-27. Retrieved 2017-11-07.
  65. ^ Tan, Huileng (2017-09-24). "Schneider Electric CEO: Aveva acquisition combines software and engineering strengths". CNBC. Retrieved 2017-09-25.
  66. ^ "Schneider Electric's L&T E&A Acquisition partnering with Temasek" (PDF).

External links[edit]