Schneider Electric SE

Schneider Electric SE engages in the digital transformation of energy management and automation. It operates through the following segments: Energy Management, Industrial Automation, and Central Functions and Digital Costs. The Energy Management segment leverages a complete end-to-end technology offering enabled by EcoStruxure. The Industrial Automation segment is composed of industrial automation and industrial control activities, across discrete, process, and hybrid industries. The company was founded by Adolphe Schneider and Joseph-Eugène Schneider in 1836 and is headquartered in Rueil-Malmaison, France.

French electrical equipment maker Schneider Electric said on Thursday it plans to invest $140 million this year to boost its U.S. manufacturing operations and hire more staff.

Schneider Electric to invest $140 million to boost U.S operations

$85 million is earmarked for expanding its manufacturing presence in Middle Tennessee Company expects to hire roughly 750 new workers in manufacturing and related roles in the U.S. Since 2020, the company has invested more than $440 million in its U.S. manufacturing and distribution network to create a more resilient domestic supply chain BOSTON , March 14, 2024 /PRNewswire/ -- Today, Schneider Electric —the global leader in the digital transformation of energy management and automation—announced plans to invest $140 million into its U.S. manufacturing operations and create about 750 new manufacturing jobs across the country in 2024. The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt.

Schneider Electric to Invest $140 Million in 2024 to Expand U.S. Manufacturing Presence to Support Critical Infrastructure, Industries, and Data Center Demand

The U.S. manufacturing industry contributed $2.3 trillion to the national GDP in 2022. These businesses not only support society's growth but also are poised to have the greatest impact on solving sustainability problems. By embracing innovative digital technologies to boost efficiency, industrial enterprises can meet market needs while also conserving energy and safeguarding people and the natural environment.

How Schneider Electric Uses Industrial Technology And Automation To Advance Efficiency And Reduce Environmental Impact

LONDON--(BUSINESS WIRE)--NTT DATA, a global leader in IT infrastructure and services, and Schneider Electric, a pioneer in digital transformation for energy management and automation, have unveiled a first-of-a-kind co-innovation that empowers enterprises to harness the power of edge computing. The strategic partnership introduces a unique solution that seamlessly integrates Edge, Private 5G, IOT, and Modular Data Centers, providing unparalleled connectivity, and supports the computational dema.

NTT DATA and Schneider Electric Join Forces to Drive AI Innovation at the Edge

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LIBERTY LAKE, Wash. & BOSTON--(BUSINESS WIRE)-- #DERs--Itron & Schneider Electric are collaborating to improve energy and grid management for utilities as homeowners and businesses increasingly adopt DERs.

Itron and Schneider Electric Join Forces to Modernize and Simplify Energy Distribution, Address Energy Transition

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Investment represents a new approach to using the transferability clause in the IRA to accelerate corporate renewable energy procurement. Tax credit transfer opportunity brings company closer to meeting its renewable electricity target in the U.S. and Canada.

Schneider Electric Announces Innovative Tax Credit Transfer Agreement with ENGIE to Accelerate Progress Toward its 100% Renewable Energy Goal in North America

Schneider Electric S.E. (SBGSF) Full Year 2023 Results Earnings Call Transcript

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, today announced the upcoming launch of its new SureSeT Medium Voltage (MV) switchgear offering for the Canadian market.

Schneider Electric Launches Digitally Enabled SureSeT Medium Voltage Switchgear in Canada

PARIS--(BUSINESS WIRE)--Today marks the signature of Data4Industry-X, the trusted, secure, compliant and sovereign data exchange environment for the Industry sector, under the control of the industry. Initially addressing the automotive and power generation industry challenges, the solution Data4Industry-X aims at improving competitiveness and reducing the carbon footprint of major global industrial organizations with operations spread across multiple countries. Data4Industry-X will enable orga.

Dawex, Schneider Electric, Valeo, CEA and Prosyst Join Forces to Create Data4Industry-X, the Trusted Data Exchange Solution for Industry

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric in collaboration with Intel and Red Hat, today announced the release of a Distributed Control Node (DCN) software framework.

Schneider Electric Delivers Next-generation, Open Automation Infrastructure in Collaboration With Intel and Red Hat

New Distributed Control Node (DCN) software framework to help drive open automation Solution helps replace vendor-specific hardware with plug-and-produce offer Interoperability and portability support industrial innovation, reduce obsolescence BOSTON , Feb. 6, 2024 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, in collaboration with the technology companies Intel and Red Hat, today announced the release of a Distributed Control Node (DCN) software framework. An extension of Schneider Electric's EcoStruxure™ Automation Expert , this new framework enables industrial companies to move to a software-defined, plug-and-produce solution, allowing them to enhance their operations, ensure quality, reduce complexity, and optimize costs.

Schneider Electric delivers next-generation, open automation infrastructure in collaboration with Intel and Red Hat

Does Schneider Electric SE (SBGSY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Schneider Electric SE (SBGSY) is a Great Momentum Stock to Buy

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MISSISSAUGA, Ontario--(BUSINESS WIRE)--Far greater deployment of existing technologies is needed to keep climate change from spiraling out of control, Schneider Electric.

To Accelerate Decarbonization, Focus on the Power of Electrification and Digitalization, Schneider Electric Urges as Davos Meeting Kicks off

- Top Schneider Electric executives attending World Economic Forum annual gathering. - Sustainability and energy resilience at the top of the corporate and public policy agenda. - Top Schneider Electric executives attending World Economic Forum annual gathering. - Sustainability and energy resilience at the top of the corporate and public policy agenda.

To accelerate decarbonization, focus on the power of electrification and digitalization, Schneider Electric urges as Davos meeting kicks off

Industry leader named to the national 'Best Places to Work' and 'Best Large Places to Work' list by tech recruiting platform Built In Operations in Los Angeles, Dallas, Chicago, and Boston also named to market-specific lists in both categories BOSTON , Jan. 12, 2024 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, was recognized by Built In as a '2024 Best Places to Work' awards honoree. The industry leader earned a place on the tech recruiting platform's national lists for both 'Best Places to Work' (#29) and 'Best Large Places to Work' (#13), as well as on same regional lists in Boston (#8 , #7), Chicago (#5, #4), Dallas (#3, #2), and Los Angeles (#5, #3).

Schneider Electric Recognized Among 2024 Best Places to Work with National, Regional Honors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Schneider Electric, announces its partnership with Vancouver International Airport (YVR) to improve operational reliability and workplace safety.

Schneider Electric Embarks on a 10-Year Partnership with YVR to Propel Net-Zero Goals

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, earned the leader ranking in Verdantix's recent “Green Quadrant: Energy Management Software 2023.”.

Schneider Electric recognized as a leader in energy management software by independent research firm

Empowerment and upskilling of local talent, women, and youth in the region among key priorities. Driving innovation and growth in digital transformation, sustainability, and artificial intelligence technologies Empowering partnerships across company stakeholders to drive impact and profitability DUBAI, UAE, Jan. 10, 2024 /PRNewswire/ -- Schneider Electric, a leader in the digital transformation of energy management and automation, has announced the appointment of Amel Chadli as the company's Gulf Cluster President.

Schneider Electric appoints Amel Chadli as the new Gulf Cluster President

This new interactive 3D tool from Schneider Electric allows you to visualize how various automation and control products could improve the operational efficiency, safety, reliability, and resilience of the equipment on your factory floor. It also provides one-click access to relevant product ranges on the RS website.

Identify Opportunities to Optimize Your Facility With the Schneider Electric Factory Visual Tool, Available at RS

45% of companies surveyed say digitalization will be key to industrial shop floor job creation   70% believe that digitalization will help tackle talent shortages Increasing sustainability requirements in industries extending job roles in the plant BOSTON , Dec. 14, 2023 /PRNewswire/ -- New research from Schneider Electric, the leader in the digital transformation of energy management and automation, has revealed that almost half (45%) of industrial companies believe digitalization will be the primary reason that new operational technology (OT) job roles will be created in the next three years. The research, commissioned by Schneider Electric and carried out by global research leader Omdia, polled 407 industrial companies ranging from small and medium enterprises to large companies across western Europe (UK, Germany, France, Italy, Spain, Denmark and Sweden), the US, China, India, and Southeast Asia (Vietnam, Thailand and the Philippines).

Digitalization is creating new technology jobs in industries, new Schneider Electric report shows

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, today announced that Google, ASM and HP have joined the Catalyze program, as new global sponsors.

Schneider Electric announces Google, ASM and HP have joined the Catalyze program for semiconductor supply chain decarbonization

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, today called on energy decision makers to prioritize digital upgrades to realize the potential of sustainable Grids of the Future.

Schneider Electric Calls for Rapid Deployment of Smart Grids to Accelerate Energy Transition

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, today called for greater collective action to decarbonize the global economy ensuring a fair and inclusive transition to net zero.

News for Schneider Electric SE Stock (SBGSY)