Preparing for the future
Schneider Electric, at 188 years old, continues to evolve and prepare for the future. It is looking at its clients in Southeast Asia anew to forge forward as it tackles the five megatrends that will drive the next frontier of market growth, according to Chris Leong, chief marketing officer of Schneider Electric (SE).
SE is a French multinational corporation that specializes in digital automation and energy management. It is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.
SE’s purpose is to create impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. It is a global industrial technology leader bringing world-leading expertise in electrification, automation, and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes.
It provides integrated end-to-end lifecycle AI-enabled industrial Internet of Things solutions with connected products, automation, software, and services, delivering digital twins to enable profitable growth for its customers.
Chris, who is based in Hong Kong, is visiting the Philippines for the first time as SE sees our country as an important part of Southeast Asia, an emerging market that is developing and posting a lot of growth economically and socially, and is growing in terms of jobs, wealth, education, and the advancement of quality of life.
For SE, she points out, the company has always viewed the world as constantly changing and thus now sees five megatrends that will guide the company in meeting the needs of its clients.
Energy transition, which involves the expansion of demand, combined with a need to decarbonize. Technologies, she pointed out, already exist to make companies energy resilient and allow them to achieve net zero. At present, 70 percent of carbon dioxide emissions can already be removed using existing technologies.
Digitization and artificial intelligence. The evolution of large language models and AI has accelerated market growth, while the requirement for “compute” has increased dramatically and requires power,
