Schneider Electric head office in Paris
|Traded as||Euronext: SU|
CAC 40 Component
|Predecessor||Schneider et Cie|
|Founded||1836 (as Schneider & Cie)|
(Chairman and CEO)
(Vice-Chairman and Lead Director):6
|Products||Include 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|
|Revenue||€25.72 billion (2018)|
|€3.39 billion (2018)|
|€2.43 billion (2018)|
|Total assets||€42.25 billion (2018)|
|Total equity||€22.26 billion (2018)|
Number of employees
|Subsidiaries||Luminous 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, Xantrex|
|Footnotes / references|
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. In FY2018, the company posted revenues of €25.72 billion.
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. The company holds 20,000 patents either active or in application worldwide and invests 5% of its annual revenue in Research and Development.
The company began in 1836 as Schneider & Cie. It was ultimately renamed Schneider Electric in May 1999.
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. The current headquarters, also located in Rueil-Malmaison, previously housed Schneider subsidiary Télémécanique while the parent company occupied a site in Boulogne-Billancourt.
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.
From 1981-1997, the company divested from steel and shipbuilding and focused mainly on electricity through strategic acquisitions.
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.
The emergence of the digital economy created opportunities for IoT-enabled platforms, which Schneider Electric identified as a growth opportunity. In 2016, the company launched EcoStruxure, its IoT-enabled architecture.
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 in 1988, Square D in 1991 and Merlin Gerin 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.
The company is an ITER supplier.
2015 – 2016: Schneider Electric refocuses on IoT, sustainability and efficiency, and introduces its IoT-enabled architecture and platform, EcoStruxure.
2018 : Schneider's L&T Acquisition to Power ‘Make In India’ Mission
|1988||Télémécanique||Manufacturer of electrical circuit breakers, switchgear and sensors||France|||
|1990||Federal Pioneer Limited||Manufacturer of electrical circuit breakers, switchgear and transformers||Canada|||
|1991||Square D||Manufacturer of electrical circuit breakers, switchgear and transformers||USA|||
|1992||Merlin Gerin||Manufacturer of electrical circuit breakers and transformers||France|||
|1997||Modicon||Manufacturer of Programmable Logic Controllers (PLC)||USA|||
|2000||Crouzet Automatismes||Automation components||France|||
|2000||Berger - Positec||Stepper / servo motors||Germany|||
|2000||Nu-Lec Industries||Switchgear and controls||Australia|||
|2001||PDL||Domestic and industrial electrical hardware||New Zealand|||
|2002||Digital Electronics Corporation||HMI||Japan|||
|2003||CDI Power||Power systems automation||Brazil|||
|June 2003||TAC||Building automation and control||Sweden|||
|December 2003||MGE UPS Systems (merged with APC in 2007)||Power supplier||France|||
|March 2004||Kavlico||Pressure sensors||USA|||
|May 2004||Andover Controls||Building automation and security||USA|||
|May 2005||Power Measurement||Energy Management||Canada|||
|June 2005||ABS EMEA||Building automation||UK|||
|June 2005||Juno Lighting||Lighting||USA|||
|July 2005||BEI Technologies||Customized sensors||USA|||
|2006||AEM S.A.||Ultra terminal||Spain|||
|2006||OVA Bargellini||Ultra terminal||Italy|||
|2006||Citect||SCADA and MES automation software||Australia|||
|February 2007||APC||Power backup and protection and electrical distribution||USA|||
|October 2007||Pelco||Video security||USA|||
|July 2009||Conzerv Systems||Power monitoring||India|||
|July 2009||Meher Capacitors||Power factor correction||India|||
|March 2010||Zicom Security Systems||Security systems||India|||
|April 2010||SCADAgroup||SCADA and control systems||Australia|||
|December 2010||Areva T&D||Transmission & distribution||Europe|||
|2010||Andromeda Telematics||Integrated control solutions||UK|||
|March 2011||Summit Energy||Energy management||USA|||
|April 2011||Digilink||Network connectivity products||India|||
|May 2011||APW President Systems||Enclosure systems||India|||
|May 2011||Luminous||Power inverters||India|||
|June 2011||Telvent||Real-time information management systems||Spain|||
|June 2011||Viconics Electronics||BMS products||Canada|||
|August 2011||7-Technologies||Software for simulation and optimization of water/electricity networks and industrial processes||Denmark|||
|December 2011||Viridity||Data center management software||USA|||
|May 2012||M&C Energy Group||Energy procurement and sustainability services||UK|||
|September 2012||SolveIT Software||Planning and scheduling software||Australia|||
|January 2014||Invensys||Multinational engineering and information technology company||UK|||
|January 2014||Eliwell||HVAC and Refrigeration controls manufacturer||Italy|||
|January 2014||AST Modular||Prefabricated Modular Data Centers company||Spain|||
|September 2014||InStep Software||Real-time performance management and predictive analytics software||USA|||
|October 2015||Juno Lighting||Sells Juno||USA|||
|July 2017||ASCO||Transfer switches, power control systems, and industrial control products||USA|||
|September 2017||AVEVA Group||Information Technology/ Consulting group||UK|||
|May 2018||Larsen & Toubro||Electrical & Automation business||India|||
As of 2019, Schneider Electric operates business units: Energy Management, Industrial Automation, and Services.
The energy management business provides installation components, software and integrated solutions for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications. The energy management business includes five divisions: Power Systems, Power Products, Secure Power, Home and Distribution, and Digital Energy. Connected technologies, software and solutions for energy management developed by the company use advancements in the Internet of Things(IoT), mobility, sensing, cloud, analytics, and cybersecurity to reveal insights from energy data.
The fourth industrial revolution, or Industry 4.0, represents along-term growth field for Schneider Electric. The company develops discrete industrial and machine automation as well as process automation products and solutions for the industrial sector, including programmable relays, motion controllers and interface modules for simple machines to complex process systems for smart manufacturing. The company is also a provider of software for industrial automation and control. See AVEVA.
Schneider Electric's portfolio of offerings is aimed at a wide range of industries and end-markets, including:
In 2016 Schneider Electric launched the next generation of EcoStruxure – an IoT-enabled architecture, which delivers solutions in six domains: Power, IT, Building, Machine, Plant and Grid; for four end markets: Building, Data Center, Industry and Infrastructure. The EcoStruxure platform uses Microsoft Azure.
Schneider Electric is a European company with a board of directors. The functions of the Chairman and the Chief Executive Officer are carried out by Jean-Pascal Tricoire, who was appointed Chairman and Chief Executive Officer on April 25, 2013.
The Schneider Electric brand has evolved over 180 years of operations, a result of acquisitions, divestments, and evolution of its business model to include corporate social responsibility as a core of its global brand. In 2018 and 2019, Schneider Electric was named one of the World's Most Admired Companies (Fortune).
Schneider Electric's diversity and inclusion initiatives, and programs for empowering women in the workplace, have received recognitions such as the Robert W. Campbell Award in 2011 and the Green Cross for Safety Medal (2011) the highest honors of the U.S. National Safety Council. In 2015, Schneider Electric joined the UN Women HeForShe, a solidarity movement to promote gender equality. Most recently, Schneider Electric received the 2019 Catalyst Award for advancing inclusive and empowering workplaces for women and was named to the 2018 Bloomberg Gender-Equality Index, the second year the company has received this distinction.
Schneider Electric ranks high in sustainability among global corporations, and since 2005, the company has measured its sustainable development progress with the launch of its Planet & Society barometer, and today, with its Schneider Sustainability Impact (SSI)report. The SSI report was developed to align with United Nations (U.N.) Sustainable Development Goals (SDGs). Every quarter, the company provides an update on their progressin a report audited by a third party. For example, the company has generated 12% circular revenues through its and circular business models and environmental policies, which included the goal of recovering 100% of their industrial waste at 200 manufacturing sites. In another example, Schneider has achieved 80% renewable electricity.
Schneider Electric launched the Schneider Electric Foundation to focus on reducing the energy gap and investing in education in emerging economies, as well as increasing sustainability awareness. The group operates under the aegis of Fondation de France. As of 2017, more than 140,000 people participated in the Foundation's training programs since 2009.
Schneider Electric's programs focused on fighting climate change and promoting sustainability has received recognitions such as the “A” rating from CDP Climate for eight consecutive years. In 2019, Schneider Electric was named the winner of The Circulars Award 2019 in the Multinational category by the World Economic Forum. The Circulars Award is the premier circular economy awards program in the world. Schneider Electric has made the Corporate Knights’ “Global 100” list of the world's most sustainable corporations for seven straight years.
Schneider Electric is recognized as Global Compact LEAD for sustainable development. In 2018, Schneider Electric Chairman and CEO, Jean-Pascal Tricoire, was appointed to the UN Compact Global Board. Schneider Electric is a signatory of the United Nations Global Compact, a sustainability initiative. In 2017, Schneider Electric joined RE100 and EP100, global collaboratives of businesses committed to 100% renewable energy.
In September 2019, Schneider Electric was included on Fortune's Change the World list which celebrates companies with daring ideas which are driven from the desire to make the world better. Schneider was included for its commitment to driving a circular economy, making energy-management and automation equipment that is crucial to sustainability with equipment designed to last longer and be easily recyclable.
Since 2013 Schneider Electric has been the official partner and the first title sponsor of the Paris Marathon, one of the most popular long-distance annual running events in Europe. In 2013, 37,000 runners generated electricity with their footsteps as they ran over energy-harvesting tiles.
The Paris Marathon is known for its famed scenic landmarks along its route, including the Arc de Triomphe, Champs Elysées and the Bois de Vincennes. The Paris Marathon, one of the major marathons in the world, achieved a record number of participants (60,000) in 2019. The Paris Marathon also achieved 100% carbon neutrality in 2019, the first time in its history. Gelete Burka (women's event) and Abrha Milaw (men's event) were the winners of the 2019 Paris Marathon; both runners are from Ethiopia.
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