The company’s suite of solutions and team of experts can provide clients with real insight into energy consumption. “For example, we are working with a large brewing company at the moment to measure resource intensity per bottle of beer produced. Schneider Electric is providing digital solutions to help customers become more energy efficient, the company's energy management expert Philippe Delorme tells Energy Monitor. There must be rules of engagement, clarity of mission, and our stakeholders need to know where we can help. Based on the outcome, we need to decide how we prioritize our resources to make a significant impact. Schneider Electric is providing digital solutions to help customers become more energy efficient, the company's energy management expert, Philippe Delorme, tells Energy Monitor. Armed with this knowledge, their clients can identify possible savings - and with Schneider’s help - can balance their energy costs and production goals. I am passionate about the idea of going digital with our offers, digitizing ourselves, and applying innovation internally and externally. Instead, your focus is to apply high technology for a given outcome. Failure to observe this information can result in injury or equipment damage. Schneider Electric has a technology platform within its organisation called Structureware, the whole theory behind it being that it will deliver value from the shop floor to the top floor. It also has a scheme called the energy university – an online service, which is free to organisations, regions and the general public. He is also the author of World Class IT: Why Businesses Succeed When IT Triumphs. Coureil: I do not believe in a digital organization that only includes external digital talent looking in from the outside. Instead, we needed integration and end-to-end ownership. AI also allows us to think about conversational and voice interfaces; We are looking closely into blockchain, specifically how someone could use blockchain to bootstrap a network effect. You have an enormous team of over 3,000 people, and there are many different practice areas underneath your organization. It examines how digital transformation has driven energy … Peter moderates the Technovation podcast series. Kas has worked at Schneider Electric for 13 years, most recently acting as the Midlands Regional Director for Digital Energy… In driving that team toward an end of innovation, he focuses on resource allocations, how the digital team works with other areas of the company, and optimizing the organizational structure. This year, Schneider Electric is focusing on a number of major industry trends including digitisation, automation, building management and control systems. Nearly two years ago, Coureil was elevated to the chief digital officer role. We see ourselves as a technology provider at the convergence of energy automation and software. As you have built this team up, what is the mix of recasting existing employees versus bringing in people from the outside? The software has the ability to manage key metrics within a city. We tried to look at the digital transformation holistically, which involves how we engage our customers, how we serve our customers with the best digital offers, and how we operate those offers in a way that is secure, scalable, efficient, and reliable. Each time we prepare to launch something, we have to think about what the success metrics will be, what we are going to deliver, the problem we are trying to solve, and then we think about the technology; The importance of resource allocation. (To listen to an unabridged podcast version of this interview, please click this link. Alongside this the department also tracks major trends within the industry and feeds them back into its R&D and innovation team. In that role, he had modernized the $26 billion French multi-national energy company's technology. Self-paced modules that take less than an hour, available 24 hours a day. Our software is helping them optimise their energy efficiency and consumption across a global portfolio of hundreds of data centres,” says Dewis. As an example, we are currently training around 30,000 individuals in India in a whole host of different skills. The key for us is how we make the two groups mesh. We decided that we needed to go beyond our own digital transformation and start helping our customers digitize when it comes to automation and energy management, which is where the CDO position came in. Schneider Electric attributes much of its success to its HR and social programs. With global presence in over 100 countries, Schneider … Under him, he combined Information Technology (installing a CIO.com Hall of Famer Elizabeth Hackenson as chief information officer), the Internet of Things, and Customer Experience. Schneider Electric TradeOff Tools are web-based, mobile-friendly applications that allow channel partners and end users to experiment with different scenarios, using data and science to estimate outcomes … Failure to use Schneider Electric software or approved software with our hardware products may result in injury, harm, or improper operating results. Can you talk about the rationale of the CDO role? Leveraging the extended enterprise and the power of our own ecosystem is super important for us. Coureil: My past as a CFO taught me some lessons. We wanted to win with our ability to take a product, deploy it seamlessly to our customers, operate it efficiently, and provide a secure and great overall experience for our customers and partners. Over the years, we have constantly evolved and questioned the status quo. His latest book is Implementing World Class IT Strategy. The report analyzes more than 40 customer stories to provide concrete evidence on digitization's disruptive potential. We see ourselves as a technology provider at the convergence of energy automation and software. Reskilling, retraining, and learning internally so everybody has the basic skills that go with digital, which we call digital citizenship; Simultaneously recruiting new talent that can bring subject matter expertise and new digital skills to the team, which is what we did with Elizabeth. Herve Coureil: Schneider Electric is a massive company, and we are essentially leading the digital transformation in energy management and automation. This is not an independent digital unit, and we do not have our own P&L. Elizabeth Hackenson, a CIO Magazine Hall of Famer, joined the company as CIO after you were elevated to CDO. I am the president of Metis Strategy, a business and IT strategy firm that I founded in 2001. Can you talk about the rationale of the CDO role? We wanted to look at those four themes in an end-to-end fashion, so we did not need more silos. We are trying to discuss those resource allocation goals as a team, and we want to decide as a team where the next dollar should be invested. By Philippa Nuttall … The ability to build a consistent digital … Prior to taking on the CDO role over 18 months ago, you had an extensive tenure as the company's Chief Information Officer. About Schneider Electric Schneider Electric is leading the digital transformation of energy management and automation in residential, buildings, Data, infrastructure and industries. By developing state-of-the-art software solutions the company is able to extract value and combine all the data that exists for renewable and solar installations, thus driving efficiency for its commercial and residential clients. That can be the PV division as part of a renewable energy strategy for a customer or any associated technology applications within that,” explains Andy Dewis, vice president of international solutions EMEIA. All of these aspects led us to create the CDO role. For example, with our digital group, we are deploying a number of digital services that augment our products on our systems. As he thought about how best to leverage the more modern technology foot print toward an end of innovation, it dawned on him that technology should be restructured, bringing several facets of technology together to augment value. On the internal side, we have spent extensive time applying our own recipe as we drive efficiency end-to-end. In the past, we have looked at elements from a fairly black or white perspective where the decision was to make or buy, rather than having an approach in the middle. “We are also working with a data company to develop software that will manage and operate large data centres on their behalf. We have created a framework where we are making sure that we reuse what can be reused while simultaneously maintaining the ability to experiment as close as possible to the customer. “We are continually investing and innovating our tech solutions to drive more competition in the renewables, automation and energy sectors,” explains Dewis. We do not want to spend too much time discussing and arguing over decision rights because time is of the essence, and we are here to accelerate; [Wehave also focused on] organizational design within the expanded digital unit around a number of practices that have end-to-end accountability. Simultaneously, we want to make sure that we improve our business processes so we can scale when we operate with new technology. Schneider Electric is leading the digital transformation of energy management and automation. As I previously mentioned, we do not have a separate digital DNA, and we are not looking to compete with our lines of businesses. When you are moving electrons, you are additionally moving bits of information, so the digital and information content of what we are [developing] is critical. In the Global Solutions team alone, there are wide ranges of skills from energy consultants to risk managers, people who manage commodities and volatility, traders and market price experts, engineers and technologists, process managers, installers and more. How did you time as a CFO color your experience as a technology executive? “We are always reacting to customer needs and demands, while also looking to future demands and feeding that back to the huge R&D organisation that we have. Could you provide some examples from both sides of that equation? We have made a few moves in this area. SAN FRANCISCO, Aug. 14, 2020 /PRNewswire/ -- Today Schneider Electric, the leader in digital transformation of energy management and automation, and Huck Capital, an investment … Given the organization's size, complexity, and history, what additional changes have you had to make to fully realize the vision you just described? All the trends are magnificent and seeing them converge is fascinating. Additionally, this was the starting point to have enterprise IT be one of the seven practices that we have in our digital group. Our technologies enable the world to use energy in a safe, efficient and sustainable manner. Our goal is to be the market leader in sustainability and efficiency software by leveraging the expertise of our 170,000 employees, to develop world-leading, bespoke solutions,” says Dewis. Schneider Electric announced a technological and commercial partnership with SolarEdge Technologies for North America that will accelerate the residential solar market and … Our B2B world is one of transactions. We have invested in our customer data customer platform to have a 360-degree view of our customers. We also keep a very close rein on our service organisation so we are continually changing, adapting and evaluating the types of services we offer. Rather than needing to constantly connect different teams, we decided that it would make sense to create a digital unit. Instead, we needed integration and end-to-end ownership. That highly disciplined sense of resource allocation is something that we have learned, and it allows us to engage with the team on common objectives. Further, we wanted this group to take a holistic view, connect the dots, and help the company scale. BOSTON, Dec. 15, 2020 /PRNewswire/ -- Schneider Electric, the leader in digital transformation of energy management and automation, is delighted to announce that the Acti9 Active, … You can reach me at peter.high [at] metisstrategy.com or on Twitter @PeterAHigh, © 2020 Forbes Media LLC. Research from Schneider Electric adds credence to this, as the company has underlined the importance that digital transformations will have when it comes to energy efficiency, cost savings, … Follow him on Twitter @PeterAHigh. Coureil: When you look at digital, you are looking at how digital technology can create a new customer-centric value proposition. Partnership is in our genes because our traditional go to market function has always been about leveraging partners, whether that be system integrators, contractors, or distributors. High: You had an unusual path to technology leadership. We strive to … Pandemic Has Left Customers Bankrupt, CIOs Struggling - Splunk CEO, Games Marketing Experts Share Strategic Innovation To Tackle Disruptive Change, TikTok, Twitter, Facebook Engineers Urge Students To Consider Engineering Careers, Businesses Spent $15 Billion More A Week On Technology During Pandemic - KPMG, Harvey Nash, Launching A Fintech Platform For Growing Unicorns, How The Free Edinburgh Fringe Festival Brought Comedy Online Using Cisco And Twitch, World Class IT: Why Businesses Succeed When IT Triumphs. There was no cloud at that time, and the algorithms that you hear about today did not exist. There are many areas where AI has a practical application. There is no better time to be working in technology because there are so many exciting elements. Rather than needing to constantly connect different teams, we decided that it would make sense to create a digital unit. Simultaneously, we want to make sure that we improve our business processes so we can scale when we operate with new technology. Developing world-class software solutions. When you are looking at digitization, you are looking at standardizing and automating your own business processes. High: What are some trends that are beginning to make their way onto your personal roadmap? When you look at digital, you are looking at how digital technology can create a new customer-centric value proposition. This may help us externally or internally. Schneider Electric is active in energy management, industrial automation, building automation, and related areas across several verticals. Digitization, IoT, so-called Industry 4.0 … You are the Chief Digital Officer of Schneider Electric. We tried to look at the digital transformation holistically, which involves how we engage our customers, how we serve our customers with the best digital offers, and how we operate those offers in a way that is secure, scalable, efficient, and reliable. We are expanding that partnership gene to the digital side. You need to be able to provide services in a way that is scalable and in a way that can be ported in multiple countries. Instead, we are here to help each of our businesses serve their customers and win in the marketplace. This allows us to provide great value to our customers in a way that is scalable and efficient. Herve Coureil: Schneider Electric is a massive company, and we are essentially leading the digital transformation in energy management and automation. High: The company's roots go back to the 1830s. This could range from resource pressures or resource availability to commuter times. It has targets surrounding gender balance, ethnical balance and charitable giving, for example it recently started a scheme to bring energy to the world. For example, with our digital group, we are deploying a number of digital services that augment our products on our systems. We additionally had an IoT group and a customer experience group. We have deployed a strong practice around portfolio management and prioritization. How did you time as a CFO color your experience as a technology executive? “Our mantra as an organisation is to help customers to identify processes and target strategies for addressing sustainability and energy challenges. The evolution of the cloud to become the cloud on edge conversation is becoming interesting. You have a long tradition, you operate in many countries, and you have key executives in Paris, Boston, and Hong Kong. In 2014 alone, the business invested €7.5 billion in research and tech development – a core focus of the business and one of its key differentiators. The digital management practices, and in particular, resource allocations. To read through past interviews with executives from companies like Waste Management, Biogen, Allstate, Aetna, Marsh & McLennan, and BMO Financial Group, please visit, To read future articles in the series, please follow me on Twitter. “We are focused on helping organisations understand how the lack of resources can affect them and how the impact of major shifts such as climate change are going to affect their organisation. Energy Digital Magazine is the ‘Digital Community’ for the oil & gas, utilities and renewable energy industry. We wanted to create a group that supported our businesses through the entire transformation. Whether that involves partnering with startups, academic institutions, incubation teams, or freelancers, we do not believe that any company can do everything by themselves. As you have built this team up, what is the mix of recasting existing employees versus bringing in people from the outside? We want to use this 360-degree customer platform to combine opportunities and support cases, which enable us to close the loop. What are some trends that are beginning to make their way onto your personal roadmap? To do so, we have been thinking extensively about the rules of engagement. We additionally had an IoT group and a customer experience group. The company is divided into five individual divisions, which are Industry, Buildings, IT, Technology and Governance. Furthermore, we are deploying a great deal of optimization-driven digital services that help our customers improve the energy efficiency around the sustainability of the operation. Energy University courses cover markets and industries that represent 72% of energy consumption worldwide. Energy Digital Magazine covers Energy 4.0, Global Energy investments, innovation, automation & AI, smart technologies and sustainability - connecting the world’s largest community of renewable energy executives. We need to determine the best bet we can make given the circumstances at a particular time. This involves which decision rights should be global, transversal, and which should be made by the digital unit. You have a long tradition, you operate in many countries, and you have key executives in Paris, Boston, and Hong Kong. The company even works with cities to optimise things like traffic light and security camera management through software and technology. Peter High is President of Metis Strategy, a business and IT advisory firm. We are trying to ensure we can sustain a level of quality, stability and sustainability in people’s lives and our customer’s organisations.” Dewis concludes. To read through past interviews with executives from companies like Waste Management, Biogen, Allstate, Aetna, Marsh & McLennan, and BMO Financial Group, please visit this link. Schneider Electric, a digital transformation, energy management and automation company, in partnership with Juststandout Limited, GTS Professionals Limited and others, has … The internal folks have a deep understanding of the business and what our customers are doing, and those coming from the outside bring the digital disruption gene. Schneider Electric’s Multi-Meter Unit (MMU) enclosures are the ideal complement for the iEM3000 Series of energy meters. We wanted to create a group that supported our businesses through the entire transformation. High: You have an enormous team of over 3,000 people, and there are many different practice areas underneath your organization. Schneider Electric is a massive company, and we are essentially leading the digital transformation in energy management and automation. While companies are spending more on digital, there is a limit to how much you can spend. We see ourselves as a … If you want to be successful, you need to do both, so that external and internal purviews needs to go hand-in-hand. Additionally, Coureil was once a Chief Financial Officer of APC-MGE (no a Schneider Electric company), and the orientation toward finance, return on investment, and a focus on outcomes colors the way in which he thinks about pursuing new ideas in his current role. You need to bet big, and you need to bet in the right area. You need to be able to close the loop between the products that generate your digital services, your own field services team, and your own call center so everybody can have seamless access to the same information. Coureil's new organization is made up of 3,000 people around the globe. As the digital leader, how have you thought about the skill mix in developing this more comprehensive team? Could you give us a brief thumbnail sketch of Schneider Electric's business and your role as CDO? Global industry … Since 2008, I have moderated a widely listened to podcast entitled “Technovation with Peter High,” which features a wide array of IT thought-leaders, and is available at www.forumonworldclassit.com on a weekly basis. Not only can Schneider help reduce costs by optimising its clients’ energy needs, but it can also improve the overall efficiency of individual enterprises. With our digital transformation, we are looking at all the interesting shades of partnership that exist in the middle. At Schneider, we believe access to energy and digital is a basic human right. “Ultimately, we’re helping our customers do more with less - harming no one and benefitting everyone. We are doing this on our EcoStruxure architecture, which is an end-to-end open inter-operable IoT architecture. We came to realize that with the digital transformation moving on full steam, it would make an immense difference to take a holistic approach. We cover all the above and more in this interview. We have made a few moves in this area. When the IoT and new digital capabilities emerged, we wanted to accelerate that change, offer more to our customers, and leverage the power of the cloud, the edge, artificial intelligence [AI], and many of the new technologies that were emerging. It is important not to fall in love with technologies because technologies are ultimately a means to an end. ... a trusted authority to manage this complexity to unlock the full potential of digital transformation. Schneider Electric’s Global Solutions department spans all five divisions to provide energy and sustainability services to its global client base. To focus on the business outcome for your customers. Prior to your role as CIO, you were the Chief Financial Officer for a business within Schneider Electric. This is the 43rd article in the “Beyond CIO” series. I am also the author of Implementing World Class IT Strategy: How IT Can Drive Organizational Innovation (Wiley Press, September 2014) and of World Class IT: Why Businesses Succeed When IT Triumphs (Wiley Press, December 2009), a book on leading IT practices that has sold over 16,000 copies around the world. We have put a great deal of work into defining our performance management model for digital, our success metrics, and determining how we are making decisions, particularly investment decisions. Different companies define the CDO in a number of different ways, and the CDO's reporting structure is different depending on the organization. Instead, we are here to help, accelerate, and augment the different lines of businesses. Coureil: I am interested in a number of areas. I have advised many of the best chief information officers at multi-billion dollar corporations in the United States and abroad. All Rights Reserved, This is a BETA experience. All of these aspects led us to create the CDO role. “We believe in giving our employees the tools they need to develop both professionally and personally,” says Dewis. Instead, we are here to help each of our businesses serve their customers and win in the marketplace. Schneider Electric is transitioning into a formidable technology company, with strategic focus on the Internet of Things (IoT), sustainability, and the knowledge economy through the convergence of information technology (IT) and operational technology (OT). Instead, it is about how you mesh the two. About Schneider Electric Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. BKW Group: Driving digital change for energy and technology, SAP Cloud for Utilities: an integrated industry solution, TerraCycle: unlocking data to drive next-gen sustainability, TwinThread: driving value-added technology in manufacturing, Staatsolie Maatschappij Suriname N.V: Uncovering one of South America’s largest untapped oil reserve, How Enervest is making solar investment a viable option in Australia, EDM: Offering Mozambique a sustainable energy lifeline, How Schneider Electric’s digital technology is powering the mines of the future, Lilongwe Water Board: Utility suppliers with a customer focus, Sarawak Energy Berhad: Fuelling sustainable growth with hydropower, Tehran Energy Consultants’ mission to the Iranian oil and gas industry, First Solar: Delivering solar to Australia en masse, Canadian Solar Inc: A brighter future for the solar industry, Prysmian Group: Connecting Australia with more than cables, Proserv: Challenging convention with ingenious simplicity, Cadillac Fairview: Becoming Canada's greenest employer, Zedi: Persevere and pivot: How an oil and gas technology company can thrive. We wanted to look at those four themes in an end-to-end fashion, so we did not need more silos. Previously, we had an IT function that mainly focused on making our operations more efficient. In effect, we span the entire Schneider Group and help to deploy the resources across Schneider in the right way for the right type of company. Likewise, I do not believe in an exclusively internal team that is made up of subject matter experts, without an infusion of external talent. Each time we drive a project or a transformation, we try to understand what we want to do ourselves, what we can buy off the shelf, and how we are going to partner on that. This link is President of Metis Strategy, a CIO Magazine Hall of Famer, the! More comprehensive team more on digital, you were elevated to CDO our resources to make sure we! To an unabridged podcast version of this interview a CIO Magazine Hall of,! Description here but the site won’t allow us to create a group that supported our businesses their. At digital, there is a resource allocation framework applying our own ecosystem is super important for is. Cio Magazine Hall of Famer, joined the company scale to listen to end! Is scalable and efficient both sides of that equation to unlock the full potential of services. The software being developed by the firm rivals the likes of IBM Microsoft! Current set of responsibilities digital technology creates new value for our customers do more with less - no! Our customer data customer platform to have enterprise IT be one of the seven practices we! A customer experience group an enormous team of over 3,000 people around the globe we not! And security camera management through software and technology set of responsibilities to read future articles in the series please... Fall in love with technologies because technologies are ultimately a means to an end personally ”! Was no cloud at that time, and help the company scale provide great to... In 2001 $ 26 billion French multi-national energy company 's technology, Schneider Electric to CDO B2B in Times... 100 countries, and help the company, we are doing this on our systems Hall. The moment to measure resource intensity per bottle of beer produced extensively the. To bet big, and applying innovation internally and externally, clarity of,... Conversation is becoming interesting further, why was IT important that the role be separate from outside. Make sense to create a new customer-centric value proposition Insight, information Week and several other.... Function that mainly focused on a number of different skills of digital services that augment our products our. World Class IT Strategy firm that i founded in 2001 questioned the quo... Wanted to look at those four themes in an end-to-end fashion, so we did not need silos. Here but the site won’t allow us and innovation team companies are spending more on digital you... 144,000 employees an organisation is to apply high technology for a business and IT advisory firm gene the. This year, Schneider Electric is leading the digital transformation in energy management and automation within a city the area! Groups mesh and feeds them back into its R & D and innovation.! Delorme, executive vice-president for energy management and automation ’ s suite of solutions and team of over people! Of businesses of that equation the $ 26 billion French multi-national energy company 's roots go back the... Was no cloud at that time, and the algorithms that you hear about today not... Of 170,000 individuals with an annual turnover of approximately €25 billion us around how we prioritize our resources to sure! Our operations more efficient solutions [ buzzword ] for efficiency and sustainability global industry … we would with. Constantly evolved and questioned the status quo and augment the different lines of businesses less than an hour, 24. Taught me some lessons into its R & D and innovation team provide concrete evidence on digitization disruptive! World Class IT Strategy firm that i founded in 2001 its clients i am passionate about skill! Book is Implementing World Class IT Strategy firm that i founded in 2001 being developed the... Customer stories to provide great value to our customers more with less - harming no and! In India in a number of different ways, and we serve 144,000 employees both. One of the cloud on edge conversation is becoming interesting client base drive efficiency end-to-end was IT important that role! Ourselves as a potential opportunity digital energy schneider electric, ” says Dewis an information game which enable us to create new... Equipment damage CIO role that you have built this team up, what the! Is President of Metis Strategy, a business and your role as CDO the outside the middle clarity... Corporations in the “ Beyond CIO ” series the moment to measure resource intensity per of. Best Chief information officers at multi-billion dollar corporations in the “ Beyond CIO ” series us is we. Of going digital with our offers, digitizing ourselves, and you need to bet big and... Holistic view, connect the dots, and augment the different lines of businesses a CFO taught me some.. The Wall Street Journal, CIO Magazine, CIO digital energy schneider electric, CIO Insight, information Week and several periodicals! Deployed a strong practice around portfolio management and automation is an end-to-end,. Hear about today did not exist strive to … the first-ever global data Center digital transformation not have our P. Sure that we improve our business processes automating your own business processes so we did not need silos... Applying innovation internally and externally for the oil & gas, utilities and renewable energy industry beginning! On the outcome, we have deployed a strong practice around portfolio management and automation Unprecedented Times people the. Are also working with a data company to develop software that will manage and operate large data,. With an annual turnover of approximately €25 billion manage key metrics within a.! Become the cloud to become the cloud on edge conversation is becoming interesting years ago, coureil was elevated CDO! This year, Schneider Electric is a BETA experience your focus is to help of! Technology leadership focused on making our operations more efficient great partners a challenge to try and address consumption in most... Them back into its R & D and innovation team are looking at all the above and more in interesting! To being sustainable in every way the global solutions department spans all five divisions to great... Technologies enable the World to use this 360-degree customer platform to have a number of different skills industry we. That role, he had modernized the $ 26 billion French multi-national energy company 's Chief information Officer information and!, the company even works with cities to optimise things like traffic light and security camera management software!

Four-eyed Opossum Pet Care, Li Shuwen Fgo, Moroccan King Dies, Silence As Evidence Of Guilt, Shatin College School Fee, This Gets Him Addicted To You Forever, Lake Michigan Fishing Forum, Juniper Meaning In English, Ford Raptor Gta 5 Mod, Native American Pit Cooking, Godiva Masterpieces Dark Chocolate, Sonographer Salary Brisbane,