Molly Ayala
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management. The company has a vast portfolio of products and services, with a strong presence in the energy sector. Schneider Electric's history dates back to 1836 when two brothers, Adolphe and Joseph-Eugene Schneider, took over an iron foundry in Le Creusot, France. Over the years, Schneider Electric has grown and evolved, establishing itself as a leader in various industries. With tens of thousands of patents worldwide and a presence in over 100 countries, Schneider Electric offers a diverse range of products and solutions. The company's core offerings include automation and control products, low-voltage systems, solar and energy storage solutions, medium-voltage distribution, and critical power infrastructure. In addition to its energy management expertise, Schneider Electric also provides sustainability services, digital transformation solutions, and IoT-enabled technologies that enhance safety, efficiency, and reliability across industries.
| Characteristics | Values |
|---|---|
| Type of company | Multinational corporation |
| Specialization | Digital automation and energy management |
| Registered as | Societas Europaea |
| Publicly traded on | Euronext Exchange |
| Component of | Euro Stoxx 50 stock market index |
| Revenue in fiscal year 2024 | €38.15 billion |
| Parent company of | Square D, APC, AVEVA, and others |
| Founded | 1836 |
| Founders | Brothers Adolphe and Joseph-Eugene Schneider |
| Initial specialization | Production of steel, heavy machinery, and transportation equipment |
| Number of employees | 144,000 |
| Number of partners | More than a million |
| Number of countries present in | Over 100 |
| Number of acquisitions | Many |
| Number of patents | Tens of thousands |
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What You'll Learn
Schneider Electric's history and acquisitions
Schneider Electric is a French multinational corporation that was founded in 1836 by brothers Adolphe and Joseph-Eugene Schneider. The company, then known as Schneider-Creusot, initially specialised in the production of steel, heavy machinery, and transportation equipment. Over the years, Schneider Electric has expanded and diversified its business through numerous acquisitions and currently offers a wide range of products and solutions in the fields of digital automation and energy management.
In the late 19th century, following France's defeat in the Franco-Prussian War, Schneider-Creusot significantly developed its weapons manufacturing capabilities. The company continued to grow throughout the first half of the 20th century, establishing manufacturing sites in several countries, including pre-Soviet Russia and Czechoslovakia. During this period, Schneider-Creusot also began to venture into the emerging electrical sector.
In the 1960s, Schneider-Creusot was absorbed by Belgium's Empain group, forming Empain-Schneider. This marked a shift in the company's focus, as it began to divest from steel and shipbuilding and move towards the electricity sector through strategic acquisitions. In the 1980s and 1990s, Schneider Electric acquired several companies, including Télémécanique, Square D, and Merlin Gerin, solidifying its position in the electrical distribution and automation space.
Schneider Electric has continued to grow and innovate, with a strong presence in the US market and a commitment to sustainability and digital transformation. The company has made over 60 acquisitions across sectors such as Energy Efficiency Tech and Smart Grid. Notable acquisitions include American Power Conversion in 2006, Areva's transmission and distribution businesses in 2010, Tower Electric in 2016, Aveva in 2017, and RIB Software in 2020. More recently, Schneider Electric has acquired EcoAct, a company focused on climate consulting and net-zero solutions, further emphasising its commitment to sustainability.
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The company's product range
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management. It is one of the largest companies in its industry, with products installed in 40%–60% of buildings in all major cities worldwide. The company has a vast product range, including:
Automation and Control Products
Schneider Electric provides automation and control products for various industries, including banking, finance, food and beverage, healthcare, life sciences, marine, and automotive. These products enable enhanced efficiency, reliability, and sustainability in energy management.
Low Voltage Products and Systems
The company offers a range of low-voltage products and systems, which are essential for electrical distribution and control applications.
Solar and Energy Storage
Schneider Electric is committed to sustainability and offers a range of solar and energy storage solutions. This includes electrochemical, electromechanical, thermal, and hydrogen storage options.
Medium Voltage Distribution and Grid Automation
The company provides medium-voltage distribution equipment and grid automation solutions, ensuring efficient and reliable power distribution.
Critical Power, Cooling, and Racks
Schneider Electric's critical power solutions include uninterruptible power supplies (UPS) and generator controls. They also offer cooling and rack systems for data centers and other critical infrastructure.
Digital Solutions
The company has developed EcoStruxure, an Internet-of-Things (IoT) platform that enables building operation and management. This platform provides a holistic view of utilities, helping businesses streamline processes and improve sustainability. Schneider Electric also offers a range of digital services, including cloud, consulting, and training solutions.
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Industries and sectors served
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management. The company operates through the following segments: Energy Management, Industrial Automation, and Central Functions and Digital Costs.
The Energy Management segment offers end-to-end technology solutions, such as EcoStruxure, to enhance safety, efficiency, reliability, and sustainability in energy management. Schneider Electric's solutions are used across various industries, including:
Infrastructure
Schneider Electric's solutions are used in critical infrastructure development and management, including transportation, water treatment, and power distribution.
Manufacturing
The company serves a wide range of manufacturing industries, including discrete manufacturing, electrical and electronics manufacturing, machinery manufacturing, and textile manufacturing.
Healthcare
Schneider Electric's products and services are used in hospital and health services, helping to ensure reliable and efficient energy management in critical healthcare settings.
Government
The company provides solutions for government services, including sustainable energy management and automation solutions for government buildings, transportation, and other infrastructure.
Research and Development
Schneider Electric is also involved in research and development, with its own R&D segment and partnerships with other companies to co-create innovative solutions, such as its joint venture with AlphaStruxure to develop a microgrid for electric bus fleets.
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Services offered
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management. The company has a vast portfolio of products and services, ranging from automation and control products to energy management solutions. While the exact number of products offered by Schneider Electric is not readily available, the company has a strong presence in the energy and automation sectors, with its products and solutions found in numerous homes and buildings worldwide. Here is a detailed overview of the services offered by Schneider Electric:
Energy Management Services:
Schneider Electric provides comprehensive energy management services, helping organizations optimize their energy usage and reduce costs. Their services include energy consulting, where they offer expertise in sustainability and energy efficiency. The company also offers energy storage solutions, including electrochemical, electromechanical, thermal, and hydrogen storage options.
Automation and Control:
The company is a leader in automation and control products, offering solutions for various industries. Their offerings include industrial control systems, programmable logic controllers (PLCs), and building automation platforms, such as EcoStruxure. This IoT-enabled platform allows customers to manage their buildings' operations remotely and efficiently.
Digital Transformation:
Schneider Electric assists businesses in their digital transformation journey, particularly in energy management and automation. They provide digital solutions, such as connected products, software, and AI-enabled Industrial IoT services, to help organizations enhance their operations and make data-driven decisions.
Sustainability Solutions:
With a strong focus on sustainability, Schneider Electric offers solutions to help organizations reduce their environmental impact. Their services include net-zero consulting, where they acquired EcoAct, a company dedicated to climate consulting and net-zero solutions. Additionally, Schneider Electric helps businesses leverage data and insights to drive sustainability efforts, as seen in their partnership with Whirlpool.
Training and Consulting:
The company provides training and consulting services to help businesses understand and utilize their products and solutions effectively. They also offer field services, ensuring that their customers receive the support they need during the implementation and maintenance of Schneider Electric's products and systems.
Customer Support:
Schneider Electric prioritizes customer support, offering a mobile app and online resources to assist clients in finding the right products and accessories for their applications. The company also maintains a network of distributors and partner integrators, such as Athena Engineering, to provide clients with easy access to their products and services.
Schneider Electric's services are designed to empower organizations to make the most of their energy and resources, bridging progress and sustainability. With a global presence and a commitment to innovation, they continue to expand their offerings and acquire new companies to stay at the forefront of the energy and automation industries.
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Global presence
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management. It is a Fortune Global 500 company with a global presence in over 100 countries and a workforce of 150,000 employees. The company's products are found in 40-60% of buildings in major cities worldwide, and it serves a diverse range of industries, including banking, healthcare, retail, and automotive.
In terms of global presence, Schneider Electric has a strong foothold in the United States, with many of its core brands, such as APC and Square D, originating in the country. The company's solutions are used by prominent American businesses like Whirlpool and Resorts World Las Vegas to drive sustainability initiatives and streamline operations. Schneider Electric has also established a presence in Europe, with its headquarters in Rueil-Malmaison, France, and a Board of Directors that governs its operations across the continent.
Additionally, Schneider Electric has expanded its global reach through strategic acquisitions and partnerships. In 2016, the company acquired Tower Electric, a British manufacturer of construction and electrical fixings. Schneider Electric also has a presence in Asia-Pacific, the Middle East, South America, and Africa. The company's global expansion reflects its commitment to bringing electrification, automation, and digitization to diverse markets.
Schneider Electric's global presence is further enhanced by its extensive partner integrator network, which includes companies like Athena Engineering, Inc. This network allows the company to provide clients with a choice of service providers, ensuring proximity to customers and stakeholders worldwide. The company also participates in leading conferences, trade shows, and special events worldwide, showcasing its latest innovations and technologies.
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Frequently asked questions
Schneider Electric is a French multinational corporation that has tens of thousands of patents worldwide. The company is the parent company of some of the world's best-known electricity, automation, and energy brands, including Square D, Télémécanique, and APC. Schneider Electric's products are found in 4 out of 10 US homes.
Schneider Electric's major products include automation and control products, low-voltage products and systems, solar and energy storage, medium voltage distribution and grid automation, and critical power, cooling, and racks.
In the fiscal year 2024, Schneider Electric posted revenues of €38.15 billion.
Schneider Electric has acquired many companies over the years, including EcoAct, American Power Conversion, Tower Electric, Aveva, and RIB Software.
