Schneider Electric and Accenture Build a Digital Services Factory to Speed Development of Industrial IoT Solutions and Services
April 26 2017 - 8:33AM
Business Wire
New capability aims to reduce time between
product ideation and market launch from three years to less than
eight months
Schneider Electric and Accenture (NYSE:ACN) have completed the
development of the Schneider Electric Digital Services Factory, a
‘virtual’ factory that enables Schneider Electric – the leading
global specialist in energy management and automation — to rapidly
build and scale new offerings in areas such as predictive
maintenance, asset monitoring and energy optimization.
Staffed with professionals from Schneider Electric and
Accenture, the Digital Factory gathers data from the millions of
connected assets across Schneider Electric’s infrastructure and
customer sites to speed the development of new services, from
ideation to industrialization and market launch.
The collaboration is part of a five-year contract that Schneider
Electric awarded to Accenture in January 2016 to support the
ongoing roll-out of Industrial internet of things (IoT)-enabled
solutions and digital services.
The Digital Factory provides a range of services, including
generating and incubating new ideas, designing and testing
potential offerings, and deploying and scaling solutions, as well
as providing the analytics and IoT capabilities to accelerate
development of the new services.
Having helped develop the Digital Factory through strategic and
technical consulting and change management services, Accenture is
providing a range of services around innovative ideation and
customer-centric solution development, business model development
and analytics, and the “New Digital Service Lifecycle,” which
combines customer analytics with agile, iterative service
development and delivery.
“We are driving the digitization of our businesses, and the
Digital Factory will significantly speed up our efforts,” said
Cyril Perducat, executive vice president of IoT & Digital
Transformation at Schneider Electric. “With new capabilities like
analytics, design thinking, rapid service prototyping and
iteration, we are now able to bring new services to market much,
much faster.”
Accenture research shows that while industrial manufacturers
believe that digital technologies are vital for their future, they
risk losing market share and profits because their levels of
digital adoption and their ability to innovate is low. Two-thirds
of industrial companies that Accenture surveyed said they are
feeling the impact of digital disruption, but half of them are not
yet comprehensively investing in this area as part of their overall
business strategy.
“Schneider Electric is aiming to cut the time from product
ideation to market by 80 percent,” said Karim Chaabouni, a managing
director in Accenture’s Industrial practice. “They want to deliver
innovation at every level – from connected products to network edge
control to analytics, apps and services. With Accenture’s help and
the new factory, they will be able to that.”
The Schneider Electric Digital Services Factory is part of
Schneider Electric’s programs around the recently launched
IoT-enabled, open and interoperable system architecture and
platform called “EcoStruxure,” which leverages technologies
including the IoT, cloud, analytics, mobile and state-of-the-art
cyber security to deliver added value around safety, reliability,
efficiency, sustainability and connectivity to Schneider Electric’s
clients.
Accenture is attending Hannover Messe, Germany. The company is
offering daily topical panel sessions with IIoT experts, keynote
presentations from leading academic and business figures, and
real-life applications of digital technologies for industrial
companies for a range of scenarios, from greater operational
efficiency to new revenue streams and analytics-powered insights.
Accenture is located at DIGITAL FACTORY, HALL 6, BOOTH K45. To
schedule a booth tour, please contact
Florian.heinrichs@accenture.com
For more information on Accenture’s Hannover Messe presence and
program, please visit:
https://www.accenture.com/us-en/event-hannover-messe-2017
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With more than 401,000
people serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives. Visit us
at www.accenture.com.
About Schneider Electric
Schneider Electric is the global specialist in energy management
and automation. With revenues of ~€25 billion in FY2016, our
160,000+ employees serve customers in over 100 countries, helping
them to manage their energy and process in ways that are safe,
reliable, efficient and sustainable. From the simplest of switches
to complex operational systems, our technology, software and
services improve the way our customers manage and automate their
operations. Our connected technologies reshape industries,
transform cities and enrich lives. At Schneider Electric, we call
this Life Is On.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170426005743/en/
AccentureFlorian Heinrichs, + 49 151 114
07803florian.heinrichs@accenture.comorSchneider ElectricSophie
Souquet, + 33 1 41 29 84
18sophie.souquet@schneider-electric.com
Accenture (NYSE:ACN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Accenture (NYSE:ACN)
Historical Stock Chart
From Sep 2023 to Sep 2024