New Digital Services from Schneider Electric use Condition-Based Maintenance to Pinpoint Operational Risks and Create Business Resilience

July 27 10:15 2021
New EcoStruxure Service Plans provide tailored service packages that create bedrock business resilience. Optimises maintenance budgets by up to 40%, and mitigates electrical failure risk by up to 75% on connected equipment.

Maynooth, Ireland – 27th July, 2021 – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a new service offer, EcoStruxure Service Plans. These enriched packages combine traditional services with powerful digital services that are tailored to pinpoint and address specific customer goals, improving performance of electrical equipment and systems.

Peace of mind for business continuity

60% of organisations are now preparing for the future by beginning their digital transformations, part of which means digitising electrical infrastructure. The goal of this digitisation is to strengthen everyday uptime and minimise risk.

Research found that 56% of electrical fires are due to a lack of maintenance. Workforce challenges are also frequently encountered, especially with respect to remote expertise and skills gaps. The new EcoStruxure Service Plans alleviate these issues by providing, in a single contract, a tailored mix of on-site services, digital services, and consulting. Schneider Electric emphasises the importance of a seamless experience for customers, who can select the EcoStruxure Service Plan best reflecting their individual needs.

“Strengthening operational resilience is a key priority for many businesses as we start to move into the next phase of recovery from the pandemic crisis,” said Rhonda Doyle Director of Operations, Services and Projects at Schneider Electric Ireland. “During the crisis, many businesses had to find ways to monitor electrical equipment health and power quality with less on-the-ground support. In doing so, many embraced digital solutions and discovered their wider benefits to keep track of the performance, identify maintenance problems before they start, and support more resilient and energy-efficient operations. We’ve built the new EcoStruxure Service Plans with the ideal mix of traditional on-site services and powerful new digital services with IoT to provide this extra layer of resilience and peace of mind for our customers.”

The right selection of contracts to deliver on the strategy

EcoStruxure Service Plans reflect Schneider Electric’s ongoing commitment to building business resilience for its customers. Beyond traditional field services, it is an IoT-enabled bundle of expert support where data, analytics, software, and domain expertise drive substantial improvements in asset management, asset safety, resilience, operational efficiency, and sustainability.

On the ground or in the cloud, the new EcoStruxure Service Plans help improve business continuity and energy management for customers by leveraging Schneider Electric’s tremendous in-house knowledge, local expertise, and its extensive partner network.

Powered by software, analytics and natively digital equipment

EcoStruxure Service plans are fuelled by connected products, such as Schneider Electric’s natively digital equipment. The company continues to bring its digital philosophy to life by equipping its equipment and retrofitting brownfield equipment with the latest sensing technologies. These provide the foundation for condition-based maintenance through analytics such as those offered by Schneider Electric’s robust EcoStruxure architecture and platform.

About EcoStruxure

EcoStruxure™ is our open, interoperable, IoT-enabled system architecture and platform. EcoStruxure delivers enhanced value around safety, reliability, efficiency, sustainability, and connectivity for our customers. EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver Innovation at Every Level. This includes Connected Products, Edge Control, and Apps, Analytics & Services which are supported by Customer Lifecycle Software. EcoStruxure™ has been deployed in almost 500,000 sites with the support of 20,000+ developers, 650,000 service providers and partners, 3,000 utilities and connects over 2 million assets under management.

From energy and sustainability consulting to optimizing the life cycle of your operational systems, we have world-wide services to meet your business needs. As a customer-centric organization, Schneider Electric is your trusted advisor to help increase asset reliability, improve total cost of ownership and drive your enterprise’s digital transformation towards sustainability, efficiency and safety.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resourcesbridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

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