chneider Electric, a leader in energy technology, launched its new asset performance management service in the U.S. This new service builds on a smaller launch earlier this year and is a big step toward making it easier for companies to manage their important infrastructure.
The new model combines the best tools in the industry into one simple, reliable service. It helps reduce risks, improve operations, and make infrastructure more resilient in a world that relies more on electricity and artificial intelligence.
This announcement was made at Schneider Electric's Innovation Summit in Las Vegas, where over 2,500 business leaders and innovators gathered to discuss solutions for a smarter, more affordable, and stronger energy future.
Why it’s important: Managing important infrastructure is harder than ever. Businesses are dealing with old equipment, too many different vendors, and increasing demand for electricity, all while there aren't enough skilled workers.
Schneider Electric is addressing these problems by offering a single, unified service that covers all of a company’s critical infrastructure. This approach cuts out the confusion of dealing with multiple vendors and contracts, helping businesses reduce electrical failures and unexpected downtime by up to 75%, while also lowering planned downtime costs by up to 40%.
Executive Statement
According to Jerome Soltani, Senior Vice President, U.S. Services, as electrification gains momentum, the importance of resilient and efficient critical infrastructure in the U.S. has never been greater. Many of their customers are facing real challenges—from aging assets and constrained budgets to a shrinking pool of skilled workers – and they see a tremendous opportunity to deliver greater value. Schneider Electric is the only energy technology partner equipped to manage the entire electrical system—from grid entry to operational output—replacing fragmented maintenance providers with a fully integrated and simplified service model. The result: improved resiliency, efficiency, uptime, and growth for our customers.