IoT – Change is fast and furious

Schneider Electric believes that IoT is impacting the way the world is changing and is shifting business models as we know it and businesses need to change along with it.

The Internet of Things (IoT) has enabled our world to be more connected and today there are already more connected devices than people.

According to a report by Gartner, connected things worldwide will reach 20.4 billion by 2020. Therewith, the amount and variety of data from smart devices is increasing exponentially.

From products to the environment, IoT is poised to make a huge impact on our world. IoT is impacting the way the world is changing and is shifting business models as we know it.

However, to take full advantage of IoT, a highly secure software infrastructure is required that has broad connectivity, is modular and extensible, can manage and analyse huge amounts of data and is capable of delivering knowledge and results to an increasingly mobile workforce.

“As the world of networking changes, it becomes important to understand the historical value of data whether it is large or small. Most importantly, businesses need to know how to transfer this data,” says Brett StClair, Barclays Africa Head of Digital Product Management.

Schneider Electric makes their contribution to deploying IoT through open, innovative software that allows smart devices, systems and people to connect more easily and interact in a secure, highly scalable way.

“Connected devices accelerate way beyond the component of human means, and if we can bind conversions of OT and IT we, as partners, would be able to deliver IoT in an optimised fashion. The ultimate would be to get to the point where we are more digitised, more decarbonised and more decentralised,” says Riaan de Leeuw, Schneider Electric ITD Vice President – Anglophone Africa.

Schneider Electric is focused and driven to deliver enhanced value to businesses by improving safety, reliability, efficiency and connectivity.

They do this through EcoStruxure, an open, interoperable, IoT-enabled system architecture and platform that allows companies to compete in today’s digital world.

EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics and cyber security to deliver innovation at every level, including connected products, edge control, and apps, analytics and services.

Schneider Electric deploys solutions through EcoStruxure based on six validated reference architectures, including building, power, data centre, machine, plant, and grid that connects everything in your enterprise.

The platform collects critical data, from sensors to the cloud, analysing data to discover meaningful insights, enabling companies to take action by closing the loop, through real-time information and business logic.

The platform enables embedded connectivity and intelligence using standard based communication protocols, and the ability for smart devices to perform native analytics and make control decisions.

It assists developers, system integrators, and your engineering staff in building applications, such as monitoring, visualisation and control systems for implementing smart operations across your enterprise.

EcoStruxure is Schneider Electric’s latest innovation in a decades-long evolution that combines Schneider Electric’s best in class OT solutions with the latest in IT technology, empowering you to:

  • Maximise energy efficiency and sustainability
  • Optimise asset availability and performance
  • Enable smart, productive and profitable operations
  • Provide mobile insight and proactive risk mitigation
  • Foster open innovation and interoperability

EcoStruxure has been deployed in 450,000+ installations, with the support of 9,000 system integrators, connecting over 1 billion devices.

For more information visit the Schneider Electric Website.

 

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IoT – Change is fast and furious