Schneider Electric Announces Strategic Investments in Planon Beheer and ETAP Automation
Schneider Electric announced a strategic minority investment in Planon Beheer B.V., a cloud-based software provider of Integrated Workplace Management Systems (IWMS). Subject to normal regulatory and legal approvals, the deal will extend Schneider Electric’s digital building lifecycle software offering, helping to increase its market penetration, and enhance the value and sustainability profiles of building assets.
Schneider Electric and Planon will jointly collaborate to deliver a suite of software and services to further digitize the building lifecycle for both existing and new buildings. This will help to improve building sustainability, operational efficiency, and wellbeing for multiple customers in the Government, Education, Real Estate, Healthcare, Finance, Data Centers and Insurance sectors.
To achieve net zero, nine out of ten buildings that exist today will need to be digitally retrofitted. Planon’s portfolio of workplace management, maintenance and operations solutions leverages real-time analytics to help to achieve greater efficiency, increase building operators’ productivity, and further transform building users’ personalized workplace experience.
Based on IT/OT convergence, the joint offering augments the breadth of insights across building asset maintenance and management workflows to deliver a suite of software that helps to create smarter workplaces. For example, helping building owners and facilities managers to:
- Mitigate the risk of occupant complaints by proactively addressing potential issues before they arise;
- Optimize space management at the enterprise portfolio level and businesses to meet emerging compliance standards;
- Improve health and safety, increasing the comfort and wellbeing of occupants by monitoring air quality and temperature;
- Drive higher occupant satisfaction, process optimization, sustainability and cost efficiency,
While continuing to operate as an independent software vendor, Planon’s IWMS extends Schneider Electric’s existing operation and maintenance solutions to deliver additional value to building owners and occupiers across multiple technologies installed in a building.
Schneider Electric Invests in ETAP Automation Inc. (“ETAP”) to Help Accelerate Smart and Green Electrification
Schneider Electric also announced that it has acquired a controlling stake in ETAP Automation Inc., a provider of a software platform for electrical power systems modeling and simulation. ETAP models, simulates, controls, and optimizes customer electricity power systems based on their digital twin equivalents.
Subject to normal regulatory and legal approvals, the ETAP investment adds to Schneider Electric’s software portfolio for electricity power systems. It’s technology will be integrated in Schneider Electric’s cloud-based technology platform for the design and operation of power systems using vendor-agnostic software-driven modelling, design, real-time predictive simulation and operation solutions. This will help deliver end-to-end lifecycle digitalization and bring enhanced efficiency, sustainability and resiliency to mission-critical, power and grid applications.
Increased digitalization will be a key enabler of the energy transition. The joint offering will help to accelerate green data centers and resilient power grids to better enable the integration of renewables, microgrids, fuel cells and battery storage technology. Moreover, global customers and partners across the process and hybrid industries, power plants and grids, data centers, railways and airports can leverage the more enhanced modelling, design and predictive maintenance capabilities.
By digitally streamlining more complex mission-critical systems, the joint Schneider Electric and ETAP offering will:
- Help to maximize the power system production process through standardized vendor-agnostic and application-specific design templates, digital twin-enabled data models and product libraries
- Better protect operational staff and equipment from arc flash, overvoltages and overheating
- Help to improve system uptime, anticipate failures and protect critical loads
- Further improve real-time awareness of new energy resources, including Solar PV, fuel cells and battery storage
- Better optimize operational performance with preventative and predictive maintenance
While continuing to operate as an independent software vendor and deliver value as an agnostic manufacturer, ETAP’s solutions will help to strengthen Schneider Electric’s position as a major player in electrical design by offering customers unique software capabilities to model, simulate and operate utilities and energy intensive systems as designed, and further enhance Schneider Electric’s digital twin capabilities in power, grid and mission-critical sectors.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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