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Last week, Mercedes-Benz held a special event completely covering the future of Mercedes cars and vehicles. Mercedes-Benz is one of the world’s great automotive manufacturers. Renowned for quality, performance, design and technology, Mercedes often stands above its peers. While many people in America believe that Henry Ford created the first automobile, it was actually Karl Benz of Mercedes-Benz who did so.

I have owned two Mercedes and regret both and have vowed never to buy another. But now, after hearing what Mercedes announced, I think it’s time to reconsider that position because what I heard potentially solves both of the problems the company has been having. These issues had nothing to do with the cars themselves (which were awesome) but everything to do with my relationship with the company.

With Nvidia and Google, Mercedes-Benz is building a truly smart car that will create a relationship with the car owner and potentially a far more friendly front-end to the company than people currently have. It promises a relationship with your vehicle that is like a relationship with a well-trained pet and could develop into a long-term friendship.

Let’s talk about how automotive AI should improve our relationships with our cars and their makers. Then we’ll close with our Product of the Week, a prototype car from Audi, another Nvidia partner, that promises more amazing progress.

My Strange Mercedes-Benz Relationship

My two Mercedes-Benz cars were amazing in their own way. The first was the ML 320, one of the first Mercedes trucks made in the US, and thankfully it was a tank. I was in three accidents while I owned the car, none of which were my fault. In the third accident, I was in between two brand new Jeeps when a Mazda RX-7 speeding at a stoplight hit me. The collision was enough to crush two Jeeps, but my truck only needed two bumper repairs.

The problem that occurred had nothing to do with my truck. Instead, the problem was with the service advisor I was assigned, who apparently believed I was too poor and low-class to own a Mercedes-Benz, something he did every time I came in for service. but clarified. That experience soured me on the brand, even though it was a dealer relationship problem and had nothing to do with the car.

My other Mercedes, a GLA 45 AMG, was recent and a great car too. It was super powerful and, with one exception, the best track car I’ve ever owned. But several things happened that screwed me over to Mercedes-Benz again.


There was one option that I made sure I ordered because it was important to me: the HomeLink garage door control. But between when I ordered the car and when it arrived, the company bundled that option in, which was not present at the time of ordering. They removed the option without notifying me.

When the car arrived without it, I was offered the chance to have it installed by the service for about 10 times the initial cost when ordering. This was all on top of taking the car to Germany and being treated so poorly during the process that I almost returned the car and asked for my money back.

An additional problem was that the car had an automatic parking brake. This is problematic for a track car because when you stop and shut off the car, the brakes set, but after a track run when the brakes are white hot, the brake pads cause the rotors to adhere. Builds up, which requires a brake job. Not cheap, and the car will run badly until it is done.

AMG had a monthly event where you could call in and ask questions. When I called to inquire about this brake problem, I was again treated very poorly, with the implication that I should just suck it up and sit in the car until the brakes cooled down ( 15-20 minutes) because there was not, and never will be, a solution.

In both cases, it was not the car’s fault, but the people at Mercedes-Benz, who didn’t take customer service seriously enough for a luxury car. While my bad experiences were with Mercedes-Benz, I know people who have complained about every luxury vehicle with the possible exception of Rolls-Royce.

Instead of dealing with people, what if your car was intelligent enough to be your interface for the company? It can adapt itself to your unique needs and even act proactively to potentially save your life.

The next generation of smart Mercedes-Benz cars

I consider myself a car guy. Like many of you, I anthropomorphic my vehicles, though not as much now as I did when I was young. Until this next generation, cars have not been intelligent and have been disappointing friends.

In a mix with Nvidia and Google, Mercedes-Benz is using technologies like generative AI and Nvidia’s Omniverse to make cars smarter, cars that can talk to you and communicate more precisely what they need , report repairs and advocate for you Mercedes is in an impressive effort to make you more loyal to the brand and more engaged with your increasingly autonomous vehicle.

From how the next generation of factories are built to how cars are built, Nvidia’s Omniverse will be used to simulate factories, vehicles, lines of different models and the robots and workers who will build and maintain them.

When you order it, you can better track the car when you receive it and receive timely notice when the package changes, and you need to adjust your order to ensure that To include what you want on the car or the options made available after you order the car.

If there is a problem with the car, instead of searching the manual or calling the dealership, Vehicle will rapidly be able to explain the situation and what you need to do to fix it. This last one can be incredibly important if you have this problem hundreds of miles from the dealership.

Entertainment, driving options, seating position, ambient lighting, and massaging seats will be set to your preferences when the car recognizes you — which can be done via your phone. Those settings will be able to move from car to car if you stick with the Mercedes-Benz brand.

The cars will have game consoles and will increasingly be able to drive themselves, giving you time to access multiple entertainment options via massive displays. Think of the car as your own rolling home theater/gaming chair that will chew up the time on long journeys or keep you entertained and occupied when stuck in traffic.

You should also be able to make videoconferencing calls in the car at some point, allowing you to participate in meetings even before you get to the office (assuming you ever go to the office).

Holistic application of technology should lead to better cars and lower costs, which should translate to lower prices, better customer service and a better relationship with the car and owner. But how does this turn out my two bad experiences with Mercedes-Benz.

Wrapping Up: Automotive AI To The Rescue

The ML320 situation I talked about earlier, with embedded AI, instead of a bad experience, would be like this:

When I pick up the vehicle, and I’m clearly upset with the way I’ve been treated, the car recognizes I’m upset and asks, “What’s wrong?” Then I explain to the embedded generative AI I that the service advisor is treating my wife and me poorly and we are very upset about it.

Next thing I know, I get a call from Mercedes-Benz indicating they’ll take care of it. By the next day, I have a coffee offer with a new service advisor and the head of the dealer’s service department, who tells me to call him if I have any other problems.

Instead of not wanting a Mercedes-Benz, I am now impressed by the level of service and more loyal to the brand as a result. I’m not blowing smoke here. I once did a survey about Dell and Sony and found that even though Sony made better PCs than Dell at the time, people were more loyal to Dell because Dell treated them very well when they had problems. , and Sony didn’t.


In the GLA 45’s experience, I would have been assured that even before HomeLink was installed on the car it got to it, was able to make the vehicle aware that I was being treated poorly, and again Mercedes bud I will be able to address the problem before I turn sour on the brand.

More importantly, the car could self-fix the problem with the parking brake and report it back to Mercedes-Benz so other track drivers could benefit from my feedback.

Essentially, I’ve never wanted to buy a Mercedes, never wanted to buy anything else, which is the true advantage. Customer churn is a huge expense for any industry. For a car company with Mercedes-Benz’s reputation for quality, improvements in customer engagement and training could vastly improve perceived product quality and customer loyalty.

I expect people to want the ability to carry the personality they developed in their old Mercedes-Benz into a new car. Otherwise, they may become so attached to the vehicle that they may never want to get rid of it.

I’ve been a fan of TV shows like “Knight Rider” and “My Mother the Car,” so I look forward to the day when I can have a deeper relationship with my automobile.

tech product of the week

Audi ActiveSphere Concept

Rarely do cars make it from their prototype form to final production, but one recent prototype caught my eye: the Audi ActiveSphere concept.

Audi ActiveSphere Concept

Image credit: Audi

I live in Bend, Oregon, where the weather can go from sunny and warm to icy and dangerous in a single day. I love sports cars, and while my wife’s Jaguar F-Type was scary-dangerous when it was cold, it was one of the most fun cars I’ve ever owned.

I want a car that embodies the concept of a sports car, but can, at the push of a button, transform or expand into an off-road vehicle so I can take it for Costco runs or bike into the hills. can be used to carry. , Like Mercedes-Benz, Audi is also working with Nvidia to provide the same capabilities I mentioned above.

With top-notch performance, track capability, and the ability to transform into an off-road or pickup-truck-like vehicle at the touch of a button (or even automatically when changing positions), Audi’s ActiveSphere Designed for the place I live and how I would like to enjoy my next automobile. Of course, it’s electric – all the advancements to come are in electric cars as the automotive industry goes electric.

The Audi Activesphere concept captured my imagination like no other car had before. It’s very attractive, sums up what every other car I’ve owned lacks, and has the entertainment and self-driving capabilities I’ve always wanted but couldn’t afford. The only question is whether I can afford it or not.

Mercedes-Benz is showcasing the personality of the car I want next, and Audi is showcasing the design that meets my needs. Audi might as well have a combination of both which will occupy my wallet. I have owned three Audis (two TTs and an S5 Cabriolet) and love them both. ActiveSphere might become my fourth, so it’s my product of the week.

The opinions expressed in this article are those of the author and do not necessarily reflect the views of ECT News Network.

Held annually in Las Vegas, CES is unquestionably the most famous and influential tech show on the planet.

With the pandemic still hanging around the world last year, its 2022 appearance was a shadow of its former self, attracting just 45,000 people – down from its pre-Covid high of 150,000 – with dozens of exhibitors ramping up their on-floor presence ahead of the show was cancelled.

This year’s event, happily, attracted significantly more attendees, reaching the 115,000 mark, according to the event’s organizer, the Consumer Technology Association.

After logging nearly 80,000 steps, attending over 35 meetings, and spending many hours on the show floor during my five-day stint, I can attest that the event lived up to my expectations.

There were interesting products and solutions, running the gamut from wireless TVs for your toilet to urine sensors that can monitor your kidney health, VR headsets to the latest electric vehicles; There was literally something for everyone.

Putting those product categories aside, I was looking to see what inroads the industry has made in smart home energy management. Over the past several years, some companies have tried to broaden the definition of a smart home to include the ability to manage electricity use as part of their sustainability efforts to reduce carbon and fossil fuels.

In late 2021, I embarked on a long journey into my home to test the theory that smart devices — and ultimately smart appliances — could reduce my electricity use and, most importantly, my electric bills.

A year after upgrading my 1,700-square-foot condo in San Jose, California, with a host of devices specifically designed to monitor my electricity usage in precise detail, the results were surprising and ultimately disappointing.

How do I upgrade my home with smart energy management devices?

As the saying goes, you can’t manage something until you can measure it, and this is important in the field of smart energy management.

Fortunately, there are some ways to accurately measure power consumption. If you’re building a new home, many homeowners opt to install smart energy electrical panels that connect to the home network and provide detailed information on electricity usage to appliances and outlets.

Legacy Electrical For homeowners with legacy panels, a product such as Schneider Electric’s Visor Energy System is a more economical alternative to replacing the entire electrical board. However, you’ll need a certified electrician to install it because the unit gets embedded behind an existing panel.

schneider electric sensible energy system

Wise Energy Home Power Monitor | Image credit: Schneider Electric


Wiser Energy uses machine learning to check all the power you use in your home. It can identify appliances that are on and off, and its intelligence can even identify major appliances and power usage down to the outlet level. I’ve been using it since late 2021, and it helps me determine which devices in my home are in “always on” status, like the refrigerator.

I’ve gone a step further and used several Kasa Smart Wi-Fi power strips to help me dramatically reduce so-called “ghost” power (also known as “vampire” power), because Most devices waste power when they are not on. use or even discontinued. Ghost power is estimated to account for around 20% of all residential energy consumption, so it is a significant phenomenon.

I’ve installed four Casa Smart Wi-Fi power strips in key areas like my bedroom, den, and office, allowing me to automatically power down and power these areas on at specific times in the morning and at night. Plus, these power strips are Amazon Alexa-compatible, so I can wake them up and turn them off via spoken word.

Smart appliances were the next major upgrade.

Despite a lot of momentum classifying the smart home at a higher level, many consumers have been reluctant about upgrading their major devices to “connected” models because the perceived benefits outweigh the costs.

It’s worth mentioning that it cost about $7,000 to upgrade my entire kitchen and laundry room (refrigerator, oven, dishwasher, and washer/dryer) with the latest connected models from Samsung and LG.

For the mainstream consumer, the convenience of remotely changing the refrigerator’s temperature, being notified of when the filter needs to be replaced, or how many times the refrigerator door has been opened, is worth a lot of cash. .


Sure, the ability to remotely see inside your Samsung refrigerator with its integrated indoor camera to figure out when you need to buy milk when you’re already at the grocery store can be helpful. Nevertheless, the fact that most appliances have a life cycle of more than 15 years facilitates consumer behavior that these in-home machines do not upgrade until they fail.

Strangely, smart appliance makers haven’t aggressively used appliance intelligence to change consumer behavior. Neither LG nor Samsung’s Smart app will advise users to delay doing their dishes or laundry until early morning or late evening, when utilities like Pacific Gas and Electric in California offer less-expensive time-of-use (TOU) plans. offers.

TOU plans are available in California, Arizona and Massachusetts, with scores of other states coming in the coming years. TOU plans are widespread in Western Europe and Asia, and it is only a matter of time before these offers become ubiquitous in the United States.

Appliance apps lack energy provider integration

Connected device manufacturers have a lot of work to do in this area. Suggesting to postpone doing dishes or laundry with a general message about saving money isn’t enough. A great smart home appliance app should be able to connect to my energy provider account so that it can provide specific cost savings based on my behavior and routine.

For example, let’s say my LG dishwasher tells me I’ll save 90 cents by delaying using it until after 9 p.m., which could translate into savings of several dollars a month or a year. In that case, I imagine the behavior would change quickly. Sadly, this capability is not integrated into the LG and Samsung Smart apps.

The Schneider Electric Wiser app provides me with typical kilowatt-hour (kWH) costs for appliances at the zip code level. Yet, it is not directly tied to my utility account and does not provide the personalized messaging needed to change consumer behavior. This situation is a substantial missed opportunity for all parties involved.

On the bright side, the Home Connectivity Alliance formally announced its interface spec at CES 2023, which should provide greater interoperability between individual devices, including paving the way for how connected solutions work in the real world for the consumer. Can provide energy and cost savings. hope springs eternal.

Will smart energy upgrades to my home save me money?

With 2022 now in the rearview mirror, I could do some “behind the envelope” math to figure out the effect. As mentioned earlier, the results were both surprising and disappointing.

First, the good news: Despite the scorching heat in the Bay Area in 2022 and “staying” with friends and relatives more often in 2021 versus last year, when I lived more or less in isolation, my overall electricity use was about 3.5% lower.

I attribute much of this to the elimination of phantom power, but my more efficient intelligent appliances, which I installed in October, also played a part. One notable example: FTC.gov rates the cost of a new LG washing machine for a full year of use at $13 compared to $38 for the older 2007 model it was replaced with.


Today’s new equipment is dramatically more affordable than the products available 15 years ago. If I pro-rate the savings related to those new appliances for a full year, I could see an even more dramatic reduction in total electricity use in 2023, potentially reducing my annual electricity use by 10% May come This is really a big deal.

But here’s the bad news: Despite that power cut, in 2021 through 2022, my actual power bill climbed About 18%, from $2,508 to $2,954 in 2022. This type of news will reduce the skepticism of smart home energy management.

Yes, California is to blame, as it has some of the highest electricity rates in the nation, despite regularly taking advantage of less expensive TOU plans.

While some may mildly spin this result because it could have been much worse if I hadn’t made all these upgrades to my condo, it’s not the type of message that will be successful with most consumers, as they View the upgrade as a means. In fact now to save money from their expenses.

In the final analysis, my main conclusion is that this underscores how seriously I should consider moving out of California.

Other notable sightings at CES 2023

A few other product demonstrations caught my attention and were worthy of being called out during my five-day stint in Las Vegas.

lenovo thinkbook wireless dock

lenovo thinkbook wireless dock

Image credit: Synaptics


Synaptics, one of the major human interface “component” technology leaders in the world, announced a new capability that Lenovo has used to release a completely wireless docking station, the aptly named Lenovo ThinkBook Wireless Dock .

With the potential to feature seamless, cable-free 4K display connectivity, this capability will resonate with work-from-home users who hate cluttered desktops.

EV Battery Management

Infineon Technologies and Newtron Controls, as shown in my on-site interviews, demonstrated new technology designed to optimize overall battery management and consumption in the EV field.

Given the scores of control systems in the average EV, this capability will find wide appeal by electric car makers looking to optimize as much as possible in a highly coordinated, synchronized manner without sacrificing functionality or safety.

schneider home

Schneider Electric unveils its innovative, sustainable home energy management solution, called Schneider Home.

Schneider Home Sustainable Home Energy Management

Image credit: Schneider Electric


Consisting of a home battery for clean energy storage, a high-power solar inverter, a smart electric panel, an EV charger, connected electric sockets and light switches, this attractively designed solution monitors energy consumption by individual appliances Uses an app to manage and decide how to prioritize power during an outage.

While it lays the groundwork for lower electricity costs by taking advantage of solar energy stored in local batteries, its associated app still provides functionality based on individual account linkage with the local energy provider, rather than guiding consumer behavior at the device level. ready to monitor. Nevertheless, it is a good step in the right direction.

material product display

Finally, it was good to see the Matter smart home inoperability initiative making an appearance at CES 2023.

Unlike last year’s CES, the Matter product demos, which promise to allow smart home devices to work together without strict allegiance to Amazon Alexa, Google Assistant, and Apple HomeKit, were on the show floor and behind the NDA sessions. Was visible in both the shows. ,

Unfortunately, MATER-compliant products are still not available at retail, but that should change in the next 60 to 90 days.

While watching the live stream of last week’s formal announcement of the Matter Smart Home initiative, I couldn’t resist recalling Samuel Beckett’s classic existentialist drama, “Waiting for Godot,” where the two characters wait for Godot in a series of discussions and conversations. Participate in encounters, for a proxy god, who never comes.

After all, the Matter initiative was made public by the Connectivity Standards Alliance (formerly Project Connected Home over IP) almost three years ago in December 2019.

Matter is a royalty-free home automation connectivity standard that requires manufacturers to fund certification costs. Despite numerous delays over the past three years, Matter has attracted support from a number of smart home heavyweights, including Amazon, Google, Comcast, Apple, and the Zigbee Alliance.

Matter’s mission is undeniably important to the future development of smart homes as it seeks to reduce the well-known fragmentation across multiple vendors and achieve interoperability between smart home devices and Internet of Things (IoT) platforms from different manufacturers. wants.

In theory, Matter certification would allow consumers and businesses to not worry about smart home devices from Amazon, Apple, or Google (just to list the big hitters) working with each other. At least that’s the promise.

thing draws a veil

Last week in Amsterdam, CSA and Groupe Developing Matter announced that it had formally released version 1.0 and that scores of smart home products — several hundred, in fact — were certified. The implication is that the market should soon see products with the “Matter” logo on shelves, though perhaps after the holidays.

The launch event showcased an impressively wide spectrum of smart home solutions ranging from motion blinds, occupancy sensors, door locks, smart plugs, lighting and gateways. CSA claims that 190 products have either received formal certification or are awaiting testing and certification.

what does all this mean

Refreshingly, Godot may finally appear on the smart home stage. The delay in genuine Matter-certified solutions coming to market hasn’t slowed the pace thanks to industry support and initiatives. If anything, many leaders in the smart home space continue to double down on their support for Matter.

For example, Amazon used the launch event to announce that it would have 17 different Echo devices, plugs, switches and bulbs (albeit with Android support) working with Matter in December. In fact, some smart home devices have already been released or are being updated with Matter recognition.

One of Matter’s promises, beyond the interoperability benefits, is that it should enable entirely new use cases and experiences that weren’t previously thought of. Several major “component” companies, including Infineon Technologies and Silicon Labs, are in the process of integrating Matter support into their chips. This fact should allow device makers to bring new iterations of Matter-compatible devices to market faster.

Matter-Certified Smart Home Appliances

Sample Matter-Certified Smart Home Appliances | Image credit: Connectivity Standards Coalition


In addition, companies such as Schneider Electric that provide smart home energy management systems to consumers and businesses believe that Matter devices will ultimately facilitate lower energy bills through better energy monitoring, control, and optimization. will do.

Finally, Matter Certification has wisely considered the security and privacy requirements in its spec. While ease of use and interoperability underscore the mission of Matter Spec, the security features should allow a more robust security perimeter for bad actors to hack into consumer and business networks via IoT solutions.

Analyst Tech

It’s hard to deny the pace of the industry behind the Matter initiative. Plenty of money, resources and intellectual capital are the undeniable tailwinds that increase Matter’s chances of success. Nevertheless, the technical standards have a notorious history, and the delay of the noted case has raised some solid doubts.

However, despite the in-fighting in the industry that sometimes plagues these standards bodies, Matter has been remarkably drama-free. This initiative has only grown into overall industry support, and that’s a good thing.

But bringing Matter-certified devices to market is only the first challenge the CSA and its consortium members will face. Initial reviews of Miter’s functionality and usability across key devices will take center stage in the coming months, and pundits will be watching.

Does the interoperability work as advertised? Will the baseline functionality of Matter-certified devices be sufficient that the user does not need to use the manufacturer’s native app to enable specific differentiated functions?

Overall, smart home manufacturers differentiate their products. For example, not all smart door locks are the same. From a manufacturer’s perspective, mater can have a commoditization effect, reducing a manufacturer’s ability to market the distinctive features of its offerings.

Finally, there is also the recent appearance of the Home Connectivity Alliance (HCA), yet another standard unit focused on the interoperability of smart appliances such as refrigerators, dishwashers, washers and dryers.

HCA appears to have a complimentary purpose than Matter, but with members like LG, Samsung, Haier and Residio, don’t rule out the potential for consumer confusion.

Regardless, hope is eternal that after New Year’s Day, the market will finally see the goods and whether the wait was worth it. I certainly hope that, as the smart home space needs it, mainstream users without strong technology skills can take advantage of its potential.

In the meantime, I’ll have some hot chocolate waiting for Godot to arrive.

Significant scientific research recognizes that climate has affected humans and animals over the past decades. Reasonable people can, and should, argue about the severity effect level. But it is also logical to ask what the world can do to reduce the impact of climate change in a practical, cost-friendly and measurable way.

Schneider Electric is arguably the undisputed leader in the digital transformation of energy management. Equally important, few companies have a technology legacy, global credibility and authoritative reputation in energy and sustainability.

The 186-year-old company has stood firm in its view that access to energy and digital technology is a fundamental human right. To implement that vision, Schneider Electric offers a wide range of energy and automation digital products that help individuals, homeowners and businesses become more efficient and sustainable.

From a practical standpoint, Schneider Electric solutions – often integrated from a hardware, software and services standpoint – often appear in homes, buildings, data centers, infrastructure (such as airports) and industrial entities.

event on time

Last week, the company used its annual customer and partner event in Las Vegas, called the Innovation Summit, to announce several new offerings to its energy management business.

Interestingly, its timing could not be more surprising given the complexity of the current instability of the energy environment, which has sent raw material and energy prices to four-decade highs.

Schneider Electric's Energy-as-a-Service solution showcased at Innovation Summit 2022

Schneider Electric’s energy-as-a-service solution on display at Innovation Summit 2022 (Image credit: SmartTech Research)


Ultimately, the goal should be to remove significant sources of energy waste and emissions. The focus on smart grid deployment and simplifying building energy management, a historic Schneider Electric strength, are all decisive steps that could help take the environmental football to the field.

new eco-friendly solutions

With this as a backdrop, Schneider Electric used Innovation World to announce four new solutions that will help companies strategize, digitize and decarbonize their daily operations, accelerate sustainability goals, and address the current energy disaster. To provide necessary help and support. These capabilities seek to eliminate many of the world’s most potent greenhouse gases from energy-based infrastructure.

SM Airset

On the emissions front, the company announced the SM AirSat, a green, digital solution powered by air purifiers.

SM AirSat targets utilities and industries to reduce their environmental footprint and optimize their operation and maintenance.

EcoStruxure for Renewable Energy

Renewing its focus on the energy grid, the company is updating the legacy strategy of its Grid of the Future, Schneider Electric, to enhance the promise of clean, renewable energy.

The company’s new solution, Ecostructure for Renewables, is attractive as it pools new technologies and 21st century digital twin integrations to help renewable agriculture operators bring renewables to market faster.

It is innovative and reflects the much needed urgency in the market. This new capability utilizes digital continuity by combining hybrid power sources into the operations of farm operators.

Schneider Electric was one of the first companies committed to the belief that the world should reach a net-zero carbon emissions currency as soon as possible.

Ecostructure Energy Hub

The company’s new EcoStructure Energy Hub allows businesses to embrace their net-zero goals by facilitating energy awareness, compliance, optimization and performance.

Essentially, this solution is an easy-to-use and highly secure IoT SaaS (Software as a Service) offering that creates visibility into the energy and emissions profiles of installations and streamlines the management of building energy systems.

The solution was initially launched in the United States, but will be released in select countries during the remainder of 2022, with global availability in 2023.

ecocare

Finally, the Schneider Electric EcoCare program can be compared to a premium credit card-like concierge service for energy organizations. The offering aims to help customers leverage their energy and internal resources by using Schneider Electric’s expertise in electrical and industrial equipment, sustainability, mission-critical power, and digital and analytics competencies.

Furthermore, EcoCare is designed as an integrated, IoT-enabled bundle of professional 24/7 support, with a focus on deep insight into asset status and understanding efficiency and potential sustainability enhancements.

Analyst Tech

Before we finish, take a quick look at several demos at Schneider Electric’s Innovation Summit:

There is no doubt that the global economy is facing unprecedented changes in the energy sector. While climate change and decarbonization targets are the main drivers of this change, energy security and independence concerns also play a powerful role.

With these announcements, Schneider deserves credit for playing the key role behind the goal of making electric energy more electric and perhaps more importantly digital. Often described as the Electricity 4.0 stage in the energy sector, the digitization component of Schneider Electric’s strategy is a challenge for the industry as a whole.

However, the Innovation Summit was not just about innovative and much-needed solutions. Perhaps what struck me most during the event were the eloquence, humility, and common-sense commentary from Jean-Pascal Tricoire, CEO and President of Schneider Electric, and Amir Paul (pictured above), the company’s North America was the chairman of.

The two officials spoke passionately about the urgency needed to confront the world’s current “triple” crises – energy, economic and climate – facing global governments.

Schneider Electric CEO Jean-Pascal speaking at the Trichore Innovation Summit 2022

Jean-Pascal Trichoir, CEO of Schneider Electric, speaking at the Innovation Summit 2022 (Image credit: SmartTech Research)


Refreshingly, the company also believes that the investment costs needed to pivot the world to more sustainable and energy-efficient sources must be affordable. This need is extremely important and cannot be dismissed. After all, the energy sector includes many legacy companies with aggressive bottom lines where transformation costs play a significant role in how quickly they move.

Ultimately, governments need to hit the accelerator by removing, or at least dramatically reducing, the bureaucracy involved from regulatory perspectives so that these new technologies and solutions can be implemented friction-free, a The general theme that pervades many keynote presentations.

This was a common theme that pervaded the main presentations during the event. My recent experience installing EV chargers in my multi-residential condo building, while a single case, tells me that local governments have a long way to go.

closing thoughts

Schneider Electric propelled itself with enthusiasm, vision and passion during its Innovation Summit. The company has set a high benchmark for what the world needs to do to transform itself into a more sustainable and energy-efficient entity. The remaining question is whether the world’s economies are up to the challenge.

Significant scientific research recognizes that climate has affected humans and animals over the past decades. Reasonable people can, and should, argue about the severity effect level. But it is also logical to ask what the world can do to reduce the impact of climate change in a practical, cost-friendly and measurable way.

Schneider Electric is arguably the undisputed leader in the digital transformation of energy management. Equally important, few companies have a technology legacy, global credibility and authoritative reputation in energy and sustainability.

The 186-year-old company has stood firm in its view that access to energy and digital technology is a fundamental human right. To implement that vision, Schneider Electric offers a wide range of energy and automation digital products that help individuals, homeowners and businesses become more efficient and sustainable.

From a practical standpoint, Schneider Electric solutions – often integrated from a hardware, software and services standpoint – often appear in homes, buildings, data centers, infrastructure (such as airports) and industrial entities.

event on time

Last week, the company used its annual customer and partner event in Las Vegas, called the Innovation Summit, to announce several new offerings to its energy management business.

Interestingly, its timing could not be more surprising given the complexity of the current instability of the energy environment, which has sent raw material and energy prices to four-decade highs.

Schneider Electric's Energy-as-a-Service solution showcased at Innovation Summit 2022

Schneider Electric’s energy-as-a-service solution on display at Innovation Summit 2022 (Image credit: SmartTech Research)


Ultimately, the goal should be to remove significant sources of energy waste and emissions. The focus on smart grid deployment and simplifying building energy management, a historic Schneider Electric strength, are all decisive steps that could help take the environmental football to the field.

new eco-friendly solutions

With this as a backdrop, Schneider Electric used Innovation World to announce four new solutions that will help companies strategize, digitize and decarbonize their daily operations, accelerate sustainability goals, and address the current energy disaster. To provide necessary help and support. These capabilities seek to eliminate many of the world’s most potent greenhouse gases from energy-based infrastructure.

SM Airset

On the emissions front, the company announced the SM AirSat, a green, digital solution powered by air purifiers.

SM AirSat targets utilities and industries to reduce their environmental footprint and optimize their operation and maintenance.

EcoStruxure for Renewable Energy

Renewing its focus on the energy grid, the company is updating the legacy strategy of its Grid of the Future, Schneider Electric, to enhance the promise of clean, renewable energy.

The company’s new solution, Ecostructure for Renewables, is attractive as it pools new technologies and 21st century digital twin integrations to help renewable agriculture operators bring renewables to market faster.

It is innovative and reflects the much needed urgency in the market. This new capability utilizes digital continuity by combining hybrid power sources into the operations of farm operators.

Schneider Electric was one of the first companies committed to the belief that the world should reach a net-zero carbon emissions currency as soon as possible.

Ecostructure Energy Hub

The company’s new EcoStructure Energy Hub allows businesses to embrace their net-zero goals by facilitating energy awareness, compliance, optimization and performance.

Essentially, this solution is an easy-to-use and highly secure IoT SaaS (Software as a Service) offering that creates visibility into the energy and emissions profiles of installations and streamlines the management of building energy systems.

The solution was initially launched in the United States, but will be released in select countries during the remainder of 2022, with global availability in 2023.

ecocare

Finally, the Schneider Electric EcoCare program can be compared to a premium credit card-like concierge service for energy organizations. The offering aims to help customers leverage their energy and internal resources by accessing Schneider Electric’s expertise in electrical and industrial equipment, sustainability, mission-critical power, and digital and analytics competencies.

Furthermore, EcoCare is designed as an integrated, IoT-enabled bundle of professional 24/7 support, with a focus on deep insight into asset status and understanding efficiency and potential sustainability enhancements.

Analyst Tech

Before we finish, take a quick look at several demos at Schneider Electric’s Innovation Summit:

There is no doubt that the global economy is facing unprecedented changes in the energy sector. While climate change and decarbonization targets are the main drivers of this change, energy security and independence concerns also play a powerful role.

With these announcements, Schneider deserves credit for playing the key role behind the goal of making electric energy more electric and perhaps more importantly digital. Often described as the power 4.0 phase in the energy sector, the digitization component of Schneider Electric’s strategy is a challenge for the industry as a whole.

However, the Innovation Summit was not just about innovative and much-needed solutions. Perhaps what struck me most during the event were the eloquence, humility, and common-sense commentary from Jean-Pascal Tricoire, CEO and President of Schneider Electric, and Amir Paul (pictured above), the company’s North America was the chairman of.

The two officials spoke passionately about the urgency needed to confront the world’s current “triple” crises – energy, economic and climate – facing global governments.

Schneider Electric CEO Jean-Pascal speaking at the Trichore Innovation Summit 2022

Jean-Pascal Trichoir, CEO of Schneider Electric, speaking at the Innovation Summit 2022 (Image credit: SmartTech Research)


Refreshingly, the company also believes that the investment costs needed to pivot the world to more sustainable and energy-efficient sources must be affordable. This need is extremely important and cannot be dismissed. After all, the energy sector includes many legacy companies with aggressive bottom lines where transformation costs play a significant role in how quickly they move.

Ultimately, governments need to hit the accelerator by removing, or at least dramatically reducing, the bureaucracy involved from regulatory perspectives so that these new technologies and solutions can be implemented friction-free, a The general theme that pervades many keynote presentations.

This was a common theme that pervaded the main presentations during the event. My recent experience installing EV chargers in my multi-residential condo building, while a single case, tells me that local governments have a long way to go.

closing thoughts

Schneider Electric propelled itself with enthusiasm, vision and passion during its Innovation Summit. The company has set a high benchmark for what the world needs to do to transform itself into a more sustainable and energy-efficient entity. The remaining question is whether the world’s economies are up to the challenge.