A Visit report to Schneider Electric Innovation Summit New Delhi 2018.

Sustainability and Energy efficiency are among the key focus areas in the green Energy sector today. Importance of our environment and also ways to preserve it has gained significance from the past decade. It is necessary to lower the impact on the environment and contribute greener place to live. Managing energy and doing this with digital transformation has taken energy management to a higher and a newer level. Reducing the carbon footprint is one the key agendas of many industries, where the Indian Government is also making changes to the policies and regulations to drive them. The digital transformation of energy and changes are currently sweeping the energy industry, calling for efficient energy management and monitoring.

Digital Economy again is driven by various technologies where IOT, artificial intelligence and digitalization are enabling to become more efficient and this is changing the world at a faster pace. In order to stay on par with the industry, competitors are but imperative that we are supported by an ecosystem that is driving the digital change and energy management and automation.

Schneider Electric which is one of the leading companies in digital transformations of energy management and automation hosted the Innovation Summit in India for the very first time in India on 19th and 20th of March 2018. The summit has brought key industry leaders who have shared valuable insights to grow a digital economy, navigating it with disruptive technology tools towards building sustainability agenda leading to efficiency in business. This summit reiterated the commitment that Schneider Electric and how automation and digitization are helping to manage energy which is very much in line with the policies and guidelines of the Indian government to reduce the carbon footprint in India by bringing 2,000 customers and policymakers on one platform.

Key reasons why this summit is important:

•             To gain a new perspective on how digital is redefining power in infrastructure, data centers, various industry and the Grid.

•             Executives from whom we can learn from Keynotes and panels featuring industry leaders and their executive committee

•             Get an expert opinion on how Digital Economy can change the way we deal with data and get responses from experts

•             Why it is important to build a roadmap for your organization to help accelerate growth and transformation that differentiates the company.

•             NETWORK with product and solution experts, partners, and analysts for true competitive insight.

•             Innovation is the main driver of this summit and hence the innovation hub will showcase tomorrow’s technologies today, a vision of the future.

Addressing the plenary, Mr. Amitabh Kant, CEO of Niti Aayog, said the country is poised for paradigm shifts with huge disruptions in physical infrastructure. “We are creating 100 smart cities with another 50 cities which will be connected by metro and a few connected with bullet trains. The government is converging physical infrastructure with the biometric-based digital infrastructure to improve human lives with uninterrupted water and electricity supplies, efficient public transportation, quality education and healthcare services

Opening the plenary session of the summit, Anil Chaudhry, Zone President and Managing Director of Schneider Electric India said, “Schneider Electric’s technologies are powering businesses and key government programmes including Make in India, Smart Cities Mission, and Electric Mobility. Nearly 15% percent of India’s solar capacity is based on Schneider technology. Digitisation and IoT are going to transform India’s energy ecosystem so that all citizens have access to uninterrupted electricity at affordable rates.”

The event featured strategic discussions and interactive deep-dive sessions among over 50 expert speakers from Schneider Electric besides a diverse group of customers and partners from India and across the Asia Pacific region. It was designed to further accelerate digital solutions to make New India Energy Positive. The expert sessions included those on intuitive industries, living spaces of the future, leveraging IoT in manufacturing facilities, enabling digital hospitals, re-imagining data centers for a connected tomorrow, empowering industrial OEMs for the digital era, inclusive growth of India through skill development and rural electrification.

The showcasing of Schneider Electric’s Innovation Hub was a rich exhibition of company’s portfolio of digital innovations of Software, solutions, and services. EcoStruxure™ displayed its next-generation architecture and platform that delivers IoT-enabled open and interoperable solutions across user segments. Home Automation which is a fast-growing consumer segment, Schneider also displayed its new range of IoT enabled smart home solutions called ‘Connected Homes’. The digital demos brought the innovative platforms closer to customers as well as the broader audience.

The Electric Vehicle market in India is a booming sector and expected to grow at double digits by 2022 also the government is encouraging this sector to a large scale to reduce vehicular emission.  Schneider Electric to capture the huge potential market in electric vehicle charging space displayed its EV charging infrastructure named EVLinks. EVLinks is already available in different markets across the world and the company is keen to tap into the nascent Indian market for the same. This can be installed both at home and public spaces as well adding to its versatility.

The building of Smart cities project in India has gained momentum and based on they are working to develop their first green city at Naya Raipur in Chhattisgarh. The integrated project for Naya Raipur Development Authority (NRDA) will cover the entire gamut of public services like transportation, surveillance, citizen applications, end-to-end smart grid solutions, end-to-end water management system and integrated building management system.

At the realm of this, it is but important to understand that sustainability and reducing carbon footprint through digitalization transformation which indeed will be the future drivers.