Schneider Electric SE

Schneider Electric SE engages in the digital transformation of energy management and automation. It operates through the following segments: Energy Management, Industrial Automation, and Central Functions and Digital Costs. The Energy Management segment leverages a complete end-to-end technology offering enabled by EcoStruxure. The Industrial Automation segment is composed of industrial automation and industrial control activities, across discrete, process, and hybrid industries. The company was founded by Adolphe Schneider and Joseph-Eugène Schneider in 1836 and is headquartered in Rueil-Malmaison, France.

Schneider Electric (SBGSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Schneider Electric (SBGSY) Upgraded to Buy: What Does It Mean for the Stock?

Schneider X Series light switches, dimmers, and outlets now feature Matter communications protocols to increase compatibility across major smart home ecosystems BOSTON , Aug. 20, 2024 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the addition of Matter protocols to its Schneider X Series connected wiring devices line. This enhanced communications functionality will increase compatibility across major smart home ecosystems providing greater integration to simplify home energy management.

Schneider Electric Enhances X Series Connected Wiring Device Line with Matter Communications

Zurn Water Solutions Corp

Investors interested in Manufacturing - Electronics stocks are likely familiar with Zurn Water (ZWS) and Schneider Electric SE (SBGSY). But which of these two companies is the best option for those looking for undervalued stocks?

ZWS vs. SBGSY: Which Stock Is the Better Value Option?

Schneider Electric's H1 FY'24 numbers reinforce its position as a long-term play on digitization and energy transition. Management is increasing R&D investments and projects in AI domain, aiming for ~7% of sales cash-out each year. Valuations are supported by these economics and I've revised our view up to $273/share.

Schneider Electric: Reinforced Buy After Q2 Numbers, CapEx Runway

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric today announced that applications are now open for the third installment of the Schneider Electric Sustainability Impact Awards.

Schneider Electric Sustainability Impact Awards Are Back for a Third Year, Underscoring the Company's Commitment to Supporting Its Partners' Sustainability Efforts

Schneider Electric S.E (OTCPK:SBGSF) H1 2024 Earnings Conference Call July 31, 2024 2:30 AM ET Company Participants Peter Herweck - Chief Executive Officer Hilary Maxson - Chief Financial Officer Amit Bhalla - Senior VP and Head of Investor Relations Conference Call Participants Philip Buller - Berenberg Andrew Wilson - JP Morgan Simon Toennessen - Jefferies Alasdair Leslie - Bernstein Andre Kukhnin - UBS Jonathan Mounsey - Exane BNP Paribas Gael de-Bray - Deutsche Bank James Moore - Redburn Max Yates - Morgan Stanley William Mackie - Kepler Cheuvreux Operator Welcome to the Schneider Electric's Half Year results. Thank you for standing by.

Schneider Electric S.E (SBGSF) Half Year 2024 Earnings Call Transcript

Dublin, July 30, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Schneider Electric 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides comprehensive information and insights into Schneider Electric's tech activities, including its digital transformation strategies and innovation programs. It offers an overview of technology initiatives, covering partnerships, product launches, investments, and acquisitions. The report also provides insights into each technology initiative, detailing the technology theme, objectives, and benefits. Additionally, it includes details of Schneider Electric's estimated ICT budgets and major ICT contracts, highlighting the company's financial commitments and strategic priorities in advancing its technological capabilities.

Schneider Electric Enterprise Technology Analysis Report 2024: Accelerators, Incubators, and Other Innovation Programs

Panasonic Holdings Corp

Dublin, July 24, 2024 (GLOBE NEWSWIRE) -- The "Energy Efficient Devices Global Market Opportunities and Strategies to 2033" report has been added to ResearchAndMarkets.com's offering. This report describes and explains the energy efficient devices market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region. The global energy efficient devices market reached a value of nearly $973.85 billion in 2023, having grown at a compound annual growth rate (CAGR) of 7.79% since 2018. The market is expected to grow from $973.85 billion in 2023 to $1.73 trillion in 2033.

Energy Efficient Devices, Global Market Analysis Report 2024 - Top Ten Competitors Accounted for 16.55% of the Total Market in 2023, Led by LG Electronics, Panasonic Corporation, and Schneider Electric

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric announces its renewed partnership with the University of Victoria's Women in Engineering, Science, and Technology (WEST) program.

Schneider Electric Partners with UVic's Women in Engineering, Science, and Technology (WEST) to Empower Women Students in STEM

Now in its third year, this program is open to Schneider Electric customers, channel partners, and suppliers worldwide Application process has been simplified, focusing on applicants' strategies for achieving results through digitization and decarbonization Accepting nominations until Oct. 15, 2024; winners to be announced in late 2024/early 2025 BOSTON , July 1, 2024 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a global call for entries for its third annual Schneider Electric Sustainability Impact Awards to celebrate its partner ecosystem in creating a more sustainable and electric world. This year, the application has been revamped and submissions are open until Oct. 15, 2024.

Schneider Electric Sustainability Impact Awards Return, Underscoring a Commitment to Partners' Sustainability Efforts

- Program open to Schneider Electric customers, channel partners, and suppliers worldwide - Application process has been simplified, and continues to focus on how applicants achieve results via strategizing, digitizing, and decarbonizing - Nominations are open from now until October 15, 2024 - Winners will be selected at the country, regional, and global levels in late 2024/early 2025 - Program open to Schneider Electric customers, channel partners, and suppliers worldwide - Application process has been simplified, and continues to focus on how applicants achieve results via strategizing, digitizing, and decarbonizing - Nominations are open from now until October 15, 2024 - Winners will be selected at the country, regional, and global levels in late 2024/early 2025

Schneider Electric Sustainability Impact Awards are back for a third year, underscoring the company's commitment to supporting its partners' sustainability efforts

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric has been recognized as one of the Top International Corporate Citizens in Canada by Corporate Knights.

Schneider Electric Named Top International Corporate Citizen in Canada

New Orleans-based Footprint Project deploys renewable energy equipment to communities affected by climate disasters and humanitarian crises The nonprofit is getting ready to support the Gulf Coast of the U.S., which forecasters predict could have an active hurricane season BOSTON , June 27, 2024 /PRNewswire/ --  Schneider Electric , the global leader in digital transformation of energy management, today announced a donation of $250,000 to the Footprint Project , a nonprofit organization dedicated to creating sustainable energy solutions for disaster relief efforts. The funds will support the deployment of solar-powered microgrids in areas of the United States affected by climate emergencies, providing reliable clean energy to first responders and affected residents.

Schneider Electric Donates $250,000 to Support Footprint Project in Aiding Climate Disaster Relief

The company's Sustainability Research Institute projects uptick in Industry electrification and reduction in fossil fuel demand Its investments to modernize and electrify its South Carolina operations advance its own sustainability and decarbonization targets Planned 280 new South Carolina jobs add to the 1,200 workers it currently employs in the state WASHINGTON, D.C. , June 25, 2024 /PRNewswire/ -- Today, Schneider Electric  — the global leader in the digital transformation of energy management and automation — released a new report that projects that electrification of U.S. industry will grow from 30 percent to 45 percent by 2030, a 50 percent increase.

Schneider Electric Forecasts 50% Surge in U.S. Industry Electrification by 2030, Announces $23.8 Million Investment and 280 New Jobs in South Carolina Operations Amid Electrification Trend

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric is transforming its Digital Buildings business in Canada with the launch of the SMART Buildings Division.

Schneider Electric Launches SMART Buildings Division to Drive Sustainable Building Innovation in Canada

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric and AVEVA, today announced a partnership with IN-CORE Systèmes to drive efficiency in Electric Vehicle (EV) battery production.

Schneider Electric and AVEVA partner with IN-CORE Systèmes to improve Electric Vehicle battery production process

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, the global leader in the digital transformation of energy management and automation, today announced the launch of EcoFit™, a reparability and circularity service offer for the Canadian market. Tailored for lifecycle management through modernization and reparability, EcoFit™ provides services for switchgear, UPS and cooling, as well as programmable logic controllers (PLC) and drives. EcoFit™ aims to minimize waste and maximize safety, e.

Schneider Electric Launches EcoFit™ in Canada, a Modern Approach to Handling Equipment Lifecycle

Schneider Electric continues to present with attractive business economics. The company's fundamentals, including high gross and operating margins, contribute to its higher-than-average market value in my view. Q1 2024 results show growth in energy management sales and a positive outlook for revenue and pre-tax margin growth in 2024.

Schneider Electric: 'Buy' Was The Right Call Based On Fundamentals

Capgemini SE

"Energy Command Center" is an innovative energy management platform that will enable organizations to monitor and manage the performance of energy assets across their operations BOSTON , May 22, 2024 /PRNewswire/ -- Schneider Electric, leader in the digital transformation of energy management and automation, and Capgemini, a global leader in business and technology transformation services, today announced a new collaboration in energy optimization. Designed to help organizations accelerate their journey towards smarter and greener facility management and energy efficiency, the Energy Command Center leverages a unique end-to-end combination of digital solutions and cutting-edge technologies, to both simplify energy management and optimize its consumption.

Capgemini and Schneider Electric collaborate to help companies achieve energy optimization

Industry's first platform for Specifiers that provides complete, up-to-date information to increase accuracy for architectural, engineering, and construction specifications Developed in partnership with RIB Software, next-generation platform provides new levels of simplicity, transparency, and version control for modern design and engineering firms Intuitive, cloud-based workspace to easily manage project specifications, track progress, and seamlessly download data BOSTON , May 22, 2024 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, today launched SpecLive Collaborate, a first-of-its-kind platform, to modernize and streamline product specification and content integration for professionals. Developed in partnership with RIB Software, SpecLive Collaborate represents the next generation of collaborative, prescriptive solutions and is the latest offer in the Schneider Electric Specifier toolkit.

Schneider Electric Announces 'SpecLive Collaborate', A First-of-its-Kind Platform Streamlining Specification Development Process

The company, along with Crux, and Silfab Solar, has announced a production-tax-credit deal that ultimately means more capital for renewable energy programs.

Schneider Electric's Deal Is Big News for Solar-Power Projects. Why You Should Care.

The tax credits purchased by Schneider Electric resulted in additional capital to Silfab Solar to further expand US manufacturing of solar PV modules. BOSTON, May 16, 2024 /PRNewswire/ -- Today, Schneider Electric, the leader in the digital transformation of energy management and automation, announced a collaboration with Crux, a sustainable finance technology company, to procure Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar, a North American leader in the design, development, and manufacture of premium solar PV modules.

Schneider Electric collaborates with Crux to Facilitate Purchase of 45X Tax Credits from Silfab Solar

HSINCHU, May 14, 2024 /PRNewswire/ -- ASPEED Technology, a leading provider of immersive 360-degree imaging solutions, in partnership with its subsidiary Cupola360 Inc., announced the collaboration with Schneider Electric and Millitronic to introduce an industry-first smart panoramic visual remote management solution for data centers. This innovative solution integrates Cupola360's immersive panoramic cameras and visual AI management platform with Schneider Electric's data center gateways and sensors, along with Millitronic's wireless infrastructure integration, significantly enhancing remote management efficiency and security for data centers.

ASPEED Technology, Schneider Electric, and Millitronic Collaborate to Create Panoramic Visual Remote Management Solution, Enhancing Data Center Management Efficiency

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric has appointed Joey Walters as Vice President, Human Resources in Canada.

Schneider Electric Appoints Joey Walters as VP of Human Resources in Canada

- Upholding the highest and strictest safety standards, BESS will be available in various markets around the world. - Upholding the highest and strictest safety standards, BESS will be available in various markets around the world.

News for Schneider Electric SE Stock (SBGSY)