Lenovo Group and Schneider Electric – the Fortune Global 500 companies – on November 14 announced a strategic partnership that will see the two working together on smart green manufacturing solutions for the flourishing Chinese manufacturing sector.
|Lenovo and Schneider Electric formed a strategic partnership for smart manufacturing |
The announcement was made by Lenovo Chairman and CEO Yuanqing Yang and Schneider Electric chairman and CEO Jean-Pascal Tricoire at Lenovo Tech World, the company’s annual innovation summit, taking place in Beijing on November 12-16.
Leveraging the strengths of both companies, the strategic partnership will create powerful synergies by combining Lenovo’s Industrial Internet of Things (IIoT) LeapIOT solution with Schneider Electric’s smart green manufacturing solution based on EcoStruxure. The combination will build a blueprint that can be provided as a best-in-class smart manufacturing solution to discrete and hybrid manufacturing operations, regardless of the vertical industry they operate in.
In particular, the focus will include AI algorithms and big data as it relates to all aspects of efficiency management, predictive maintenance, production quality, and other industrial applications.
"This strategic partnership will catapult the intelligent transformation of the manufacturing industry and further enable breakthroughs in smart green manufacturing. Going forward, we will continue to form more partnerships of this nature to accelerate the transformation of various industries and embrace the age of intelligence," said Yuanqing.
“Making the next shift towards green smart manufacturing is critical to nurture a more efficient, low-carbon, and sustainable future. Partnering with Lenovo is a great opportunity to further unleash the power of digital innovation in the physical world of manufacturing. A scale-up of IoT and smart solutions is key for greater efficiency and a more sustainable planet,” said Tricoire.
Lenovo employs 57,000 employees and operates in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, the company is developing world-changing technologies that create a more inclusive, trustworthy, and sustainable digital society. By designing, engineering and building the world’s most complete portfolio of smart devices and infrastructure, it is also leading an intelligent transformation – to create better experiences and opportunities for millions of customers around the world.
Also, Schneider Electric is leading the digital transformation of energy management and automation in homes, buildings, data centres, infrastructure, and industries. With a history of 183 years, the group has 137,000 employees globally. It provides energy and automation digital solutions for efficiency and sustainability. They combine world-leading energy technologies, real-time automation, software, and services into integrated solutions for homes, buildings, data centres, infrastructure, and industries.
Currently, both Lenovo and Schneider Electric have strong operations in Vietnam. With Vietnam’s goal to develop its economy following the trend of Industry 4.0, the two giants are boosting their footprints in the country to meet growing technology demands.
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