|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||109.70 - 109.70|
|52 Week Range||69.16 - 111.75|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||24.03|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr. 30, 2019|
|1y Target Est||N/A|
MISSISSAUGA, ON, June 26, 2020 /CNW/ - Two months after launching the Tomorrow Rising fund to support Covid-19 emergency relief in April 2020, Schneider Electric's Foundation moves forward to support recovery and resiliency through education and training programs. The Tomorrow Rising Fund was launched to support emergency and longer-term reconstruction related to Covid-19 in all the countries where Schneider Electric operates.
Co-developed with AVEVA, industrial edge reference designs enable system integrators to simplify IT deployments and facilitate their customers' digital transformations Schneider Electric Exchange digital ...
MISSISSAUGA, ON, June 10, 2020 /CNW/ - Schneider Electric today announced that it has been awarded the Solar Impulse Efficient Solution label for its EcoStruxure™ Microgrid Advisor and NEO Network™ solutions from the Solar Impulse Foundation. A leader in digital, energy, and sustainability, Schneider Electric is committed to accomplishing the 17 UN Sustainable Development Goals by addressing sustainability megatrends through its core business and solutions and has itself committed to achieving carbon neutrality across its extended supply chain by 2030.
Poka, a workforce training app and software service for industrial companies, has added to its roster of backers SE Ventures, the venture capital arm of the European energy and automation conglomerate Schneider Electric. Since 2014, Poka has been selling its services to companies including Bosch, Danone, Mars, The Kraft Heinz Company, Johnson & Johnson and Stanley Black and Decker, the company said. Previous backers of the Quebec City, Canada-based company include Robert Bosch Venture Capital, Groupe Leclerc and CDPQ, according to the company.
QUEBEC CITY, June 2, 2020 /CNW/ - Poka, a connected worker platform built specifically for manufacturers, announced that it has raised $6.4 million in new investment led by SE Ventures, the venture capital arm of Schneider Electric, including participation from existing investors. The new funds will be used to broaden Poka's global market reach through new distribution strategies and accelerate product development in support of the company's vision to give manufacturers a single hub for operational knowledge and collaboration on the factory floor. Founded in 2014, Poka is helping some of the largest manufacturers globally -- including Bosch, Danone, Mars, The Kraft Heinz Company, Johnson & Johnson and Stanley Black and Decker -- achieve operational excellence through digital transformation.
(Bloomberg) -- A “Romware Covid Radius bracelet” beeps every time a Tata Steel Ltd. worker in the U.K. or a docker at Belgium’s Antwerp port is within virus-catching distance of someone. At Bouygues SA construction sites and in Sanofi and Schneider Electric SE offices in France employees enter after thermal cameras check their temperatures. Invisible lasers will manage crowds at shopping malls and transport hubs in Spain and France, and some firms will use infection-tracing lanyard devices.As Europeans head back to work, they’re entering a world very different from the one they left. Workplaces from banks and offices to e-commerce warehouses, factories, sports clubs and airports are trying out or installing fever-testing thermal cameras, mask-detection systems and tracking software to prevent a resurgence of the coronavirus that has claimed more than 167,000 lives in the region.The virus has opened the doors to surveillance and monitoring technologies that many fear are here to stay. While such systems have been creeping into people’s lives across the globe -- particularly in Asia, with China’s facial-recognition points system and South Korea’s invasive infection-tracking software -- the trend runs up against Europe’s much-vaunted privacy culture. Europeans trading in privacy for safety now may find the longer-term consequences unacceptable.“The use of mass surveillance infrastructures can lead to a normalization of these highly intrusive tools, and the hasty introduction of apps, devices and cameras will, in the long term, lead to a dissolution of trust between employers and employees,” said Ella Jakubowska, a researcher at internet rights association Edri.Businesses are walking a fine line between keeping people safe and protecting their privacy. The absence of clear guidance from European regulators is forcing companies -- who could also be on the hook if they don’t sufficiently protect workers -- to make “extremely difficult decisions,” according to Daniel Cooper, a partner at law firm Covington and Burling, who advises clients on tech regulation.“The exposure of companies collecting that information goes up because it’s sensitive,” Cooper said. “They also have to balance the privacy rights of the people whose data they’re collecting and get that balance right and not break the law.”About 23% of companies surveyed globally are considering workplace tracking or contact tracing to transition back to on-site work, according to a study published this month by tax and consulting firm PricewaterhouseCoopers, which is testing its own contact tracing tool in its Shanghai office.“As lockdown is lifted, the turn to contact tracing may add a whole new layer of data being accumulated about where we go and what we do,” Andrew Pakes, research director at U.K. Trade union Prospect, wrote in a blog post Tuesday, adding that “the worry in many quarters is that we could be sleepwalking into further surveillance without safeguards in place.”Providers of such monitoring technologies tout them as a safe way to get people back to work and revive economies crushed by lockdowns. While many acknowledge the systems aren’t foolproof, they say infection risk can be capped.“Our bracelets are tools to keep workers safe and to increase performance,” said John Baekelmans, the chief executive officer of Rombit, the Belgian company whose bracelets will add a tracing feature in June to allow Antwerp port doctors to keep track of a possible spread in the virus.Rombit sees the bracelets outlasting the virus as companies use them to track employees’ health and performance. The company says it will supply such devices to 300 companies in the coming weeks.Like Rombit, Krakow, Poland-based Estimote Inc. is selling social-distancing devices to factories, research centers and hospitals, which also let them trace contacts made by any infected staffer.The devices, attached to lanyards, buzz when workers have spent too much time near a colleague. Employees developing symptoms or testing positive can press a button on the gadget to notify the company, allowing it to trace all the people they’ve been in contact with.“It’s in our DNA to come close” to other people, said Estimote CEO Jakub Krzych, adding that the devices alert users to those habits, keeping the spread of the virus in check.Herta Security in Barcelona is developing both mask-detection technology and facial recognition for touch-less access in workplaces, including for a global retail company that’s considering using it in its offices in Europe and Latin America, according to Laura Blanc Pedregal, Herta’s Chief Marketing Officer.Shopping malls and major transport hubs in Spain, France, Israel and the U.S. will be using Paris-based Outsight’s laser technology to ensure social distancing, its president and co-founder Raul Bravo said. Aeroports de Paris, which manages the French capital’s airports, is testing Outsight lasers to monitor passenger flows.Fever-checking thermal cameras are starting to become ubiquitous. Airports including London’s Heathrow and Paris’s Charles de Gaulle are testing them.“We sell more cameras every week,” said Guenther Mull, CEO of German biometrics company Dermalog Identification Systems GmbH, which offers mask detection as an add-on to its software. “The demand is currently very high.”Privacy advocates are alarmed. Thermal cameras could be seen as an invasion of privacy, said Rob van Eijk, managing director for Europe at the Future of Privacy Forum, a nonprofit think tank.“It would pressure individuals with relatively higher body temperatures to disclose or divulge, likely against their will, their personal health information that might be unrelated to Covid-19 or other respiratory viral infections,” he said.In Europe, where breaching data protection laws can result in a fine of as much as 4% of annual global revenue, companies typically wouldn’t link temperature readings to names or store the information. Still, fever readings wouldn’t be difficult to trace back to an individual, said Covington and Burling’s Cooper.For now, the checks are being taken in stride. Consider the employees of Bayer 04 Leverkusen, the German soccer club, which invested in five Dermalog thermal cameras. When the Bundesliga became the first major soccer league to resume playing last weekend, the club was ready. It had been scanning its players when they came in for training.In late April, while much of Germany was sheltering in place, professional soccer player Leon Bailey stood at the entrance of the club’s training facilities to have his temperature taken. The camera zeroed in on his forehead to read a temperature of 37 degrees Celsius. No fever. He passed through the arena’s gates and joined his teammates for practice.“They see it’s for their own safety,” said Dr. Karl-Heinrich Dittmar, Bayer Leverkusen’s medical director, in an interview. “Nobody wants to become ill.”Read More:Boxed Lunches and Cubicles Aplenty for Post-Virus Silicon Valley Paris Tests Face-Mask Recognition Software on Metro Riders(This article previously said cameras were being set up at Madrid’s University Camilo Jose Cela. A spokeswoman for Almas Industries altered her statement after publication to say the cameras were for a separate sports hall within the campus, and have not been installed.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
MISSISSAUGA, ON, May 21, 2020 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, today announced the launch of Monitoring & Dispatch Services, enabling IT solution providers and end users to optimize resources, improve efficiency, and help prevent downtime by leveraging Schneider Electric to manage the operations of distributed IT infrastructure. By simplifying the management of edge computing sites, the new services are designed to make life easier for IT staff, ensure coverage at any unmanned sites and can provide significant savings over the lifecycle of the infrastructure.
MISSISSAUGA, ON, May 21, 2020 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, today announced that it has released a public API (application programming interface) for cloud-based software EcoStruxure IT Expert. The first public API for EcoStruxure IT Expert, it enables IT solution providers and end users to seamlessly integrate a power and critical infrastructure monitoring platform into any preferred management system. With the introduction of EcoStruxure IT Expert API, Schneider Electric is helping to simplify management at the edge for IT solution providers and end users who are managing distributed IT infrastructure.
MISSISSAUGA, ON, May 19, 2020 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, and AVEVA, the global leader in engineering and industrial software, today announced their expanded partnership to deliver innovative solutions for the data center market. As hyperscale providers build data centers with an expanding fleet to meet worldwide demand, the complexities to operate and maintain these facilities are creating an unprecedented set of challenges.
MISSISSAUGA, ON, May 15, 2020 /CNW/ - The Continental Automated Buildings Association (CABA) is pleased to announce the appointment of Hugo Lafontaine, Vice-President Digital Energy at Schneider Electric Canada, a leader in providing energy and automation digital solutions for efficiency and sustainability. CABA is an international nonprofit industry association that provides information, education and networking to help promote advanced technologies for the automation of homes and buildings. "We are delighted to welcome Hugo Lafontaine to CABA's Board," said Ron Zimmer, CABA President & CEO "He brings a stellar background in building systems integration and the building automation market, and a wealth of insight into the digital platforms and solutions that will define smart-building innovations now and into the future."
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The company, which markets products ranging from electrical car chargers to transformers and production software, reported a smaller-than-expected drop in first-quarter revenue thanks in part to higher software and services sales. The business features prominently in the group's long-term strategy to improve its digital offerings in energy and automation. "As we come out of the crisis we feel very, very confident in our positioning," Schneider's incoming chief financial officer, Hilary Maxson said on a call with reporters.
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MISSISSAUGA, ON, Feb. 20, 2020 /CNW/ - For the fifth year, Schneider Electric, the leader in digital transformation of energy management and automation, announces its financial and non-financial results together for 2019 annual results. Each quarter, Schneider Electric publishes 21 indicators from the Schneider Sustainability Impact, measuring progress towards its ambitious sustainability commitments for 2018 to 2020, in line with its COP 21 commitments and United Nations Sustainable Development Goals. Following thorough verification by an external independent auditor, Schneider Sustainability Impact reached a 7.77 out of 10 score for Q4 2019, ahead of its 7 out of 10 targets for the end of 2019.
The group, which sees coronavirus costing it around 300 million euros (£251 million) in the first quarter, said the affect would be felt mostly in China, representing about 15% of its revenues, due to factory closures in January and February. "We have 80% capacity reopened for our factories in China," Schneider Chief Financial Officer Emmanuel Babeau told Reuters. Schneider, which markets products ranging from electrical car chargers and lighting control to transformers and production software, expects the impact of the virus to be almost entirely offset throughout 2020, mostly in the second half of the year.
MISSISSAUGA, ON, Feb. 6, 2020 /CNW/ - Moving forward with its commitment to build a net-zero carbon world, Schneider Electric, the leader in digital transformation of energy management and automation, announces its membership with The Climate Group's EV100 initiative to launch a Green Fleet policy which aims to replace 100% of its car fleet with electric vehicles by 2030. The announcement coincides with the launch of the 2020 Progress and Insights Annual Report which is released today, which shows demand for electric vehicles is on the up and that organizations are progressing fast towards their goals where models are available.
MISSISSAUGA, ON, Jan. 27, 2020 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, has been included in the World's Most Admired Companies, according to the 2020 list published by Fortune. The achievement reflects its growing reputation as an all-round achiever in its industry, pursuing innovation with a strong focus on sustainability and inclusion for all.
MISSISSAUGA, ON, Jan. 22, 2020 /CNW/ - Schneider Electric, the global leader in the digital transformation of energy management and automation, has for the third year in a row been ranked in the Bloomberg Gender-Equality Index (GEI). The GEI is open to all companies, from different sectors, and with a market capitalization of more than U.S. $1 billion. Schneider Electric is one of 325 global companies, and one of 16 in the industrial sector, to be ranked.
MISSISSAUGA, ON, Jan. 21, 2020 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, has been given two significant rankings - including a top place on among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) "A-List" for the ninth consecutive year. The rankings were announced on the opening day of the annual meeting of the World Economic Forum in Davos, where environmental sustainability is a dominating issue.
Partners demonstrate leadership in implementing innovative power management solutions MISSISSAUGA, ON , Jan. 17, 2020 /CNW/ - Schneider Electric the leader in the digital transformation of energy management ...
MISSISSAUGA, ON, Jan. 16, 2020 /CNW/ - Schneider Electric's Square D™ brand has announced that its patented arc flash mitigation technology, ArcBlok™ is now available across Canada, for Model 6 Motor Control Centers. ArcBlok™ is simple, effective and offers a breakthrough safety measure to protect electrical workers and equipment.
MISSISSAUGA, ON, Jan. 15, 2020 /CNW/ - Schneider Electric, the leader in the digital transformation of energy management and automation, announced that Alithya has joined the company's System Integrator Alliance Program as a Certified Alliance System Integrator for Control Systems.
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