Schneider Electric

Green/Sustainable Logistics Market to reach over $1.97 Trillion by the year 2031 - Exclusive Report by InsightAce Analytic

Retrieved on: 
Tuesday, March 19, 2024
Stellar, Deutsche Post DHL Group, Climate change, Schneider Electric, Projection, DHL, Environment, EVS, Carbon accounting, CEVA, Acquisition, Transport, Nitrogen, Carbon, Particulates, Carbon dioxide, Atmosphere, Universities Canada, DSV, DHL Global Forwarding, Government, CEVA Logistics, SAF

Due to its historical reliance on oil and other fossil fuels, goods transportation has made shippers' and logistics businesses' operating costs much higher.

Key Points: 
  • Due to its historical reliance on oil and other fossil fuels, goods transportation has made shippers' and logistics businesses' operating costs much higher.
  • Additionally, it adds to the emissions of harmful substances such as particulate matter, nitrogen oxides, carbon dioxide, and black carbon.
  • The costlier green procurement is anticipated to be the main obstacle facing the Green/Sustainable Logistics Market.
  • In April 2023, a commercial electric vehicle was added to Bolloré Logistics' fleet in India, a division of Bollore SE.

UK Data Center Rack Market Share Analysis, Industry Trends & Growth Forecasts 2019-2030

Retrieved on: 
Tuesday, March 19, 2024
Cloud, Hewlett Packard Enterprise, Microsoft, Black Box Corporation, Construction, Schneider Electric, Growth, Internet, Submarine, Artificial intelligence, GBP, AWS, Amazon Web Services, Investment, Cloud computing, Eaton Corporation, Telecommunications, Machine learning, USD, Government, SME, HPE, Warehouse

DUBLIN, March 18, 2024 /PRNewswire/ -- The "UK Data Center Rack - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 18, 2024 /PRNewswire/ -- The "UK Data Center Rack - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • Due to the increasing shortage of space in various companies, a full rack in the data center has taken a large part of the market share in France.
  • Therefore, the increasing use of full-rack data centers is the most important factor affecting data center rack consumption.
  • The United Kingdom Data Center Rack Market is moderately competitive, and has gained a competitive edge in recent years.

The Connectivity Standards Alliance Product Security Working Group Launches the IoT Device Security Specification 1.0

Retrieved on: 
Tuesday, March 19, 2024
Silicon Labs, NXP Semiconductors, Professional, Infineon Technologies, Connectivity Standards Alliance, Schneider Electric, Info-ZIP, Amazon, Internet of things, Comcast, Internet, Philips Hue, URL, QR, Silicon, Medical device

DAVIS, Calif. , March 18, 2024 /PRNewswire/ -- The Connectivity Standards Alliance ("Alliance") Product Security Working Group is pleased to announce the release of their IoT (Internet of Things) Device Security Specification 1.0 , with the accompanying certification program, and Product Security Verified Mark.

Key Points: 
  • DAVIS, Calif. , March 18, 2024 /PRNewswire/ -- The Connectivity Standards Alliance ("Alliance") Product Security Working Group is pleased to announce the release of their IoT (Internet of Things) Device Security Specification 1.0 , with the accompanying certification program, and Product Security Verified Mark.
  • "The unveiling of the IoT Device Security Specification 1.0, alongside its certification program and the Product Security Verified Mark, signals an important milestone in bolstering IoT security and building confidence with consumers," said Tobin Richardson, Alliance President & CEO of the Connectivity Standards Alliance.
  • "The Alliance's Product Security Verified Mark and IoT Device Security Specification 1.0 will make it easier for manufacturers to address consumer IoT security requirements around the world."
  • As technology advances and new threats emerge, the Product Security Working Group remains committed to continuously enhancing the IoT Security Device Specification and the accompanying certification program.

Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centers

Retrieved on: 
Monday, March 18, 2024
Automation, Organization, Schneider Electric, Environment, HPC, Artificial intelligence, AI, Traction, NVIDIA, AVEVA, Nvidia Omniverse, Virtual reality, Medical device

Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA's advanced AI technologies to introduce the first publicly available AI data center reference designs.

Key Points: 
  • Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA's advanced AI technologies to introduce the first publicly available AI data center reference designs.
  • "We're unlocking the future of AI for organizations," said Pankaj Sharma, Executive Vice President, Secure Power Division & Data Center Business, Schneider Electric.
  • In the first phase of this collaboration, Schneider Electric will introduce cutting-edge data center reference designs tailored for NVIDIA accelerated computing clusters and built for data processing, engineering simulation, electronic design automation, computer-aided drug design, and generative AI.
  • "Through our collaboration with Schneider Electric, we're providing AI data center reference designs using next-generation NVIDIA accelerated computing technologies," said Ian Buck, Vice President of Hyperscale and HPC at NVIDIA.

Edge Data Center Market Size to Grow by USD 22.11 billion from 2024 to 2028, 365 Data Centers & Compass Datacenters LLC to emerge as some of the key companies, Technavio

Retrieved on: 
Friday, March 15, 2024
Hewlett Packard Enterprise, Microsoft, Automation, Congestion, Component, Apple, Growth, Vertiv, Johnson Controls, Internet of things, Health care, Huawei, Fujitsu, AWS, Hitachi, Architecture, City, Cloud computing, Confidentiality, USD, Schneider Electric, Data management, Data, IBM

One key highlight is the emerging trend of consolidating edge data centers, driven by factors like cost reduction and increased operational efficiency.

Key Points: 
  • One key highlight is the emerging trend of consolidating edge data centers, driven by factors like cost reduction and increased operational efficiency.
  • Monitoring edge data center equipment across multiple locations is a challenge hindering market growth.
  • The edge data center market is witnessing rapid growth due to the increasing demand for edge computing solutions.
  • The Malaysia - data center market size is estimated to grow at a CAGR of 16.15% between 2022 and 2027.

Schneider Electric to Invest $140 Million in 2024 to Expand U.S. Manufacturing Presence to Support Critical Infrastructure, Industries, and Data Center Demand

Retrieved on: 
Thursday, March 14, 2024
Lincoln, Schneider Electric, TIME, Growth, Intelligence, Carbon footprint, Software, Plant, Investment, Water, Inflation, Renewable energy

The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt.

Key Points: 
  • The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt.
  • Both locations will manufacture custom electrical switchgear and medium voltage power distribution products to bolster support for critical infrastructure, industries, and the escalating demand for data center solutions across the U.S.
  • The Tennessee investment is part of Schneider Electric's commitment to strengthen its American manufacturing presence and create new jobs.
  • In 2023, TIME magazine named Schneider Electric to its 100 Most Influential Companies list recognizing it for work done to help clients reduce greenhouse-gas emissions.

Nozomi Networks Secures $100 Million Investment to Accelerate Mission to Defend the World's Critical Infrastructure from Cyber Threats

Retrieved on: 
Wednesday, March 13, 2024
Organization, Schneider Electric, Original equipment manufacturer, Mitsubishi Heavy Industries, Internet of things, Risk, SAN, Electronics, Honeywell, Mitsubishi Electric, OEM, Samsung, Investment, ABB, OT, GE Renewable Energy, Lux Capital, Automation, General Electric, GE Power, Keysight, GGV Capital, Renewable energy

SAN FRANCISCO, March 13, 2024 /PRNewswire/ -- Nozomi Networks Inc., the worldwide leader in OT and IoT security, today announced a $100 million Series E funding round to help accelerate innovative cyber defenses and expand cost-efficient go-to-market expansion globally. This latest round includes investments from Mitsubishi Electric, a global leader in digital manufacturing, electronics and electrical equipment and Schneider Electric, a global leader in digital automation and energy management. They join a growing list of OT original equipment manufacturers (OEMs) who have invested in Nozomi Networks, including previous investors Honeywell and Johnson Controls.

Key Points: 
  • They join a growing list of OT original equipment manufacturers (OEMs) who have invested in Nozomi Networks, including previous investors Honeywell and Johnson Controls.
  • "This investment clearly underscores the need and support for OEM-agnostic security solutions in light of today's escalating attacks against critical infrastructure around the world."
  • The company will use this latest investment to help scale product development efforts as well as its go-to-market approach globally.
  • With criminal and nation-state cyber threats to industrial and critical infrastructure on the rise, the need for Nozomi Networks solutions has never been greater.

Over 70 Hopeful Startups Primed for Hong Kong Mega Event of EPiC 2024 Grand Finale

Retrieved on: 
Wednesday, March 13, 2024
Schneider Electric, Property technology, Growth, Commercial, ICC, Hewlett Packard Enterprise, Corporation, BNP Paribas, Jebsen Group, Ecosystem, HKT, Investment, XR, CVF, Chinachem, Henderson Land Development, HKR International, Partnership, Digital, Ingram Micro, Fintech, Task force, UBS, Epic, GBA, Limited, Silicon, New World Development, Grand Finale, International Commerce Centre, HKX, Partner (business rank), Kowloon Motor Bus, HSBC, Management

This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.

Key Points: 
  • This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.
  • The current Grand Finale final judges include:
    Ar Donald Choi, JP, Executive Director & Chief Executive Officer, Chinachem Group;
    Jonathan Chiu, Hong Kong President, Schneider Electric (Hong Kong) Limited.
  • Photo 1: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Hong Kong Semi-final on 29 February 2024, with 12 of the Hong Kong's brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.
  • Photo 2: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Stuttgart Semi-final on 4-5 March 2024, with 20 of the European brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.

Axonius Announces $200 Million Series E Extension Amid Explosive Growth

Retrieved on: 
Tuesday, March 5, 2024
Schneider Electric, Stripe, Defense, SMP, Risk, News Corp, AB InBev, ARR, Lightspeed Venture Partners, Accel, Software as a service, Organization, Software, Cryptocurrency

NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Axonius, the leader in cybersecurity asset management and SaaS management, today announced it has secured $200 million in a Series E extension funding round led by Accel and Lightspeed Venture Partners. Existing investor Stripes also participated. This new round of funding is intended to accelerate innovation and scale across the globe as demand for the Axonius Platform continues to grow. The company crossed $100 million in annual recurring revenue in 2023 as it continues to expand its customer base, which includes more than a dozen of the Fortune 500 and global organizations such as Schneider Electric, News Corp, and Anheuser-Busch InBev. The company also supports four of the five major U.S. Department of Defense service agencies.

Key Points: 
  • NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Axonius, the leader in cybersecurity asset management and SaaS management , today announced it has secured $200 million in a Series E extension funding round led by Accel and Lightspeed Venture Partners.
  • This new round of funding is intended to accelerate innovation and scale across the globe as demand for the Axonius Platform continues to grow.
  • "Axonius has gone from zero revenue to exceeding $100 million in ARR in just 4.5 years, making us one of the fastest growing cybersecurity companies,” said Dean Sysman, CEO and Co-founder at Axonius.
  • The more integrations, the more information Axonius can surface about security gaps, risk, misconfigurations, cost inefficiencies, and more.

Schneider Electric Teams Up with the Professional Women’s Hockey League to Pave the Way for Greener Goals

Retrieved on: 
Friday, March 8, 2024
Environment, Technology, Sports, Hockey, Other Technology, Sustainability, Alternative Energy, Green Technology, Energy, Electronic Design Automation, Schneider Electric, Electricity, Climate, Business operations, Sport, Carbon, PWHL, Automation, Partnership, Renewable energy

Schneider Electric , the global leader in the digital transformation of energy management and automation, announces its partnership with the Professional Women’s Hockey League (PWHL).

Key Points: 
  • Schneider Electric , the global leader in the digital transformation of energy management and automation, announces its partnership with the Professional Women’s Hockey League (PWHL).
  • Named the official partner for energy management, Schneider Electric will assess the PWHL’s operations and provide a clear roadmap for decarbonization, supporting the PWHL’s journey to becoming a sustainable sports league.
  • “The PWHL and Schneider Electric share a strong commitment to environmental responsibility and community impact,” says Emily Heitman, Country President of Schneider Electric Canada.
  • “We are pleased to partner with Schneider Electric for our inaugural season," says Amy Scheer, PWHL Senior Vice President of Business Operations.