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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Schneider Electric SE    SU   FR0000121972

SCHNEIDER ELECTRIC SE

(SU)
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Schneider Electric : introduces the Altivar(TM) Process 6000 medium voltage services-oriented drive

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08/22/2019 | 04:01am EDT

* ATV6000 improves process performance and asset management capabilities so businesses can achieve up to a 20% productivity increase and 20% downtime reduction

* Real time information and key performance indicators offer new level of operation insight for enhanced energy management to reduce consumptions and increase savings

* New medium voltage offer broadens the extensive line of Altivar variable speed drives

RALEIGH, N.C. - - Schneider Electric, the leader of digital transformation in energy management and automation, today launched the Altivar(TM) Process 6000 (ATV6000) medium voltage service-oriented drive. The ATV6000 is a smart, connected product that can help optimize businesses by enabling process optimization, improving energy management, enhancing asset management and providing a tailored engineering solution. Schneider Electric is currently working with UL and expect to have a listing by December, 2019.

Equipped with Schneider Electric's EcoStruxure(TM) Asset Advisor, the ATV6000 provides a unique solution to optimize the operation and maintenance of installations. It allows businesses to plug into the Industrial Internet of Things to manage maintenance tasks on assets with preventive and predictive management based on real-time assessments and predictive analytics.

"Our customers are focused on reducing energy consumption and operating costs, while still meeting their production goals," said Garrett Abbott-Frey, US Enclosed Senior Drive Offer Manager, Schneider Electric. "Connected solutions like the Altivar Process 6000 offer sustainable efficiency without adding additional costs so users can monitor energy usage and optimize their overall operation."

The ATV6000 with EcoStruxure Asset Advisor transforms data into insights to help run operations more efficiently and safer, with greater availability and increased profits. As part of EcoStruxure, Schneider Electric's IIoT-enabled, plug-and-play, open, interoperable architecture and platform architecture, this service-oriented drive delivers greater energy management through smart data collection, real time performance information and lifetime energy monitoring to reduce consumption.

The ATV6000 provides a high level of customization to meet specific purposes, offering flexibility for modifications and extensions. This means that no matter the challenge, electrical or mechanical, Schneider Electric's application specialists and design engineers will provide optimized solutions resulting in Capex and Opex savings.

The digital capabilities and mechanical characteristics of the ATV6000 also ensure improved operator efficiency, fast and easy onsite maintenance operations, easy troubleshooting with dynamic QR codes and comfortable usability with the 10" Magelis HMI. While the ATV6000's modular architecture and easy front access design, provides simple parts replacement, quicker maintenance, and minimized spare part stock references.

* Based on previous data. This is not a guarantee of future performance or performance in a circumstance.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

Media Contact

Company Name: ABC Private Limited

Contact Person: Media Relations

Email: ajaysinghtanwar03@gmail.com

Phone: 8745857610

Country: India

Website: https://www.schneider-electric.co.in/en/

Source: www.abnewswire.com

.

(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (EUR)
Sales 2019 27 180 M
EBIT 2019 4 004 M
Net income 2019 2 495 M
Debt 2019 4 895 M
Yield 2019 3,09%
P/E ratio 2019 18,3x
P/E ratio 2020 15,6x
EV / Sales2019 1,80x
EV / Sales2020 1,71x
Capitalization 44 017 M
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Number of Analysts 19
Average target price 81,44  €
Last Close Price 80,54  €
Spread / Highest target 14,2%
Spread / Average Target 1,11%
Spread / Lowest Target -37,9%
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Jean-Pascal Tricoire Chairman & Chief Executive Officer
Christel Heydemann Executive Vice President-France Operations
Emmanuel Andre Marie Babeau Deputy Chief Executive Officer-Finance & Legal
Hervé Coureil Executive Vice President-Information Systems
Cathy Kopp Independent Director
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