Seizing the digital opportunity
An industrial software action planse.comTable of contents
Seizing the digital
opportunity

Information is the
new currency
3

The green future ofindustrial sustainability

Getting smart withadvanced technologies
5

Digital transformationcase studies
18

It’s time foruniversal automation
13

How to pick yoursoftware partners
20

21

17

Life is On | Schneider Electric

Seizing the digital opportunity
An industrial software action plan
Our world is undergoing a digital
metamorphosis. The way we obtain,
produce, and deliver goods andservices is increasingly driven by
information technology. More people areworking remotely. More interactions are
digital. And more routine, repetitive, andhigh-risk operations are automated.
Industrial enterprises are under pressure
to adopt a digital-driven approach fortheir operations and for interacting withmarkets, customers, and the world
around us.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies“There is a heightened need for
manufacturers to achieve what the
MLC now calls ‘digital acumen’ intheir leadership ranks and digital
literacy in their workforces; masteryover the collection, organization, andanalysis of data; and the need tounderstand the potential of advanced
technologies to create new businessmodels.”— Manufacturing Leadership Council

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

At the same time, manufacturing and process industries face accelerating challenges, including
supply chain interruptions, the energy crisis, major business disruptions due to the pandemic,
intensified sustainability concerns, and a rapidly changing workforce.
As modern industrialists, it’s time to make bold moves. Why? Because we will not succeed
simply by making existing processes and equipment more efficient and holding on to outdated
business practices.
Digital transformation is not only about using digital tools to improve the way we currently work.
Digital transformation is about fundamentally changing the way we do business. It impacts
everything across an organization—from its people and culture to its processes and businessmodel. Companies that undergo holistic digital transformations will be well positioned to prosper
among the industries of the future.
According to LNS Research, one-half of industrial enterprises report they have embarked ona digital transformation journey, and these programs are yielding real benefits. LNS found thatleaders in digital transformation are 72% more likely to have grown revenues by more than
10%, and 57% more likely to have reduced Cost of Goods Sold (COGS) by more than 10%
because of these initiatives.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies“Industrial giants rose to dominanceby making high-quality physicalobjects. Lower-cost competition
and increasingly complex
multistakeholder ecosystems mean
this old route to success is no longer
sufficient. To survive, industrial firms
must move faster, deliver new value
to new stakeholders, and respondto the shifting expectations of boththeir customers andtheir customers.”— Forrester

How to pick yoursoftware partners

Life is On | Schneider Electric

Information is the new currency
The primary resource of a modern society is knowledge. Data, whencontextualized and combined with human insight, can be elevated tohighly valuable, actionable information. Information is now the currencyof global enterprises.
Industry 4.0 promises to transform industrial operations by leveraging themassive amount of data generated in an industrial environment with theindustrial internet of things (IIoT). But data in its raw form is not intrinsicallyuseful. It is only when data is shown in both historical and structural contexts
that it turns into advantageous information. And when processed into
actionable insights and placed in the hands of decision makers,
it can spark true insight to improve how industries work.
In this era of remote everything, we have seen multiple years’ worth ofdigital transformation compressed into a few months. McKinsey & Company
estimates that the pandemic has expedited the adoption of digital technologies
by several decades.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider ElectricBusinesses established in the digital age, often referred to as “born-digital”—like Airbnb, Netflix,and Wecash—have proven that not only does digital create more profitable customer relationships
but it also knocks out analog competition. They understand that today’s now economy (“I want itnow”) places high value on convenience and customer experience.
Digital transformation, deployed through software applications powered by artificial intelligence(AI), are already driving dramatic gains in customer engagement, productivity, sustainability,
and cost savings in asset-intensive industries such as manufacturing, utilities, and logistics.

"Organizations that share data,applications, and operations
with their industry ecosystem
will realize a revenue increase
three percentage points higher
than nonparticipants."
IDC

TIP: Software makes the invisible visible. One of the most critical factors that manufacturers
need to consider when it comes to competitive success is how fluidly they react to—and evenanticipate—dynamic market conditions. The increasing power of industrial software allows
us to quickly align products and business practices to ever-changing customer andecosystem requirements.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Empowering the digital workforce
Are data analysts and scientists the new Six Sigma Black Belts?
Despite the potential of digital tools to improve productivity and efficiency,
there are still some key challenges that manufacturers need to consider whenit comes to adopting new technology. One of these is the relationship between
machines and humans.
Digital transformation is more about people than technology. Technology andsoftware exist to augment and enhance human capabilities and safety. They
fundamentally improve the way we work and the kind of work we do.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

As the next-generation workforce brings with it an engrained digital skillset, proprietary
expertise is gradually being replaced by open software, artificial intelligence, and autonomous
systems that learn and improve over time. The next wave of the workforce will be data engineers
responsible for generating positive business outcomes and performance by controlling processes
with digital tools. They will also help identify or invent potential new technologies to improve
efficiency and create new business opportunities. This kind of industrial ecosystem, with data
sharing at its core, is the foundation of the connected industrial economy, and it’s starting totransform how industries work.
Today’s digital natives bring the technical and advanced skills needed to work seamlessly inconnected teams using shared data. And they expect automated processes, workflows, anddigital tools. Soon, everyone from the top floor to the shop floor will have the necessary digitalfluency to make informed decisions and improve company performance.

TIP: Industrial automation and software exist to augment and enhance human capabilities and safety.
Advanced technologies like augmented reality, virtual reality, or mixed realities allow users to “see” theinformation needed to optimize the operation and maintenance of a plant—easily and safely.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

A healthy digital backbone
In the automation world, information technology(IT), operational technology (OT), andengineering technology (ET) are converging.
Soon, almost everything will be connected,
enabled by 5G, IIoT, and the cloud. As thenumber of data points continues to balloon,
additional inputs can be fed into high quality
analytics to generate even more precise
predictions for engineering, operational,
maintenance, and strategic planning.
Modern industrial software gives us
access to data from all along the lifecycle,
across domains, and even from externalsources. This broader, deeper data canbe aggregated, consolidated, and fed into
analytic applications to provide teams withmore complete, accurate, and insightful
information so that they can make quicker,

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

data-driven decisions across the full value
chain, including procurement, planning,scheduling, production, and distribution.
A company’s digital backbone establishes
data integrity, continuity, and consistency
across the full lifecycle and provides a single
source of truth—the lifeline for accelerating
outcome-driven ways to capture IIoT
business value.
“… end users are moving into theera of the digital enterprise where
all product design, manufacturing
processes, services and support, andcustomer experiences are connectedby a digital thread that merges thevirtual and physical worlds.”— ARC

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Digital backbone

Reliable data is the basis of an organization’s ability
to deliver high-quality business outcomes. Since data
comes from disparate parts of an organization (e.g.,lines of business, customer service, and production
assets), clear data governance is necessary to create
vibrant, validated, and always reliable analytics.

Data ownership
Data synchronization
Data provenanceand quality

Data preparation
Data security"By 2026, on average, 30% of Global 2000
company revenue will derive from industry
ecosystem shared data, applications, andoperations initiatives with partners, industry
entities, and business networks."

Data sharing

IDC

Data governance,monetization

So, how do we bring all this data together? Whereas
legacy operations have traditionally used data insilos, federated data creates an integrated data
thread across all program areas, enabling individual
departments, groups, or partners to maintain diversity
and uniqueness while also providing interoperability
across domains.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

Digital products
and certifications

Data interoperability

Data continuity

TIP: Establishing data continuity, quality, and provenance; validating data reliability; andadopting a secure data management approach for your digital backbone are essential
elements for tracking and explaining data. The goal is to know what, when, and why
something happens in both real time and future states at any given moment.

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Flexible, scalable cloud and SaaS
Traditional OT software is run locally on premises,with limited opportunity for collaboration in a sharedenvironment. This makes it costly and difficult toscale as demand grows or shrinks.
Many industrial companies have started to leverage
the power and scale of the cloud to unlock the nextlevel of efficiency, collaboration, and growth fortheir businesses. A simple first step is to augment
existing on-premises systems with cloud solutions
to unlock additional business value through cloudbased analytics and data sharing.
Industrial cloud platforms are purpose built forindustrial use. By removing organizational silos
and replacing them with a shared environment for
real-time collaboration and transparent information,industrial cloud platforms create unmatched levelsof workforce and operational efficiency.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

Using an industrial cloud platform also provides
a central location to access software-as-aservice (SaaS). Sometimes called “software on
demand,” SaaS is quickly becoming the licensing
and delivery method of choice around the world.
SaaS applications are delivered over the internet
via a highly cost-effective subscription model thatprovides easy and fast updates, scaling as needed,high availability and accessibility, and advanced
security. By moving to SaaS, time to value is almost
immediate. Companies make a much smaller initialoutlay and can immediately access the benefits.
TIP: Perpetual license software often requires a
big investment up front and additional budget for
maintenance and upgrades. The costs of pay-asyou-go SaaS models are flexible and predictableand provide faster returns on investment.

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Software storage
and access
On-premises software is
installed on a company’s
in-house privately-owned
computers and servers.
Cloud software is hosted
on a vendor’s servers andaccessed via a web browser.
Software can also be stored
in a hybrid cloud, which
may include a combinationof public and private
clouds, and a mix of
in-house resources andcloud services.

Life is On | Schneider Electric

Cybersecurity is everyone’s business
Most companies have business continuity plansin place to help them prepare for and overcome
a crisis. But with nearly 40 billion devices online
globally, almost everyone and everything isconnected. Not making cybersecurity a critical,
integral part of business planning jeopardizes acompany’s ability to respond to rapidly changing
business dynamics.
This is particularly true when a global crisis wreaks
havoc on communities, supply chains, and entire
industries and economies. Cybercriminals arequick to take advantage of global events, exploiting
vulnerabilities and gaps wherever they can be foundand leaving companies exposed.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Our new digital ecosystem empowers us to be more productive andefficient. However, that ecosystem is only effective if we have trust in it.
But where to begin?

The goal is a holistic, dynamic program that will continually identify,
assess, and minimize your risks and threats. Then you will have thepeople, processes, and technology in place to reduce the potential
impact that a cyber incident could have on your business performance.

The first step is to ensure cybersecurity is at the foundation of youroverall risk management and risk assessment strategies and matrix.
By understanding your risk threshold, you can develop a holistic
strategy that addresses the dynamics of your unique environment.
Security is everyone’s business, but some companies find they simply
do not yet have either the expertise or the resources to fully take oncybersecurity by themselves. Because the stakes are so high, it isbest to find a partner who has the expertise to help you design andimplement a program that works for you. In most cases, you will needmonitoring, maintenance, and training services. In addition, you’ll needtechnical expertise to help integrate your existing technology, especially
if it is from multiple vendors.

TIP: Cybersecurity risks related to systemic events are dynamic; theychange every day. Therefore, the best approach to reducing and eveneliminating current and future risks is to establish a strong cybersecurity
foundation that includes your people, processes, and technology.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Getting smart withadvanced technologies
The power of artificial intelligence
Influential organizations worldwide have adopted
artificial intelligence (AI) and automation to not
only improve their processes and products but
also to strengthen their competitive positions.
Industrial AI technologies mitigate businessand operational risk, improve workforce safety
and efficiency, and reduce energy consumption
and waste—resulting in a more reliable andsustainable enterprise.

“State-of-the-art artificial intelligence
technologies improve industrial
processes, proactively detect andsolve problems, and provide guidance
for risk-based decisions, resulting insignificant cost savings and improved
competitiveness for the enterprise.
Artificial intelligence is disrupting industrial
markets and forcing enterprises toreevaluate how typical work is performed,
including:••••Workforce training
Process engineering
Maintenance and repair
Operations forecasting and scheduling”— AVEVA

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Better decisions with prescriptive analytics

Prescriptive maintenance, the most advanced form of maintenance,
uses machine learning and artificial intelligence to both predict whether
something is going to go wrong in the future and provide the intelligenceneeded to avert failure. This helps asset-intensive organizations reduce
equipment downtime, increase reliability, improve performance, andenhance safety, while also reducing operational and maintenanceexpenditures.

Predictive and prescriptive analytics help us get more out of ourfactories and processes. Predictive analytics forecast what will
happen in the future based on historical data and statistical modeling.
Prescriptive analytics also predict future states and then prescribe theoptimal course of action needed to generate a desired outcome.
Plant maintenance has traditionally been based on current
circumstances. When something breaks, it gets fixed. Maintenancecan also be time-based for regular upkeep, or condition-based where
personnel react to an alert. More advanced predictive maintenancesolutions provide early warning notifications and diagnosis of equipment
issues days, weeks, or even months before failure.

TIP: State-of-the-art artificial intelligence technologies improve industrial
processes, proactively detect and solve problems, and provide
guidance for critical decisions, resulting in significant cost savings,
reduced risk, and improved competitiveness for the enterprise.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Meet your digital twin
A digital twin is the virtual representation of the key attributes of aphysical asset, plant, or process that can be tracked and updated along
its lifecycle. It is a dynamic data-supported framework used to achieve
design, operational, and business efficiencies.
“A generally understood definition of the digital twin is that it comprises
a virtual representation that serves as the real-time digital counterpartof a physical object or process. … The concept of the digital twin now
permeates most of our daily lives in the form of digital maps on oursmartphones, allowing us to navigate our way across the planet withrelative ease.”— AVEVA

Photo courtesy of Hubei Sanning Chemical Industry Co., Ltd.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider ElectricIndustrial operators and machine builders
are already using digital twins to virtually test
and validate processes and assets before
they even exist in the physical world. It is fareasier to verify the performance of designs
in the digital world to make sure they work as
intended before implementation onsite. This
makes continuous improvement activities far
more efficient and effective.

Synchronization between the physicalproduct and its digital representation is
crucial to the success of a digital twin.
Built on reliable, continuous data, a digitaltwin makes design, commissioning, andimplementation easier while improving
productivity and operations across thedigital value chain, including the customer
service experience.

Digital twins also help keep people safe (e.g.,
virtual training of dangerous scenarios with nophysical risk) and enable companies to tap
into top talent through more work flexibility.

TIP: A successful digital twin strategy
depends on an organizational culture andoperating model that can align processes
and workflows with digital fluency acrosslines of business and technologies.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

By 2025, 80% of industry ecosystem
participants will leverage their own product,
asset, and process digital twins to sharedata and insight with other participants.
IDC

How to pick yoursoftware partners

Life is On | Schneider Electric

It’s time for universal automation
Until now, the industrial world
has worked with closed
proprietary architecturesand hardware-dependent
applications. Yet, in a softwaredriven world, interoperability
is essential.
Portability is already a standard
in most other market sectors. For
example, mobile applications
are developed to run acrossdifferent smartphone vendors,
enabling rapid advances
through collective innovation.
Now it’s industry’s turn to release
the constraints of closed,
proprietary systems. It’s time foruniversal automation.

Universal automation is
the world of plug-andproduce automation software
components enabled by theIEC 61499 standard. Think of it
as an app store for automation.
Working to common, open
standards is vital to ensuringmultivendor interoperability
and seamless interfaces —from supply chain throughmanufacturing and to theend customer.
UniversalAutomation.org is
an independent, not-for-profit
association that manages areference implementation ofa shared source IEC 61499

standard-based runtime for
automation. For the first time,
vendors, end users, OEMs,and academics from acrossindustry are sharing a common
automation software layer acrosstheir automation technology—
regardless of brand.
“This technological collaboration
is driving the developmentof an ecosystem of portable,interoperable, universal
automation solutions.
UniversalAutomation.Org is
open to any new member
willing to change the gameof automation.”

TIP: Universal automation
enables businesses, no longer
constrained by a single-vendor
automation model, to optimize
cost/performance by integrating
heterogeneous components
into flexible, agile operationalmodels that deliver step-change
improvements we could only
dream of a decade ago.

— UniversalAutomation.org

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

The green future ofindustrial sustainability
Achieving sustainable operations is one of themost important challenges that manufacturing andprocess industries have ever faced.
As modern industrialists, we are experiencing
mounting pressure from governments, society, andinvestors to demonstrate sustainability practices.
Today’s buyers demand eco-efficient brands,
green products, responsibly sourced materials, andsustainability-focused solutions and services.

generates 3-10% of total greenhouse gases. Energy
intensive industries, especially, can no longer
remain indifferent when it comes to embracing
global sustainability efforts, nor can they afford theoperational cost of energy waste.
At the same time, many of the most energy intensive
industries produce the essential building blocks
of society and the key components of ourmodern world.

Traditionally, industrial operators have been blamedfor climate change, resource scarcity, and harm to
the environment and the society around them —and with good reason.

That means that industry is poised to have thegreatest impact on solving sustainability problems.
And we already have what it takes.

Today, industry contributes 32% of the world’s
CO2 emissions and more than 73% of greenhousegases come from energy use. The water sector
alone consumes 7% of the world’s energy and“Industrial digitization supports corporate sustainability,
promotes decarbonization and circularity, reducesmaterial waste, prolongs equipment lifetime, andenables better emissions monitoring.”

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies— Bloomberg

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

By embracing innovative technologies alongsideachievable sustainability goals, companies can easily
accommodate business and market needs while also
reducing their climate change impact, conserving
energy and resources, and safeguarding people andthe natural environment.
Reducing energy consumption is a critical stepin increasing sustainability and business stability.
Ideally, a process uses as little energy as possible.
Simulation software helps optimize the process byimproving the visibility and management of power,
fuel, water, raw materials, and equipment utilization.
TIP: A more sustainable world is a more digitaland electric world. Software can drive safety,
lower operating costs, and improve an industrial
enterprise’s sustainability outlook.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Digital transformation case studies
At Schneider Electric, we are accelerating
digital transformation with our industrial
focused software offers called EcoStruxure
Advisors. Our strong agnostic software
portfolio and partnerships with world-leading
independent software companies, including
our strategic partner AVEVA, empower users
with a seamless and collaborative dataflow
across an entire lifecycle—from design andbuild to operate and maintain.

• Covestro• Enel• Granado Pharmacia• Kunming CGE Water Supply• Livetech• Mataura Valley Milk
• Nestle Waters• Sanning Chemical• Shell• Sophim

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

How to pick your software partners
Whether you are the CEO, CTO, or a project owner,
a lot is at stake when selecting software partners.
Implementing the wrong software, or even deploying
good software the wrong way, can set your business
up for failure before you even get started.
Choose your digital partners carefully.

“In the industrial sector, where software
frequently requires deep domain expertise,the quality of the support users get when
acquiring subscription software candramatically impact the outcomes they getfrom the software.”— ARC

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Not all software is created equal and not all software providers have deep domain expertise in industrial
operations. When selecting a software partner, ask about: Trusted and proven domain knowledge in your specific industry
 Flexible and scalable software-as-a-service (SaaS) solutions
 Seamless dataflow across the entire lifecycle—from design and build to operate and maintain Federated data that enables you to unlock the power of the connected industrial economy
 Integrated and intuitive user experience across systems
 Fully combined artificial intelligence and digital twin capabilities Extended reality (virtual, augmented, and mixed reality) and data visualization
 Smart analytics onsite, in the cloud, and remote Ecosystem of collaboration partners
 World-class industrial services

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Shaping your future
Industries of the future will be highly agile and flexible operations
powered by data-driven insights. The complete value chain will be
digitally connected with a seamless experience—from e-commerce
front ends to inventory tools, plant floor systems, digital supply chains,and partner company systems.
Current notions of cost point, time to implementation, efficiency, andsustainability will be completely transformed.
The technical evolution for industry will accelerate and the next
evolution, Industry 5.0, will be about the way we live with ourenvironment. It’s going to be about machine to machine, people tomachines, and people and machines to the environment.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider ElectricWill your industrial business be part of theeco-efficient, agile, and resilient industriesof the future?

“Future factories will be high-tech, softwaredriven engines of customized mass
production. They will be more automated,
more connected, and integrated, and more
information-intensive than ever before. They
will be organized for greater speed, flexibility,
productivity, and efficiency. The people whowork in them will have advanced skills andtechnical competency with the ability to workcross-functionally across the connected
enterprise.”

As a world leading impact company and a global
manufacturer with an end-to-end network of smart
factories and smart distribution centers, including
five designated by the World Economic Forum as
Advanced Lighthouses and two as Sustainability
Lighthouses, Schneider Electric is on a mission to
make industries of the future eco-efficient, agile, andresilient through open, software-centric industrial
automation.

— Manufacturing Leadership Council

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Glossary
Artificial intelligence (AI): A branch of computer science that uses computer systems or machines that mimic human intelligence to perform tasks
and then progressively improve based on knowledge gained over time.
Augmented reality (AR): Technology used to create an enhanced version of reality to overlay digital information on an image of something being
viewed through a device.
Born-digital company: An organization founded after 1995, whose operating models and capabilities are based on the internet and digitaltechnologies.
Circularity: An economic model where systems, procedures, facilities, and practices are created and managed to continue indefinitely, without
exhausting natural resources.
Cybersecurity: Measures taken to protect computer systems against unauthorized access or harm.
Data engineer: A person responsible for designing and building data pipelines and systems to aggregate and integrate information from different
sources at scale to enable data-driven decision making.
Decarbonization: The removal of carbon and carbon dioxide (CO₂) emissions from production through a process or technology.
Digital backbone: An enterprise-wide architecture that manages the storage, aggregation, analysis, and provision of data across an organization.
Digital native: A person who grew up in the era of information technology; includes Generation X, Millennials, Generation Z, and Generation Alpha.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Digital transformation: Integrating digital technologies and solutions into all areas of a business to improve efficiency, value, agility, sustainability,
innovation, and competitiveness.
Digital twin: A virtual representation of real-world objects and systems created from real-time data, simulation, and artificial intelligence.
Eco-efficient: Optimizing the efficiency of an operation for sustainability by reducing resource use and environmental impact.
E-commerce: Buying and selling goods and services via the internet.
Engineering technology (ET): The tools and technologies used by engineers to provide scientific and mathematical knowledge and best practices inthe design of new products, processes, and solutions.
Federated data: Data stored in a heterogeneous set of autonomous data repositories that is made accessible to others as one integrated data store
with on-demand data integration.
Industrial cloud platform: Enables on-demand delivery of computing services over the internet (“the cloud”). Industrial cloud platforms are heavily
customized to fit a specific industry to accommodate the business, operational, legal, regulatory, and security needs of a business.
Industrial internet of things (IIoT): The use of internet of things technology (connected machines, devices, and sensors) in industrial applications.
Industry 4.0: The fourth industrial revolution, which is associated with the rise of automated systems and data exchange technology withinmanufacturing industries.
Industry 5.0: The fifth industrial revolution, which is associated with the expansion of technology to augment and enhance human capabilities andsafety in the next-generation workforce.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Information technology (IT): The technology involving the development, maintenance, and use of computer systems, software, and networks for theprocessing and distribution of data.
Mixed realities: A technology that closely blends physical reality and the digital world.
Operational technology (OT): Programmable systems or devices that interact with the physical environment to monitor and control industrial
equipment, assets, processes, and events.
Predictive analytics: Using artificial intelligence, data, and advanced analytics to forecast future scenarios.
Prescriptive analytics: Using artificial intelligence, data, and advanced analytics to determine the best course of action and provide
recommendations to achieve a desired outcome.
Risk threshold: The risk-bearing capacity of an individual or organization.
Risk assessment: The process of analyzing potential events that may result in loss.
Risk management: The process of identifying, assessing, and controlling threats to an organization’s capital and earnings.
Single source of truth: Data warehousing with either a single centralized database or distributed synchronized databases, which stores all of anorganization’s data in a consistent and non-redundant form.
Six Sigma: A data-driven methodology using statistical analysis to reduce errors or defects in products and processes. Six Sigma quality means 3.4
defects or less per million opportunities. Six Sigma views all work as processes that can be defined, measured, analyzed, improved, and controlled.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

Life is On | Schneider Electric

Software-as-a-service (SaaS): Applications delivered over the internet via a subscription model to provide easy and fast updates, scaling, andconsistent costs.
Time to value: Measurement of the time it takes from purchasing a product/service to begin realizing benefits and start deriving value.
Universal automation: The world of plug-and-produce automation software components, based on the IEC 61499 standard, that solves specificproblems in a proven way - think of an “app store” for industry.
Virtual reality (VR): An artificial environment that is experienced through sensory stimuli (e.g., sight and sound) provided by a computer, where theuser’s actions partially determine what happens in the environment.

Seizing the digital
opportunity

Information is the
new currency

Getting smart
with advanced
technologies

It’s time foruniversal
automation

The green futureof industrial
sustainability

Digitaltransformationcase studies

How to pick yoursoftware partners

To learn more information about the
Schneider Electric visit

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