By Amy Pearson
June 1, 2023
When talking about the best electric companies in the world, Schneider Electric has to be worth more than a brief mention. This global giant employs more than 150,000 people all working towards energy efficiency and sustainability for the future. While at the same time creating and producing energy solutions that work right now.
There is certainly more than meets the eye when it comes to this industry leader. Read on to learn more about Schneider Electric and what they are working to do today…
Schneider Electric is a leading global energy and automation company with two clear goals. Ensuring that each and every person has access to the energy they need, and making sure that the energy they use is sustainable and will last and last.
They devise and implement integrated solutions for homes, businesses, infrastructures and industries all over the world. With a focus on automation and efficiency, Schneider Electric work in energy management to save real people real money and protect the planet at the same time.
On the ground level, they create each and every component necessary for electrical systems. They then combine these components with their knowledge, skills and technology to try and achieve their main aims.
At Schneider Electric, they believe that energy is a basic human right. That means that it is not simply an option to supply the products and electricity that people require, it is a necessity and almost a calling for the company.
Schneider Electric creates everything from the technology to the products, the software to the hardware, and then they get it out to their customers. Schneider Electric distributors like SQD Groups ensure that each component is available to consumers as and when they need it, all around the world.
An open community of like-minded people working together across the world can achieve pretty much anything. At Schneider Electric they are empowering these people both literally and figuratively to focus on their values of increasing access to energy and using it in the right ways.
The other main focus for Schneider Electric is on sustainability, energy efficiency and creating better energy solutions for homes and businesses across the world. They know that we are the last generation that can make these changes before it is too late for them to have an impact.
Using its automation and digitisation techniques, as well as free-flowing ideas and collaborations, the company is striving to create new possibilities and solutions for the world. Schneider Electric believes that we can all progress in a way that doesn’t harm the planet. And they are committed to seeing it done in this lifetime.
Their main ethos is making sure that Life Is On. This perfectly sums up both their need to connect people with energy, and to make sure that the energy used isn’t going to run out or negatively impact the planet. Both of these goals show the kind of company that Schneider Electric is, and what sort of work they are doing for the good of mankind and the planet as a whole.
Now we know what it is that Schneider Electric does and aims to do, it is time to take a look at what they are and where they came from. The company was originally started in Le Creusot, France, in 1836. Two brothers began the original business, then named Schneider-Creusot, and it grew and grew from there.
The company went through several changes and upgrades over the following century and a half before becoming the company as we know it, Schneider Electric, in 1999. Seven years later, it took over the massive data centre American Power Conversion which made it a much bigger competitor in the US market.
It is understandable that many people are confused about where Schneider Electric is based. It expanded into Germany and many countries in Europe from 1919 onwards and has since made many deals, absorbed other companies, and made many changes in itself. Today Schneider Electric is truly a global company, from its humble origins in France through to the multi-national behemoth it is today.
Most people are familiar with the term ‘Fortune 500 company’, using it to describe the biggest businesses in the world. But some may not realise it is actually a physical list, compiled and published by Fortune Magazine each year. Some companies may make it one year, and then they are nowhere to be seen the year after.
Schneider Electric did indeed make this list last year and is a long-time member of the Fortune 500 club. It is also a component of the Euro Stoxx 50 stock market index. Being a Fortune 500 company comes with certain kudos and a particular reputation. You are known not only to be a massive success but also of a certain standard and quality.
Schneider Electric deserves all this recognition and more. As a business, they make tens of billions of revenue each year, but they create so much more than that. The true value of Schneider Electric is in all the work they do as an industry leader. They strive to deliver energy in a more efficient and sustainability to each and every person on the planet. Truly a goal worth working towards.
As you can see, Schneider Electric is certainly a company worth taking a closer look at. From its origins in France to its place on the Fortune 500 list, Schneider Electric has certainly come a long way. And it only looks set to go further in the future.
Schneider Electric creates all of the software and hardware needed to keep the lights on. They work to modernise and automate systems at every level from households to nations. And they do it all while envisioning and actively working towards a brighter and more sustainable future, today.