At present, artificial intelligence (AI) is shifting from technology orientation to value orientation, triggering a dual explosion of market size and business value. Schneider Electric, a global leader in industrial technology, officially released its AI value proposition – AI for GREEN – at the 2024 World Conference on Artificial Intelligence (WAIC 2024), clearly outlining the comprehensive value system of AI in the business field, and exploring the path of AI enabling industrial innovation and upgrading.

Zhang Kaipeng, Senior Vice President of Schneider Electric, Head of Global Supply Chain China; Zhu Wenqin, Senior Vice President of Schneider Electric, Head of Critical Power Business China; Zhang Lei, Vice President of Schneider Electric, Head of Digital Innovation Business China; Zhang Lei, Vice President of Schneider Electric, Head of Marketing for China and East Asia; Guyue, co-director of the Institute of Business Value, and other guests attended the conference.

KSD1-32-E93DA113I4B531 Schneider Electric releases AI for GREEN Value Proposition

The rapid development of AI technology is reshaping thousands of industries. Zhang Lei believes that the application of AI in the industry is changing from “+AI” to “AI+”, and AI is the driving force, driving the synchronous evolution of existing technology and AI. How to create unique core advantages through AI and generate actual business value has become the focus of enterprises.

The Schneider Electric Institute for Business Value believes that the expectations of enterprises for the value of AI are changing from a single to a three-dimensional, forming three significant trends: first, from only focusing on the commercial benefits of AI, expanding to pay more and more attention to social and environmental value; Second, the value orientation is from macro decisions to micro individuals, focusing more on how AI affects and optimizes the experience of each user. Third, from the pursuit of AI to bring short-term rapid growth, to pay more attention to long-term value leapfrog, Zhu Wenqin said that taking data centers as an example, AI has a deep impact on the construction and development of data centers, and the future data center needs to have a more ambitious vision and a more comprehensive value consideration, sustainable, efficient, resilient and adaptive become the key to future development.

Based on this, Schneider Electric Business Value Institute puts forward AI value proposition – AI for GREEN, believing that enterprises can realize five major values through the application of AI technology: “G” stands for business value Growth, AI technology promotes the rapid growth of business value, creating unprecedented opportunities and returns for enterprises; “R” stands for Reliability and resilience. AI technology improves the reliability and resilience of industrial manufacturing and energy management, and takes stable automation to a new height. “E” stands for Efficiency, AI condenses industry experience, operational excellence, and brings unprecedented efficiency and satisfaction; “E” stands for Sustainable development (Environment), AI technology improves the efficiency of energy and resource use, reduces waste and emissions, and helps enterprises achieve sustainable development; “N” stands for “New Horizon”, AI can not only simplify the existing product development process, but also subvert the traditional business model and create a new way of business operation.

KSD1-32-E93DA113I4B531 AI can only really play multiple values with the blessing of the “scene”, Zhang Kaipeng believes that the application scenario of AI is more and more common, and it runs through research and development design, production and manufacturing to operation and maintenance management and other links, which is a very key part of the factory from digitalization to intelligent upgrading. The Schneider Electric Institute for Business Value is about to release an AI insight report, focusing on the development trends and innovative applications of AI in the industrial and energy sectors. Guyue said: “With the deepening integration of AI and industry, scene applications are constantly enriched, and the comprehensive value brought to enterprises will grow significantly.” Schneider Electric will pay close attention to AI trends and combine business practices to provide practical and innovative solutions that enable the industry to grow efficiently and sustainably.”