The 7th World Conference on Artificial Intelligence (WAIC 2024) opened in Shanghai today, and Schneider Electric made its debut at the conference under the theme of “Double Progress, New Intelligence”. As a global industrial technology leader, based on the integration of electrification, automation and digitalization, Schneider Electric focuses on the application of a new generation of artificial intelligence (AI) in the industry field, gives full play to the twin engine advantages of “technological innovation” and “ecological innovation”, and helps Chinese industries promote the “double transformation” of digitalization and green.

CS513 3BSE000435R1 Schneider Electric at the 7th World Conference on Artificial Intelligence

On the day of the conference, Peter Weckesser, global executive vice president and chief Digital officer of Schneider Electric, delivered a keynote speech on the topic of “Large-scale Application of artificial Intelligence to Promote Efficient and Sustainable Development” at the Industrial Development Forum. “Global industries are racing to accelerate digital transformation, with the number of IoT devices growing six-fold in a decade and generative AI gaining over 100 million users in just two months,” he said. Schneider Electric believes that the era of large-scale application of AI technology has arrived, which will help the industry reduce cost and increase efficiency, and promote the green development of society. The ultimate goal of technology is to empower people, and Schneider Electric is committed to continuously strengthening R&D innovation, deepening ecological collaboration, and empowering more Chinese enterprises to embrace AI technology and jointly promote efficiency and sustainability.”

Peter Weckesser, Global Executive Vice President, Chief Digital Officer, Schneider Electric

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The realization of AI value depends on scenario application and large-scale deployment

The value of AI technology lies in the application of scenarios. Peter Weikaizhe pointed out that there are a large number of professional scenes in the real economy, and the general model is often difficult to meet the needs, so AI technology must be deeply combined with the industry scene to form a professional solution and effectively create value for the industry. For example, in the industrial field, Schneider Electric uses AI algorithms to develop intelligent control strategies for Budweiser beer production lines, optimize the amount of material added, and optimize the overall quality, cost, and efficiency, and the efficiency of related processes can be increased by 15%. In the data center, based on AI algorithm and machine learning, Schneider Electric helped Bank of Dalian optimize the terminal precision air conditioning in the computer room, and carried out global optimization of the cold station system control, achieving a direct power saving of 31% at the end, and an estimated 20% increase in the cooling efficiency of the cold station.

CS513 3BSE000435R1 The large-scale application of AI technology can simultaneously promote efficiency and sustainability. Based on the widely deployed digital systems, the large-scale application of AI technology in various industries such as power generation, power grid, energy storage, smart industry, smart buildings, data centers, and smart homes can accelerate the synchronous transformation of both sides of energy supply and demand, help the development of new energy and grid connection, and improve the efficiency and energy efficiency of all walks of life while promoting the transformation of the energy system. Reduce the overall carbon emissions of the industrial chain to create a smarter, more efficient and greener future.

At the conference, Schneider Electric Business Value Institute released the value proposition of “AI for GREEN”. It proposes that the application of AI technology can achieve “business value Growth, Reliability and resilience, Efficiency and satisfaction, sustainable development (Environment), and innovative business models (New Horizon).” Schneider Electric’s AVEVA software will also release the Industrial Intelligence Index Report to help the industry move towards sustainable development.