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New IIoT Solution from Schneider Electric Enables Industry to Control Real-Time Profitability

  • Reference

    Profit_Advisor_launch

  • Type

    Software - Release Notes

  • Languages

    English

  • Date

    06/02/2017

  • Version

    V1.0

Download
  • Reference

    Profit_Advisor_launch

  • Type

    Software - Release Notes

  • Languages

    English

  • Date

    06/02/2017

  • Version

    V1.0

Description:

Schneider Electric, the global specialist in energy management and automation, has introduced new IIoT capabilities that will enable its industrial customers to measure and control the profitability of their operations in real time. Developed through a partnership with Seeq, a leading provider of software and services that enable data-driven decision making, EcoStruxure Profit Advisor uses Big Data analytics to measure the financial performance of an industrial operation in real time, from the equipment asset level of a plant up to the process unit, plant area, plant site and enterprise levels. On-premise or cloud-enabled, it works seamlessly with any process historian to mine both historical and real-time data. It then processes that data through Schneider Electric’s proprietary segment-specific accounting algorithms to determine real-time operational profitability and potential savings.

Files for Download

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Description:

Schneider Electric, the global specialist in energy management and automation, has introduced new IIoT capabilities that will enable its industrial customers to measure and control the profitability of their operations in real time. Developed through a partnership with Seeq, a leading provider of software and services that enable data-driven decision making, EcoStruxure Profit Advisor uses Big Data analytics to measure the financial performance of an industrial operation in real time, from the equipment asset level of a plant up to the process unit, plant area, plant site and enterprise levels. On-premise or cloud-enabled, it works seamlessly with any process historian to mine both historical and real-time data. It then processes that data through Schneider Electric’s proprietary segment-specific accounting algorithms to determine real-time operational profitability and potential savings.

Files for Download

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