SCHNEIDER ELECTRIC
SCHNEIDER ELECTRIC JOINS FORCES WITH MAXGRIP TO IMPROVE ASSET PERFORMANCE FOR CUSTOMERS
Schneider Electric , the leader in the digital transformation of energy management and automation , today announced a partnership with MaxGrip , the Asset Performance Management consulting company , to drive forward its industrial Asset Management portfolio and deliver additional value to customers .
Maintenance related issues like unplanned downtime , product losses and energy inefficiency cost major industrial companies at least $ 864 billion annually , or $ 532,000 each hour .
Simultaneously , 63 % of maintenance efforts are unnecessary and could be avoided . With the typical asset lifespan in heavy industries being 30 to 40 years , and an increasing focus on ESG , there is an increasing pressure to improve asset management strategies .
These play a foundational role in companies to embrace digitalizing asset management and improving Overall Equipment Effectiveness ( OEE ) and reducing Total Cost of Ownership ( TCO ).
Leveraging MaxGrip ’ s Asset Improvement Program ( AIP ), Schneider Electric will further support customers in their digital transformation journey by providing a comprehensive asset lifecycle management program .
The program aims to break down internal silos , offering detailed analysis of asset reliability and performance improvement opportunities and identifying conditions for the successful adoption of ( new ) technologies at the customer and accelerating deployment through extensive asset libraries and hands-on experience .
“ This partnership represents another important milestone in our mission to drive digital transformation across all industrial sectors ,” said Anthony Loy , Vice President , Industrial Digital Transformation Consulting , Schneider Electric .
“ By combining Schneider Electric digital transformation consulting services with MaxGrip ’ s renowned APM expertise , we ’ re ideally positioned globally , to provide greater and more specialized value to our clients .”
“ We are excited to build on our long-lasting relationship with Schneider Electric to help address one of most the complex challenges faced by industries today , said Mark Mulder , CEO at MaxGrip .
“ Together , we will deliver innovative solutions that ensure lasting asset performance improvements , demonstrated with operational success .”
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54 AUTOMATION , CONTROL & ENGINEERING