The world is currently transforming fast, as we know. Simultaneously, we are in the midst of a new energy revolution driven by the convergence of digitalisation and electrification at scale, which we at Schneider Electric call ‘Electricity 4.0’.

We also know that the way we use energy today is massively inefficient, with more than half lost or wasted. Furthermore, the way we power much of our industrial activity is fuelled by 20th century technology, with most of our energy demand met by fossil fuels and primarily distributed through outdated infrastructure that is passive and disconnected.

Digital technology such as advanced automation, metering, and monitoring enables us to see how we use our energy, driving efficiency and eliminating waste. Adding smart devices, apps, analytics, and software enables us to deploy energy more efficiently. Digitalisation makes the invisible visible, enabling waste to be identified and therefore opportunity for efficiency gains.

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