Resilient digital transformation the way forward at Schneider Electric.
M2 PRESSWIRE-June 1, 2020-: Resilient digital transformation the way forward at Schneider Electric
(C)1994-2020 M2 COMMUNICATIONS
RDATE:30052020
Schneider Electric held the Innovation Day: Resilient Digital Transformation today. Opening the conference, Pankaj Sharma, EVP, Secure Power Division, Schneider Electric, said the IT and OT convergence is happening all around us. Data centers are enabling the all-digital world through a centralised, regional edge, and local edge hybrid architecture.
Our goal in this era of digitalization is to make the data centers as sustainable and carbon friendly as possible. We need a broad portfolio of connected offers. We can integrate solutions, as well as integrated software and digital services. These three ingredients would help in the long run.
In the context of data centers, there are three factors - building, power, and IT. The future is in automating power. We are having the Schneider EcoStruxure data center that connects the end point to the cloud to maximize the value of data for greater efficiency. We are one of the few companies that take a lifecycle approach. Most of the companies are managed site by site. Data centers enable the integrated company management. Data centers and IT are fundamental to enable the energy and digital transformation.
Challenge of AI and exaptation
Dr. Omar Hatamleh, Technology Integration Manager, NASA, talked about the future of innovation and strategic transformation. According to him, the expected robotics market will be worth about $70 billion by 2025.
The key challenge is artificial intelligence. It is applicable for manual labour and intellectual jobs. We now have algorithms, computing and big data. We also combine technologies. Real world examples include AI, VR, IoT, 5G and robotics. We can create an avatar for the people. You can, perhaps, imagine the capabilities in collective learning.
The global population will be about 9.7 billion by 2050. There is disruption in biotech, AI, etc. We need to bridge the gap between the academia and the industry. The lines are blurring between the industries. Technologies can have vast implications across legal, finance, medicine, etc. Even 3D printers are finding use everywhere.
When strategizing about the future markets, it is important to keep these in mind. Small start-ups can disrupt big businesses and create new markets. There needs to be an incremental approach towards technology. Diversity drives the innovation and provides a competitive advantage. Eg., Amazon has diversified.
Exaptation is a biological term adopted in...
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