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Schneider unveils new tool for process industries

by Slavka Atanasova on Aug 28, 2016

Schneider Electric unveils new product for process industries in the Middle East.
Schneider Electric unveils new product for process industries in the Middle East.

Global automation technology firm, Schneider Electric, has launched new online tool for process industries in the Middle East.

The new Software as a Service (SaaS) platform was designed to help operators collect critical process data in an automated and digitised manner.

Schneider said in a statement: "As enterprises operate in a landscape of resource scarcity and massive energy consumption - oil and gas, as well as other regulated industries are investing in technologies that will make them connected and efficient.

"To answer to this need, Eurotherm Online Services (EOS) has been customised for Industrial Internet of Things (IIoT) platforms, which are being leverage across the globe to optimise manufacturing processes."

2015 research by global consultancy firm, Accenture, titled 'Unleashing the Potential of Connected Products and Services' revealed that some manufacturers have enjoyed savings of around 12% on scheduled repairs, nearly 30% on maintenance costs and almost 70% fewer breakdowns after utilising the industrial internet.

Jean-Pascal Tricoire, chairman & CEO of Schneider Electric, said: “The extensive digitization of industries globally is demanding highly connected solutions that deliver new capabilities to control industrial operations enterprise-wide, from the edge to the core.

"Customers are also demanding a new breed of applications and software that deliver real-time intelligence to the right decision-makers at the right time.

According to Schneider, EOS can benefit any regulated industry that requires periodic testing to prove and maintain industry standards.

There will be continuous development of EOS offerings to add further compliance tests and additional applications for use in regulated industries aerospace, automotive, life sciences, healthcare, and food & beverage, the firm added.

"In time, EOS will be adaptable for a range of devices and operating systems across the world."


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