Schneider Electric said it has launched Eco Struxure Power & Process (EP&P) to drive efficiency and augment profitability in India’s rapidly evolving oil & gas sectors.
The company has partnered with Microsoft to create commercial internet of things (IoT) solutions in the areas of energy management and automation.
Schneider Electric, through this platform, aims to address the challenges of market volatility in the oil and gas sector, while reducing CapEx and OpEx by 20-30 percent.
According to Anil Chaudhry, Managing Director, Schneider Electric India, when power and process management systems operate as separate silos, industrial organisations soon find themselves at a competitive disadvantage.
“Using Schneider’s EcoStruxure can result in better returns on capital employed, with a 20 percent reduction in CapEx, a 15 percent reduction in downtime, and 3 percent growth in profitability.”
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