Symboticware, Schneider Electric Sign Partnership to Deliver Fully Integrated Solution
Leading Industrial IoT/AI company, Symboticware, today announced that they’ve signed a partnership agreement with Schneider Electric, global leader for data consolidation and analytics for mobile and fixed assets, as well as professional services including consultancy, systems integration, deployment, maintenance and managed services for resource productivity and safety.
The natural resource industry has been historically struggling with the implementation of effective predictive AI solutions. Together, Symboticware and Schneider Electric aim to address this problem by offering an integrated solution that combines Symboticware’s patented technologies, hardware solutions, and Operating System of Intelligence with Schneider Electric’s world-leading advanced analytics solutions and services.
The partnership and resultant integrated solution will improve machine and operator productivity, and enhance safety for the off-highway vehicles across natural resource industries with asset performance management and advanced analytics.
“Our partnership with Schneider Electric will prove to be transformational for the resource industries. Our product and service offerings complement really well and this partnership is timely as we set out to transform the four million off-highway assets in the resource industries with our Operating System of Intelligence,” said Ash Agarwal, CEO of Symboticware. “Schneider Electric is a recognized leader in the industry for their advanced analytics and Asset Performance Management solutions and we’re looking forward to bringing a collaborative disruption to the resource industries.”
“We are excited to partner with Symboticware and deliver our customers an integrated solution,” said David Willick, Schneider Electric’s Vice President & Regional Leader Mining Metals and Minerals – North America. “We’re a world-leading provider of advanced Asset Performance Management solutions and we are confident that with this partnership, we will offer even more value to the resource industries.”
About Schneider Electric
Schneider Electric is the 2021 recipient of the Corporate Knights “Most Sustainable Corporation in the World” and is a global leader for data consolidation and analytics for mobile and fixed assets, as well as professional services including consultancy, systems integration, deployment, maintenance, and managed services for resource productivity and safety. For more information, please visit https://www.se.com
Symboticware is an innovative, industry leader that provides an industrial IoT hardware and software platform to help customers unlock, collect and analyze valuable data from their industrial mobile and fixed assets to help improve business outcomes based on: optimizing productivity; identifying opportunities to increase efficient use of their resources; increasing equipment availability through better condition and preventative maintenance; and enhancing safety by real-time feedback to operators. Originally developed for monitoring in underground mining, Symboticware technologies are used in many remote and rugged applications, from the far north to kilometers below the earth’s surface.