As part of efforts to save cost, Schneider Electric has unveiled a range of smart software that will automate power monitoring, protect electrical installations from overheating and prevent power surges and fire.

Schneider Electric (SE) and other companies deliberated on the various innovative strategies they had already deployed and proven in improving operational efficiencies at the IDC CIO Summit 2019 concluded in Lagos on Friday.

The theme of the summit was “Strategies for an Era of Multiplied Innovation and Automation.” It focused on the increasing use of data for competitive advantage.

SE demonstrated the importance of digitized power monitoring in commercial and industrial buildings to enhance energy efficiency and power reliability.

Ifeanyi Odoh, Head Business Development and Offer Marketing for Anglophone West Africa at Schneider Electric, highlighted at the summit how the smart software can help to detect the health status of electrical installations.

“A good understanding of the issues with your equipment and installations will help you to avert major electrical hazards via early prevention,” he said.

Odoh said firms could protect their equipment better and also resolve issues around power quality by leveraging on the benefits of Schneider Electric EcoStruxure architecture.

On inadequate power infrastructure and frequent blackouts across the country,  SE  made a presentation on digitizing power management to drive energy efficiency, highlighting the variables to ensure the safety of consumers and the lifespan of electrical equipment.

NAN reports that other speakers and panellists also made presentations on how to leverage information, harness emerging ICT solutions and facilitate organization-wide innovation with the ultimate aim of making enterprises more efficient and productive.

They stressed the need for a sound working knowledge of the latest technologies with the advent of artificial intelligence, blockchain, cloud technology, and robotics.

By 2022 and beyond, the world, including Nigeria will witness a large-scale automation with ubiquitous AI and robotics, the emergence of digital twins on a massive scale, and exponential change in the competitive landscape.

The era will also witness a new “IT world order”, built around changing technologies, new offerings, evolving business models, and emerging digital transformation.

(NAN)