Schneider Electric invests in Planon Beheer BV to own 25% stake
Technology

Schneider Electric invests in Planon Beheer BV to own 25% stake

Schneider Electric, a pioneer in the digital transformation of energy management and automation industry, has invested a strategic minority in Planon Beheer B.V (Planon) which is a leading software provider in the space of building and workplace management. As per the deal, Schneider Electric owns nearly 25% of Planon.

The two companies will jointly collaborate on the innovation front to deliver a series of software and services aimed to digitise the building lifecycle of existing and new buildings. This move will build sustainability, improve operational efficiency as well bring well being to various customers such as Government, Finance, healthcare and education sectors to name a few.

Today, buildings are highly inefficient as they consume more than 50% of the world’s electricity. Moreover, this accounts for a third of energy and close to 40% of global carbon emissions. Schneider Electric suggests that buildings in future will be digital and electric. This technology will be essential to drive energy efficiency and reduce carbon emissions. Additionally, it will ensure improved comfort for occupants and better financial returns for building owners.

Although Planon would operate as an independent software vendor, iTs IWMS would extend Schneider’s solutions to deliver enhanced offerings to building occupants and owners across all the technologies in the building. Additionally, this translation is in line with Schneider’s vision to offer best in class software while being committed to helping customers in their digital journey to bring sustainability and efficiency across the lifestyle of capex to opex.

Schneider Electric, a pioneer in the digital transformation of energy management and automation industry, has invested a strategic minority in Planon Beheer B.V (Planon) which is a leading software provider in the space of building and workplace management. As per the deal, Schneider Electric owns nearly 25% of Planon. The two companies will jointly collaborate on the innovation front to deliver a series of software and services aimed to digitise the building lifecycle of existing and new buildings. This move will build sustainability, improve operational efficiency as well bring well being to various customers such as Government, Finance, healthcare and education sectors to name a few. Today, buildings are highly inefficient as they consume more than 50% of the world’s electricity. Moreover, this accounts for a third of energy and close to 40% of global carbon emissions. Schneider Electric suggests that buildings in future will be digital and electric. This technology will be essential to drive energy efficiency and reduce carbon emissions. Additionally, it will ensure improved comfort for occupants and better financial returns for building owners. Although Planon would operate as an independent software vendor, iTs IWMS would extend Schneider’s solutions to deliver enhanced offerings to building occupants and owners across all the technologies in the building. Additionally, this translation is in line with Schneider’s vision to offer best in class software while being committed to helping customers in their digital journey to bring sustainability and efficiency across the lifestyle of capex to opex.

Next Story
Real Estate

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie.   Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Next Story
Equipment

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision.  Hussain S..

Next Story
Infrastructure Energy

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?