Schneider Electric receives Vision Award for analytics software

Schneider Electric, a leader in the digital transformation of energy management and automation, has been recognised by the FacilitiesNet.com Vision Awards. An independent panel of judges selected Schneider Electric’s EcoStruxure Building Advisor as a winner in the Analytics & Management Software category. The EcoStruxure Building Advisor is a suite of analytics monitoring services that unlocks operational performance and remote maintenance of buildings. The solution provides actionable insights into a building’s operations and identifies areas of improvement and faults to help optimise a building’s inefficiencies.

FacilitiesNet.com is the digital home for readers of Building Operating Management and Facility Maintenance Decisions magazines. The Vision Awards recognise innovation and excellence in products contributing to the efficient, profitable operations and management of institutional and commercial buildings in the United States. Manish Kumar, SVP of Digital Buildings for Schneider Electric, said the EcoStruxure Building Advisor leverages the latest technological advances to ensure facilities and building managers are equipped with innovative tools to enhance their buildings’ operations. “We are honoured to be recognised by FacilitiesNet in its 2021 awards program. There has never been a more critical time to invest in building management as mounting regulatory, energy and occupant wellbeing pressures push building efficiency and resiliency to the forefront,” Kumar said.

Kumar added that with EcoStruxure Building Advisor, facilities and building managers can leverage remote, automated, continuous monitoring and condition-based maintenance. “Enterprise customers and those with multiple buildings with diverse BMS systems have particularly benefited from the open, BMS agnostic, digital twin technology and global outreach of Schneider Electric to standardise facility operations and maintenance with EcoStruxure Building Advisor,” Kumar said.

With EcoStruxure Building Advisor, building managers can respond more proactively with data-driven decisions to reduce maintenance costs, improve asset value, increase occupant satisfaction and create more sustainable and energy-efficient buildings. The software also provides more accurate analysis, diagnoses and recommendations, through the use of a Digital Twin approach for HVAC Equipment and Systems. This makes the accuracy of analysis, detailed diagnosis and recommendation of corrective actions far superior when compared to human skill-based or rules-based software. The Digital Twin is continuously improved based on information from 200,000 HVAC equipment connected in eight different building categories across 20 countries.

Leveraging a hybrid delivery model of remote HVAC experts and local execution teams, the software has facilitated the completion of over 16,000 tasks, saving approximately 260,000 hours of on-site service engineer time to detect, diagnose and create a maintenance ticket. The solution also helps achieve compliance to ISO50001 standards or sustainability goals based on energy efficiency improvements, improving indoor air quality to make buildings healthier for occupants.

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