Schneider Electric partners with Seeq to release EcoStruxure Profit Advisor

February 9, 2017 – "Schneider Electric, the global specialist in energy management and automation, has introduced IIoT capabilities that will enable its industrial customers to measure and control the profitability of their operations in real time.

Developed through a partnership with Seeq, a provider of software and services that enable data-driven decision making, EcoStruxure Profit Advisor uses Big Data analytics to measure the financial performance of an industrial operation in real time, from the equipment asset level of a plant up to the process unit, plant area, plant site and enterprise levels. On-premise or cloud-enabled, it works with any process historian to mine both historical and real-time data. It then processes that data through Schneider Electric’s proprietary segment-specific accounting algorithms to determine real-time operational profitability and potential savings."

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