Latest news with #InnovationTalks
Zawya
20-05-2025
- Business
- Zawya
Schneider Electric hosts "Innovation Talks" in Madinah
As the Kingdom Prepares for Hajj Season 1446 AH Schneider Electric technologies enhance energy management, efficiency and guest safety within the hotel sector Madinah reports significant tourism growth in 2024, welcoming approximately 18 million visitors, a record increase of 140% in the past decade Schneider Electric, a leader in the digital transformation of energy management and automation, has convened 'Innovation Talks' in Madinah, specifically targeting the hospitality and hotel sector. This initiative underscores the company's commitment to supporting high-growth-potential segments within the Kingdom, presenting Schneider Electric's latest solutions and innovations tailored to this vital industry. Madinah, a city of profound religious and historical significance and cultural value, has experienced remarkable growth in visitor numbers, with reports indicating approximately 18 million visitors in 2024, marking a record 140% increase over the past decade. The "Innovation Talks" in Madinah welcomed high-level attendees, including Schneider Electric's local leadership team, and drew a diverse audience of the company's customers and strategic partners within the hotel management sector. During the event, Schneider Electric showcased a range of advanced solutions for the hospitality and hotel sector, including final distribution boards, wiring devices, advanced lighting and room control solutions, emergency lighting systems, comprehensive building management systems, highly efficient low-voltage switchgears, and EV chargers. These technologies are designed to enable optimal operational management and exceptional energy efficiency in hotels, while enhancing guest safety and security for during their stay in Madinah. By integrating these smart solutions, hotels can significantly reduce energy costs and minimize their environmental footprint, a crucial objective amidst the rapid expansion of Madinah's hospitality segment. The number of licensed hotel rooms has increased by 62%, reaching 62,000, while the average length of stay has prolonged from two days in 2019 to over ten days currently, positioning Madinah the second most visited city in the Kingdom after Makkah. These innovative solutions are fully aligned with the Kingdom's vision to ensure the quality of services provided to visitors by operators of tourist facilities and activities, and they also resonate with Schneider Electric's strategy to promote sustainable development and elevate the visitor experience in the Kingdom's hospitality sector. Commenting on the event, Mohamed Nagy – Vice President of Distribution for KSA, Pakistan, Yemen & Bahrain at Schneider Electric, said: "Madinah holds a strategic importance as one of the world's top 100 tourist destinations, attracting significant investment in the hospitality and tourism segment, consequently, supporting local economic growth. As a committed strategic partner in the realization of Saudi Arabia's ambitious Vision 2030 objectives, Schneider Electric is committed to enhancing and developing its advanced solutions and technologies to empower the hospitality and hotel sector in Madinah, enabling it to prepare effectively for this anticipated growth and to achieve the highest levels of efficiency and sustainability." He added: "Schneider Electric is dedicated to driving digital transformation and promoting sustainable practices across key sectors. This commitment is evident in the 'Innovation Talks' series held in various cities and targeting diverse industries to showcase the latest solutions and technologies that contribute to achieving our company's goals and advancing sustainable development throughout the Kingdom." The "Innovation Talks" initiative emphasizes Schneider Electric's steadfast commitment to developing and fortifying its partner network, a cornerstone of its deeply rooted strategy to effectively penetrate all markets and address customer requirements. Through these engagements, the company seeks to enhance direct communication channels and cultivate stronger relationships with its partners, thereby facilitating wider access to its advanced products and solutions for an expanded base of consumers and clients. This objective is realized through a growing network of distributors and retailers across various cities and regions within the Kingdom, contributing to sustainable development goals within Saudi Arabia's hospitality and hotel sector. During the "Innovation Talks" event, attendees highlighted the rapid growth Madinah is experiencing, underpinned by a substantial increase in expenditure exceeding SAR 50 billion. With the value of projects within the city surpassing SAR 2 billion, a compelling need exists for the development of innovative solutions that optimize operational efficiency and reduce costs across various segments, including hospitality and hotels. This growing economic momentum is expected to generate promising employment opportunities in the services, hospitality, transportation, and tourism events sectors, significantly boosting the overall economic cycle in the region. Schneider Electric boasts a rich legacy of over 40 years of successful operations in the Saudi market, supported by a diverse and growing portfolio of assets and a wide geographic presence across various cities and regions of the Kingdom. The company continues its journey with the "Innovation Talks" series held throughout the Kingdom, the most recent in Riyadh, focusing on datacenters. At this event, Schneider Electric presented integrated solutions to support national efforts toward digital transformation and achieving the goals of Vision 2030 by deploying the latest technologies and innovations available in the local market. About Schneider Electric Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights
Zawya
01-05-2025
- Business
- Zawya
Schneider Electric showcases the latest AI-ready data center solutions following Motivair acquisition
Innovation Talks in Riyadh highlight Motivair's latest advanced cooling solutions for carbon-neutral data centers The acquisition aligns with Saudi Vision 2030 and the Saudi Green Initiative, reinforcing the Kingdom's position as a leading regional hub for data centers and artificial intelligence Schneider Electric, the leader in the digital transformation of energy management and automation, hosted its latest Innovation Talks event in Riyadh under the theme ' Innovation Talks: Partnering for AI Data Centers & Advanced Liquid Cooling." During the event, Schneider Electric announced the acquisition of Motivair, a global innovator in liquid cooling systems for high-performance computing, a strategic move to accelerate the company's global vision for sustainable, AI-driven data center solutions. The initiative closely aligns with Saudi Arabia's Vision 2030, which aims to foster a thriving digital economy and position the Kingdom as a leading regional hub for data centers and AI. It also supports the goals of Saudi Green Initiative to accelerate the country's transition to a green economy—particularly significant given Saudi Arabia's current 86% share of the Middle East's data center capacity. This acquisition marks a substantial step towards sustainable digital transformation across the Saudi Arabia Kingdom and the wider region. Schneider Electric's acquisition of 75% of Motivair, a U.S.-based company, with the full acquisition anticipated by 2028, significantly strengthens its position in the liquid cooling sector for high-performance computing (HPC) globally, and in Saudi Arabia as a key regional market. By leveraging Motivair's renowned expertise in advanced cooling solutions for data centers and AI applications, Schneider Electric is well-positioned to support the Kingdom's ambitious technological advancements. With the Saudi data center market projected to be the fastest-growing in the Middle East with a 19.88% compound annual growth rate (CAGR) over the next three years, this move demonstrates Schneider Electric's strong commitment to contributing to Saudi Arabia's digital transformation and broader economic digitization goals. The Innovation Talks event brought together senior global leaders from Schneider Electric, members of the Saudi leadership team, and a select group of the company's key customers and strategic partners in the data center and AI sectors. Notable attendees included Nirupa Chander, SVP Secure Power International Region, Schneider Electric; Marc Garner, C&SP Segment SVP, Schneider Electric; Andrew Bradner, SVP, Cooling Business, Schneider Electric; Elizabeth O'Sullivan, NVIDIA Alliance Leader & Chief of Staff to EVP, Data Centers & Networks Business, Schneider Electric; and Ahmed Gamal Eldin, Vice President of Secure Power & Data Center for Saudi Arabia, Pakistan, Yemen, and Bahrain, Schneider Electric. Commenting on Riyadh's hosting of the AI-powered data center Innovation Talks, Mohamed Shaheen, Cluster President - Schneider Electric Saudi Arabia, Pakistan, Yemen & Bahrain, stated: "The Innovation Talks series lies at the core of our commitment to promoting environmental sustainability in one of the Kingdom's most dynamic and rapidly expanding sectors—data centers. With Saudi Arabia's ambitious goal to increase data center capacity by 37% by 2027, our focus on building carbon-neutral facilities and enhancing energy efficiency is more important than ever. AI technologies are highly energy-intensive, which drives us at Schneider Electric to innovate cutting-edge solutions, including advanced cooling systems into data center operations. We are dedicated to delivering technological advancements that directly reduce both energy consumption and carbon emissions in this critical sector." He added: "Schneider Electric's acquisition of Motivair brings substantial strategic value to the Saudi market specifically, as it enhances our capability to deliver next-generation liquid cooling solutions for data centers. It reinforces our role as a key partner in supporting the Kingdom's Vision 2030 and its digital transformation journey." The Innovation Talks event showcased cutting-edge products and solutions designed to support the next generation of AI-powered data centers. Key highlights included Motivair's advanced liquid cooling technologies, purpose-built to meet the high-performance demands of AI and HPC (high-performance computing), alongside Schneider Electric's comprehensive suite of AI-driven data center solutions and collaborative reference designs developed with NVIDIA and leading chip manufacturers. The event also featured Unified Operations Center (UOC) solutions offering end-to-end visibility and integrated management of all aspects of data center operations. These integrated technologies reflect Schneider Electric's unwavering commitment to supporting Saudi Arabia's digital transformation and advancing the goals of Vision 2030 by introducing the latest innovations to the local market. Speakers at the event emphasized that the rapid rise of generative AI and large language models has significantly increased the demand for vast computing power, necessitating new energy-efficient data center designs. Liquid cooling experts forecast a compound annual growth rate of over 30% in the coming years worldwide. Schneider Electric plays a key role in supporting the Kingdom of Saudi Arabia's digital transformation, grounded in a strong belief in the power of strategic partnerships to achieve the goals of Vision 2030, for a sustainable, knowledge-based economy. This commitment is demonstrated through a series of memoranda of understanding and strategic agreements signed with prominent local and international companies operating in the Kingdom. Schneider Electric has signed a Memorandum of Understanding (MoU) with Dulb Company to deploy its smart energy management and automation solutions in the fields of data centers and smart infrastructure. Furthermore, another MoU was signed with Edarat Group to bolster the hyperscale data center sector through the development of smart and sustainable infrastructure, and to expand the use of artificial intelligence applications to improve operational efficiency. Additionally, an MoU was established with Mobily to provide energy management and digital infrastructure solutions for big data centers, and to support the company's efforts in decarbonizing its data centers and improving the indoor environmental quality within these facilities. The strategic partnerships extend to include Schneider Electric's collaboration with DataVolt that focuses on promoting joint initiatives in sustainability, decarbonization, digital infrastructure development, and energy management in hyperscale data centers. This proactive engagement by key technology partners like Schneider Electric is crucial as the Kingdom of Saudi Arabia continues to solidify its regional leadership in artificial intelligence, cloud computing, and digital services—key pillars that empower various business sectors, foster innovation, and propel the digital economy towards new frontiers. This progress has positioned the Kingdom as one of the fastest-growing nations in terms of investment and technological capacity in the region, reinforcing its status as a central hub in the future of the digital economy. Data centers are at the heart of this transformation, playing a crucial role in enhancing business efficiency through AI and automation applications, which help boost productivity and reduce operational costs. They also provide the foundational infrastructure for digital services, offering an advanced environment for cloud computing and next-generation applications. Within this context, Schneider Electric stands out as a strategic partner in advancing the goals of Vision 2030. Leveraging over 40 years of experience in the Saudi market, the company continues to play a vital role in accelerating digital transformation and promoting sustainability across the Kingdom. -Ends- About Schneider Electric Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. Discover Life Is On
