Digital twin buy completes Schneider's power platform : Page 2 of 2

November 16, 2020 //By Nick Flaherty
Digital twin buy completes Schneider's power platform
Schneider Electric has acquired a controlling stake in ETAP Automation for digital twin software to complete its power management software platform.
performance and improved grid performance helps to reduce these costs by maximising the power system production process through standardised vendor-agnostic and application-specific design templates, digital twin-enabled data models and product libraries. This can also 0rotect operational staff and equipment from arc flash, overvoltages and overheating and improve system uptime, anticipate failures and protect critical loads.

“Now we will be even better positioned to offer intelligent electrical digital twin platform with model-driven solutions to support our customers in accelerating productivity and increase efficiency in planning, automation, operation, optimization, and management of power systems across many industries,” said Dr Farrokh Shokooh, Founder and CEO at ETAP.

The modelling also helps to improve real-time awareness of new energy resources, including Solar PV, fuel cells and battery storage and optimise operational performance with preventative and predictive maintenance.

ETAP will continue to operate as an independent software vendor but will also enhance Schneider Electric’s digital twin capabilities in Power, Grid and mission-critical sectors, following the Group’s recent strategic investment in IGE+XAO and Alpi. 

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