French power cable maker Nexans has partnered with Schneider Electric on a joint programme for industrial automation and Industry 4.0.
The two started a pilot programme in October 2020 at two Nexans plants in Europe, and will report the results by the end of 2021. This is looking at monitoring energy usage and predictive, condition-based maintenance to identify improvement initiatives that will yield a return on investment in less than three years.
The partnership is a key part of the Nexans restructuring plan to 2024 to digitalize its factories to improve the efficiency of production lines, enable predictive maintenance and reduce carbon emissions. It will also contribute to the Group’s commitment to achieve carbon neutrality by 2030.
Schneider Electric rolled out digital technology in 115 sites worldwide which showed an 80 percent reduction in maintenance time by implementing predictive maintenance solutions as well as a 15 percent reduction in energy costs.
“Nexans has already embraced digitalization in many areas of our business, using 3-D printing, big data and virtual reality. Now, the time is right to take our digital journey to the next level so that the benefits could be realized by all industrial assets worldwide,” said Christopher Guérin, CEO of Nexans. “Partnering with Schneider Electric will allow us to advance rapidly in Industry 4.0 opportunity field, and leveraging their global footprint and technology to deploy solutions across all our sites and to accelerate our carbon neutrality.”
“Schneider Electric is supporting the transition to a more electric and digital world that will meet the challenges of the climate crisis,” said Christel Heydemann, Executive Vice President, France Operations, Schneider Electric. “Our EcoStruxure platform will enable Nexans to take data-driven decisions to increase business performance and achieve its carbon neutrality journey.”
The EcoStruxure platform enables common cross-function, live monitoring and application data sharing. This leads to faster improvements in operational performance, improved quality control, reduction in energy and