Schneider Electric Joins with HKUST–MIT Research Alliance Consortium to Further IoT Innovation
Sep 21, 2015
Company to collaborate with the Hong Kong University of Science and Technology-Massachusetts Institute of Technology (HKUST-MIT) Research Alliance Consortium to advance Internet of Things (IoT) solutions and adoption
Hong Kong, September 21, 2015 – Schneider Electric, the global specialist in energy management and automation, today announced a multi-year collaboration with the HKUST-MIT Research Alliance Consortium as a key supporter of the consortium’s research for IoT technologies for intelligent buildings and transportation. The goal of this global research, with HKUST in Hong Kong and MIT in Cambridge, Mass., is to resolve challenging problems in engineering domains such as circuits and devices, signal processing, communications and control as well as advanced data analytics, with a focus on enabling IoT technologies for better building infrastructure and enhancing transportation connectivity. Support and collaboration in this research further shows the company’s commitment to technology advancement and will allow the company to take advantage of some of the most cutting-edge research available in the field of IoT.
Schneider Electric joins Intel, Texas Instruments and others as sponsors of HKUST-MIT Research Alliance Consortium.
“We are very delighted to collaborate with Schneider Electric in helping advance IoT solutions and adoption. The research will mainly focus on applying IoT to current architectures and technologies. Our goal is to deliver creative solutions to help address problems in building management and transportation, and eventually develop practical applications for the industry,” said Prof Enboa Wu, Associate Vice-President (Knowledge Transfer), HKUST.
IoT technologies are fundamental to Schneider Electric’s focus in market segments such as water, oil and gas, data centers, mining, utilities, healthcare, food and beverage and smart cities, as a way to further maximize efficiency and sustainability for customers. Through collaborations like the work with HKUST-MIT Research Alliance Consortium, Schneider Electric is focused on developing new technologies and services that will drive intelligence, efficiency and connectivity to help customers meet these new and emerging challenges.
“We are pleased to welcome Schneider Electric’s participation in this important initiative that works not only to advance the field of IoT but also to connect the expertise of academia and industry on a global scale,” said Charles Sodini, LeBel Professor Electrical Engineering, MIT.
“Our work with the HKUST-MIT Research Alliance Consortium is an important part of our strategy to bring Operational Intelligence to the Internet of Things to help transform the world,” said Barry Coflan, Chief Technology Officer, EcoBuilding Division, Schneider Electric. “Collaboration across industry, academia, research and government will be critical to accelerating the impact that IoT can have on a wide range of industries, and on our global society.”
In addition to the collaboration with the HKUST-MIT Research Alliance Consortium, Schneider Electric has also today announced Life is On, a new global strategy that is fueled by the company’s Operational Intelligence approach to IoT. For more information, please visit our Life Is On wepage.
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