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The AEC (architectural, engineering, and construction) sector is confronting a period of unprecedented challenges – but also one of opportunity.
Yes, adapting to change is fundamental for a business’s survival, but in a world of persistent market turbulence and constant disruption, incremental adjustments may no longer be enough to ensure sustained growth and differentiation.
According to a new report, market intelligence firm IDC expects digital transformation investments are to approach $6.8 trillion from 2020 to 2023. They also predict that 65% of global GDP will be digitized by 2022.
Likely, only the most agile organizations, those able to leverage digitalized technologies and business models while meeting increased expectations and delivering improved efficiency, will be able to rise and outperform competitors now and into the future.
The industry is changing, and consulting engineers are at a crossroad
Currently, 80% of global CO2 emissions are due to energy production/consumption, and electricity use is expected to double by 2040. In other words, the world is becoming more electric, and technological disruption is also transforming the electrical industry itself.
Accelerating digitization, mobile connectivity, and real-time data through smart industrial sensors (IIoT) fundamentally alter the global business landscape. Now, consulting engineers must design buildings and infrastructures that are safe, reliable, and efficient, but also sustainable and future-proof, enabled by smart design. Consulting engineers are pivotal in making the technological evolution a practical reality.
Partnerships are the building blocks of sustainability and efficiency
Faced with such a rapid pace of change in the industry, many consulting engineers are rethinking how they can adapt more quickly and what initiatives they should pursue to future-proof their businesses. Schneider Electric understands that no one can win that game alone. Professional partnerships are the key to promoting innovation, meeting evolving customer demands, spur greater sustainability, and foster superior business efficiency. Indeed, collaborative ecosystems promote partner competitiveness and boost the capability to quickly scale up to confront disruptive changes, tap into new expertise and respond to new market opportunities.
Named the most sustainable company in the world, we have first-hand confirmation of how cooperative, long-term partnerships are amongst the best ways to foster sustainability while growing businesses. Not only do we make sustainability a priority in our operations, but we also do the same for our customers. Over the next three years, our ambition is to save 120 million metric tons of CO2 by Schneider Electric customers using our EcoStruxure architecture.
As a technology provider, we are determined to play a role within the ecosystem to improve business fluidity, technology exchange, and drive towards shared ambitions to help partners boost their sustainability credentials on both product and system levels while improving their market positioning and supporting their digital transformation efforts.
A clear-cut strategy to mitigate risk and spur innovation
Our goal is to facilitate a more sustainable, efficient, and resilient future for our partners and customers through three core concepts:
- Simplified – to counterbalance increasing complexity, we simplified the user experience with our products and solutions to make them easier and faster to design, build, operate, and maintain
- Open – we are committed to unleashing the infinite possibilities of an open, global, innovative community through our partner ecosystem and are passionate about interoperable architectures.
- Digital – we deliver connectivity to encourage digital intelligence to create more resilient operations, enable new services, and produce software that increases efficiency at every project lifecycle stage.
Digital tools that deliver on our promise
Partnering with Schneider Electric provides AEC leaders, and their teams access to a dedicated collaborative platform that helps improve digital transformation in design practices. A comprehensive selection of tools and assets, plus access to experts to help improve competitiveness by increasing operational efficiency from digital strategy through to execution:
- Best practices and insight sharing regarding markets, regulations, and design trends.
- Resources for engineers through mySchneider include training and expert support and design tools, which facilitate engineers to work more productively with different stakeholders and technology providers.
Online tools are also available to support transformation in business processes through ongoing digital collaboration with leadership and teams, including:
- Resources for engineers to digitalize collaboration with technology providers via software, online forums, one-on-one digital support, and dedicated Schneider representative.
Transforming resources and knowledge into a competitive advantage
We are a long-term partner consulting engineers can trust to help them navigate disruptions, now and in the future. Our goal is to make engineering firms design simplified, open, and digital with in-house and outside partner know-how, experience, and solutions, including hardware-agnostic software, across the broadest range of markets and products.
Watch the video to learn more, and visit our dedicated mySchneider Consultants, designers, and engineers partner program site to discover all the benefits of a partnership.