Schneider Electric to invest S$102m to expand presence in Singapore

| Urban Solutions & Sustainability

Schneider Electric, the global specialist in energy management and automation announced that it will make significant new investments to strengthen its presence in Singapore. The company will cumulatively invest around 65 million euros (S$102 million) over the next few years to establish a Software Industry, Solutions Centre and a Software Regional Hub, a new East Asia headquarter and a Regional Control Tower for Network Logistics, Analytics and Transportation in Singapore.

Mr Jean-Pascal, Tricoire, Chairman and CEO, Schneider Electric presents Dr Beh Swan Gin, Chairman, EDB a token of appreciation at the launch of Schneider Electric's €65 million (S$102 million) investment in Singapore.

 

Photo Credit: Schneider Electric Singapore

The Software Industry Solutions Centre will help chemicals, food and beverage, mining and metals, oil and gas, transportation, water and waste water, and utilities companies leverage their productivity, improve safety and boost sustainable performance. By 2018, the centre will employ more than 60 data scientists and engineers. The centre will also feature a Customer Experience Centre, where Schneider Electric’s solutions and capabilities will be showcased.

Schneider Electric’s new East Asia Headquarters in Singapore will oversee the company’s operations in ASEAN, Korea, Japan, Taiwan and Mongolia, helping the company to attract and develop the best talent to drive innovation. This operation will be headed by local industry veteran, Tommy Leong.

Schneider Electric Global Supply Chain’s already established logistics and network design team in Singapore will be expanded to handle regional control tower activities for logistics and network design, data analytics and global transportation. This control tower will deepen its capabilities in Singapore to address supply chain optimisation needs for its products within the region and beyond.

Press Release
- 16 October 2015

Schneider Electric to invest S$102m to expand presence in Singapore