Schneider Electric exec: Quick decision-making is key in Silicon Valley
By Stephen Ellison, Contributing Writer
It has been just two years since the French multinational Schneider Electric set up an innovation center in Silicon Valley. But already, the outpost is helping the $30 billion company experiment with new services and business models.
One of the first examples is an offering that uses connected devices inside a consumer’s home to help them save money on their electric bill. Vice President of Innovation Paul Campbell likens it to what Uber has done in the ride-hailing market and what Airbnb is doing in the room-booking space.... continued ...