Schneider Electric and Wood Partner To Help Accelerate Open Automation

By Craig Resnick

Category:
Acquisition or Partnership

Schneider Electric has formed a strategic relationship with Wood, a supplier of automation solutions for projects, operations and consulting services to the energy, industrial, and several other vertical markets, to offer additional open and interoperable automation solutions to its mutual customers.

The memorandum of understanding agreement provides Wood’s automation and control group access to Schneider Electric’s IEC61499-based software, helping them to deliver open, standards-based automation solutions to their global energy and industrial customers.  Using object-oriented, event-based programming, where hardware and software lifecycles are decoupled and engineering efficiency is further optimized, Schneider Electric and Wood are now able to provide mutual clients with next-generation, open automation and control, which can deliver step-change operational improvements today while also simplifying upgrades in the future.

Engage with ARC Advisory Group