Schneider Electric to plug into Vietnam’s Industry 4.0 growth

09:36 | 05/10/2018 Companies

(VEN) - Schneider Electric, leading the Digital Transformation of Energy Management and Automation, will see Vietnam offering great growth opportunities for the company, a senior company official said.  

schneider electric to plug into vietnams industry 40 growth
Yoon Young Kim, Country President of Schneider Electric Vietnam, Myanmar and Cambodia

Yoon Young Kim, Country President of Schneider Electric Vietnam, Myanmar and Cambodia, said Vietnam is one of the most important and developed markets for his company in the ASEAN region.

“It offers many opportunities for companies like us to be in a leading position in the country’s Industry 4.0 era”, he said. The development of Industry 4.0 has created a strong demand for energy efficiency, Kim noted.

“Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. We are committed to providing the most efficient solutions and processes for businesses in Vietnam to improve productivity”, he said.

SE successfully launched EcoStruxureTM for the first time in Vietnam in 2017. EcoStruxureTM is an IoT-enabled open and interoperable system architecture and platform, delivering enhanced value around safety, reliability, efficiency, sustainability and connectivity for SE’s customers.

“These can be seen as an essential prerequisite for Industry 4.0”, Kim said.

Kim said he sees Industry 4.0 generating increasing demand for sustainable and smart energy as companies try to raise their operational efficiency and competitiveness.

In the next few years, Asian countries including Vietnam will be the leader in the energy management and automation market with very high value, and Kim believes that as a big player in this market, SE can meet almost every requirement of this new trend in the country.

‘Life is ON everywhere, for everyone and at every moment’

SE will celebrate its 25th anniversary in Vietnam next year. “In these past years and also in the future, our mission has been and will be to ensure that ‘Life is ON everywhere, for everyone and at every moment’, so that Vietnamese people can develop smart and sustainable cities”, Kim said.

He said that over more than two decades that it has operated in Vietnam, SE has developed rapidly and reached the “amazing two-digit number” in growth rate.

“One of the biggest achievements of SE in recent years is the opening of its manufacturing plant in the Saigon Hi-Tech Park in early 2017 to provide energy saving solutions and smart buildings.

Recently, most premium switches like dimmers have been produced by SE Vietnam for domestic sale and export to other markets including Singapore, Australia, New Zealand and Africa”.

In Kim’s assessment, the Vietnamese market, spurred by a young and dynamic economy, has the potential of contributing to a majority of SE’s global revenues.

Regarding SE’s future plans in Vietnam, Kim said, “great people make a great company,” and this is also a critical factor in moving to Industry 4.0.

“Hence, we have focused on developing our company culture and talent acquisition.

Last year, we started the Green Electrician Project with the purpose of educating and developing new generations of skilled energy engineers. The lab has trained 650 underprivileged young people and 100 percent of have been employed right away after graduation. With all internal and external programs, SE’ ambition is that employees everywhere have equal opportunities while feeling uniquely valued”.

Phung Nguyen