Schneider counting on new markets for growth

Francois de Beaupuy of Bloomberg got some time with Schneider Electric's executive vice president in charge of strategy and innovation, Philippe Delorme, and reported that the company is expecting its newer ventures in electric vehicle (EV) charging ...
Oct. 29, 2010

Francois de Beaupuy of Bloomberg got some time with Schneider Electric's executive vice president in charge of strategy and innovation, Philippe Delorme, and reported that the company is expecting its newer ventures in electric vehicle (EV) charging infrastructure, demand-response technology and residential energy-efficiency to contribute as much as 15 percent of the company's sales by 2015.

Delorme further said the company's acquisition interests focus on demand-response, building automation and industrial process automation, especially in emerging markets.

Bloomberg article

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Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.