In the golden autumn, Beijing ushered in the annual “Service trade Time”. On August 31, the 2022 China International Fair for Trade in Services (hereinafter referred to as the Service Fair) officially opened, with the theme of “Service cooperation promotes the development of green innovation and welcomes the future”, highlighting green innovation cooperation and “double carbon”, which is highly consistent with Schneider Electric’s business and mission. It strengthens the confidence of Schneider Electric to continue to deepen the service market and promote sustainable development with service and digital innovation.

Entering the “14th Five-Year Plan”, China’s digital economy has turned to a new stage of deepening application, standardized development and inclusive sharing, and the integration of data and reality has continued to deepen, and the “integration of the two industries” and “modern industrial system” have accelerated their strategic layout. At the same time, led by the overall strategy of “3060 double carbon target”, supported by the “1+N” policy system and specific action plans for green transformation in various industries, sustainable development is moving from concept to practice. Therefore, digitalization and low-carbon “double transformation” have become the two major challenges faced by enterprises.

At the time of the opening of the Service Trade Fair, with profound industry insight and years of practical experience, Schneider Electric observed that the mode of service, connotation and extension, as well as the market demand for service have changed, and summarized the three development trends of service under the background of “double transformation” : The synergy of service and digital technology, the deep integration of service acceleration OT and IT, and the professional service of the whole life cycle are increasingly becoming the first choice for enterprise transformation. These three trends in the development of mutual cause and effect, promote each other, jointly promote the high-quality development of modern service industry, help build a modern industrial system.

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Weiwei Chen, Vice President and head of Service business in China, Schneider Electric

Trend 1: Synergy between services and digital technologies

With the “double transformation” into the deep water area, on the one hand, 5G, Internet of things and other applications open a new round of technological innovation, which requires services to accelerate the exploration of digital new technology and business intersection; On the other hand, in the transformation process, all the business breakpoints and data breakpoints that digital technology has not yet linked need to rely on services to open up. The synergy between services and digital technologies is deepening.

Schneider Electric believes that in the face of the complex and changing external environment, the practice of carbon reduction needs to be empowered by methodology and experience, the collaborative development of service and digitalization is the two wings to help accelerate the landing of sustainable development. This is also the general idea of Schneider Electric’s sustainable “One body and two wings” in this service trade fair.

On the one hand, as the core and important carrier of digital implementation, service is an important field where various digital technologies gather and play a role. New digital technologies are transforming traditional services into smarter, more predictable and prescriptive services.

On the other hand, software-centric digital technology is accelerating the collaboration with services, integrating into application scenarios to achieve “visible, manageable, controllable, and available” in the whole life cycle of data, thus promoting the entire industry chain to achieve collaborative management and optimization from design, construction, operation to maintenance, promoting the customer’s digital value to the ground, towards a sustainable future.