The partnership was unveiled at Lenovo Tech World, the company’s annual innovation summit, with Lenovo chairman and CEO, Yuanqing Yang and Schneider Electric chairman and CEO, Jean-Pascal Tricoire, there to shake hands on the deal.
Leveraging the strengths of both companies, the strategic partnerships will create powerful synergies by combining Lenovo’s Industrial Internet of Things LeapIOT solution with Schneider Electric’s smart green manufacturing solution based on EcoStruxure.
The combination will build a blueprint that can be provided as a best-in-class smart manufacturing solution to discrete and hybrid manufacturing operations, regardless of the vertical industry they operate in.
In particular, the focus will include AI algorithms and big data as it relates to all aspects of efficiency management, predictive maintenance, production quality and other industrial applications.
Yuanqing said: “This strategic partnership will catapult the Intelligent Transformation of the manufacturing industry and further enable breakthroughs in smart green manufacturing.
“Going forward, we will continue to form more partnerships of this nature to accelerate the transformation of various industries and embrace the age of intelligence.”
Tricoire said: “Making the next shift towards green smart manufacturing is critical to nurture a more efficient, low-carbon, and sustainable future.
“Partnering with Lenovo is a great opportunity to further unleash the power of digital innovation in the physical world of manufacturing.
“A scale up of IoT and smart solutions is key for a greater efficiency and a more sustainable planet.”