"Schneider Electric is using the Internet of Things technology trend to address and solve customer challenges in new and efficient ways. Some problems are age-old - like minimising downtime in a production process - while other challenges, such as addressing sustainability or regulatory compliance requirements, are emerging. We leverage the connectivity of things, the resulting data and advanced insights from analytics and Big Data, and our active control capabilities to unlock new customer value through our solutions and services.
While the changes in technology may be evolutionary, IoT is creating a revolution in both ours and our clients’ existing business models and management practices. We believe this Chair, along with Schneider Electric's collaboration with ESCP Europe, will offer students an opportunity to both learn and shape these emerging practices and position themselves at the forefront of tomorrow's IoT- enabled workforce."
EVP - IoT & Digital Transformation
"Valeo, ranked number 1 global automobile supplier, has defined its strategy along the lines of clean autonomous and connected vehicles. Connectivity will be the heart of driverless cars and their use, (electric vehicles), in "smart cities".
Valeo is today a world leader in the design and manufacture of the driver assistance sensors
("ADAS sensors"), onboard telematic transmitters and connected human-machine interfaces ("HMI"). These components are central to the data generation and communication of the vehicle itself, the environment in which it moves, and also its use.
Connectivity also opens the way for many services, yet to be invented and disseminated: preventive maintenance, eCall, fleet management, car sharing, location of electric charging points or parking places, customised insurance solutions ...
The Valeo Research & Innovation and Marketing teams have been involved in the development of these new technology solutions - and their business models - for several years, all of which create high value."
The IoT appears as a crucial component of digital transition: objects now have the ability to transmit contextual information and be networked to communicate.
This new ESCP Europe Chair, under the auspices of the Foundation and with the support of Schneider Electric and Valeo, has been born from the desire to support students, businesses and research professors in the investigation and understanding of business and managerial issues related to digital evolution and the development of connected objects.
In addition to teaching, the IoT Chair is a place for discussion and reflection on the economy of connected objects.
An annual conference, the writing of case studies, communication in the press or in conferences, the Best Student Thesis, theses in the ESCP Europe doctoral programme... The activities of the Chair will be many!
"The IoT is a new step in the digital revolution and participates in the construction of a new society.
- My first conviction is that a business school such as ESCP Europe has the objective to train students to become future managers of IoT companies.
- My second conviction is that a Chair must be anchored in business reality: with our partners, Schneider Electric and Valeo, we are co-creating and moving forward together. The themes of the classes, the priorities and areas of research, the projects to be carried out by students, the topics of meetings and conferences, are discussed and chosen by the Steering Committee.
- Finally, my third conviction is that a diversity of viewpoints is always a source of wealth. Consequently, ESCP Europe has decided to develop cross-functional discussions drawing on the expertise of several companies at the forefront of IoT and its professors in several disciplines: strategy, information systems, innovation, legal marketing, etc.
Thus, as students, companies and professors, we will actively participate in the digital transition.”