Energy technology firm Schneider Electric and automation specialist Wood enter partnership to deliver automation solutions to industrial customers.
The two businesses have signed a memorandum of understanding that will give Wood’s automation and control group access to Schneider Electric’s IEC 61499-based software.
“With closed systems, the full potential of Industry 4.0 remains untapped,” said Fabrice Jadot, senior vice president of industrial automation at Schneider Electric. “To accelerate industrial digital transformation, we must prioritise portability of automation applications. Today, agility and resilience are paramount. The IEC 61499 standard delivers that needed interoperability and that’s why it is fundamental to the shift towards more flexible automation.
“We are delighted to be working with Wood, an industry innovator that has been leveraging the benefits of IEC 61499, to deliver the next-generation automation solutions that end-users need to thrive in the digital economy.”