Lenovo Group's (00992) Chairman and CEO Yuanqing Yang and Schneider Electric Chairman and CEO Jean-Pascal Tricoire today announced a strategic partnership that will see the two companies working together on smart green manufacturing solutions for the flourishing Chinese manufacturing sector.
Leveraging the strengths of both companies, the strategic partnerships will create powerful synergies by combining Lenovo's Industrial Internet of Things (IIoT) 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.
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