Schneider Electric posts 12% revenue growth

dubai — Schneider Electric, a global leader in energy management and automation, has registered revenue growth of 12 per cent over the past three years in the Gulf countries, excluding Saudi Arabia, and Pakistan driven largely by technology investments and infrastructure developments in the region.

Speaking on the company’s regional outlook, Benoit Dubarle, President — Gulf Countries and Pakistan, said: “There is an urgent need for change in the way we perceive and understand energy needs in the region. As a company involved in enabling this transition, Schneider Electric is well positioned to address the GCC’s unique energy challenges through our tried and tested innovative solutions for energy management. We are poised to continue the same growth momentum as we identify new regional opportunities in the coming years.”

Riding the wave of its regional success and market opportunities on the horizon, Schneider Electric is set to host the fourth edition of its flagship event Power to the Cloud in Dubai.

Scheduled to be held on April 17 and 18, this smart-solutionsfocused event is the largest of its kind in the Middle East & Africa region.

Saeed Al Tayer, Chairman of Dubai Electricity and Water Authority (Dewa) will present the keynote address at the event, which is set to convene over 2,000 visitors, more than 200 VIPs, key customers and C-suite decision makers. The event will also be headlined by Wesam Lootah, CEO of Dubai Smart Government and Dr. Rashed Al Leem, Chairman of Sharjah Electricity and Water Authority.