The Business Year

Daniel Garrido

COUNTRY MANAGER, SCHNEIDER ELECTRIC

- Which sectors have marked Schneider Electric’s presence in Ecuador?

Schneider Electric provides digital solutions for efficiency and sustainabi­lity in various sectors. In doing so, we combine world-leading energy technologi­es, real-time automation, software, and services into integrated solutions for homes, buildings, data centers, infrastruc­ture, and industries. We have been working in Ecuador for more than 25 years, where the energy industry has been one of our main businesses, ranging from oil and industry to utilities. Nowadays, we are seeing more opportunit­ies in boosting digitizati­on and the developmen­t of the circular economy, but most of our gains have been in energy distributi­on due to Ecuador’s increasing emphasis on alternativ­e sources. This new segment is not new to Schneider Electric, since the company has extensive experience and knowledge in these fields in other countries. Regardless of the source, the company is driving processes more efficientl­y, reliably, and securely. On the other hand, the mining segment has the potential to become an important revenue generator. Schneider has an expert team in the Andean region dedicated to mining that has started working in Ecuador in order to boost digital technologi­es that optimize these processes. Our company is also supporting the digitaliza­tion of prominent industries in

Ecuador, contributi­ng to the developmen­t of new technologi­es such as IoT, and boosting the digital economy of companies across Ecuador and the Andean. In fact, 5% of the company’s revenue at the global level is invested in research and developmen­t to deliver new digital and connected technologi­es to our customers. Paired with our internatio­nal presence, this translates into a great ability to bring new solutions, tools, and initiative­s to help grow businesses in local economies.

To what extent can internatio­nal companies transfer skills and knowledge to the country?

Schneider Electric is a multinatio­nal company, which represents a great advantage, since we transfer our knowledge from country to country. We are very impressed with Ecuadorian talent. Our entire organizati­on in the country is well trained, which increases knowledge transfers on a daily basis. ✖

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