Schneider Electric, a global leader in the digital transformation of energy management and automation, concluded its participation at MIPIM 2023, one of the leading international real estate exhibitions, held in Cannes, France.
Through the exhibition, Schneider Electric showcased equipment and software for the real estate sector, highlighting major partnerships with some of the region’s biggest developers. The exhibition was an opportunity to highlight Saudi Arabia’s growing real estate sector and open new horizons for potential real estate investment in the Kingdom.
Representatives from Schneider Electric’s global leadership team shared insights in a number of panel discussions on the sidelines of the MIPIM exhibition, including “COP27 The Way Forward.” Estelle Monod, senior vice president of building segments at Schneider Electric, participated as a speaker among a lineup of experts including Khaled Abbas, chairman and managing director of the Administrative Capital Company; Victoria Burrows, director of advancing net-zero at the World Green Building Council; and Dr. Ahmed Shalaby, president and CEO of Tatweer Misr.
The thought-provoking session addressed the pressing issues of sustainability in the new fourth-generation cities, the need for smart buildings to combat climate change, and accelerating the transition to net-zero emissions. The discussion emphasized the real estate sector’s critical role in balancing all of this while maintaining real estate growth rates, with the invaluable contribution of companies like Schneider Electric in helping developers achieve their environmental goals.
Commenting on the participation at MIPIM 2023, Amel Chadli, vice president of strategy and digital energy for the Middle East and Africa, Schneider Electric, said: “Schneider Electric focuses on technology solutions that drive digital transformation and energy management for grids, buildings, infrastructure and services, aligning with the company’s long-term sustainability commitments and contribute to reducing carbon emissions. Participating in MIPIM, we were able to showcase our expertise in smart buildings and cities and showcase projects in Saudi Arabia, a pivotal market with huge opportunities for growth and expansion.”
As part of its participation in MIPIM, Schneider Electric hosted a grand dinner reception, which saw the attendance of representatives from major real estate companies operating in the Saudi Arabian and Gulf markets. The event served as an ideal platform for industry leaders to discuss the prospects of growth and expansion in the local and regional real estate markets. It was attended by a delegation from Schneider Electric’s global leadership team led by Manish Kumar, executive vice president of digital energy, and Monod, as well as the company’s management team from the MEA zone.
Schneider Electric continues to drive innovation through its smart building and smart city solutions. At the forefront of the company’s offerings are its cutting-edge solutions, including an integrated building management system that includes a state-of-the-art data center, sensors, smart meters, a central battery system, electric vehicle charging stations, power factor correction, solar energy system, and a full-fledged fire alarm system, in addition to EcoStruxure digital solutions that enable the control of these systems and components to ensure the highest levels of operational efficiency of the real estate assets and subsystems within the projects.
