APC 2001 Annual Report Download - page 37

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Annual Report 2001 ●Challenges 28•29
Investing in leading-edge
technologies
and emerging markets
Schneider Electric Ventures is an investment fund
specializing in areas such as VDI and home
automation technologies, microgeneration and
energy management and high-value-added services
for networked automation systems. In 2001,
Schneider Electric Ventures invested in six new
companies with other funds:
• Ipsil, which designs components that dramatically
reduce Internet connection costs for a wide range
of systems.
• Ordinal Technologies, which is specialized
in industrial IT applications based on Internet
and Java technologies.
• Tronic’s Microsystems, which develops
micro-electro-mechanical-systems (MEMS)
for applications such as sensors, accelerometers
and micromirrors.
• Bowman Power, which develops and sells
compact gas microturbines and related
electronics, offering high yield and excellent
environmental performance.
• Tracetel, which uses radio-frequency identification
(RFID) technology to provide new, highly
competitive solutions for equipment maintenance
and identification.
• ConnectBlue, which is involved in Bluetooth-based
communication products and services
for industrial use.
Helping OEMs track machine
performance
Our Senside joint venture with France Telecom
allows manufacturers of complex machines
to maintain permanent contact with the installed
base at customer production facilities around
the world. The goal is to track machine performance
to optimize productivity.
Senside offers secure data transmission.
In the event of a malfunction, the manufacturer can
suggest solutions and operate the machine controls
in cooperation with the local supervisor on customer
premises. This innovative service, launched in early
2002, is available on a subscription basis.
Promoting
cooperation
The Cooperation Division set up in France in 2001
helps customers identify and deploy value-creating
solutions, notably during development projects,
with audits, consulting and suggestions for energy
savings, productivity gains and process
reorganization. The Company leverages its
expert-analysis capabilities and the complementary
know-how of partners with whom it has already
developed projects. Sales in this area could reach
300 million by 2004.
>
>
>
> Grow our Services business by 15% a year.
> Increase our group operating margin on sales
for the Services Business by 8 points.
> Expand our potential accessible market from
100 billion to 210 billion
Targets for 2004