APC 2013 Annual Report Download - page 5

MESSAGE FROM JEAN-PASCAL TRICOIRE
CHAIRMAN AND CEO
In 2013, we realized two acquisitions of significant size, network of partners, integrators, and professionals present a
Electroshield– TM Samara and Invensys, which reinforce our combine force that delivers a full value to our end markets.
leadership in our Infrastructure and Industry businesses. We continuously invest in technology and solution expertise to
The full acquisition of Electroshield – TM Samara, further to the deliver innovation across all the value chain, enabling constant
50% acquired in October 2010, reinforces our offer in progress for our customers to reach their goals. In 2013, we
medium-voltage, as well as in the key end-markets of oil & gas, launched many new products, and new releases of EcoStruxure
utilities, mining and electro-intensive industries. It also changes architecture and StruxureWare integrated software suite. This
radically our size in Russia, which is now Schneider Electric’s was the result of our continued investment in R&D and solutions
fourth largest market employing over 11,000 people in 4 and involved mobilizing over 30,000 engineers around the world.
industrial sites and further balancing our global presence. The world of energy is undergoing a variety of changes emerging
The acquisition of Invensys completed on January 2014, from the industrialization of new economies, an unprecedented
concluded in January, creates a global champion in technologies level of urbanization, and an acceleration in digitization. The
that drive efficiency and productivity for industry, combining convergence of IT and energy technologies, the internet of things
expertise in process, safety and energy. The acquisition applied to energy, allows increasing control and anticipation in
reinforces our industrial automation capabilities and boosts our the use of energy and resources, a world Schneider Electric has
position in key electro-intensive segments. The acquisition brings pioneered with the “transparent factory” architecture, back in the
along a large installed base and leading capabilities in the fast 1990s.
growing market of industrial software. Looking forward to 2014 and beyond, we see great
2014 opens a new chapter for our company. With the opportunities for growth, as we engage our customers with
completion of the Invensys acquisition, we have built an broader solutions, as well as for a better return on the capital we
integrated portfolio of energy and efficiency solutions to serve the employ, as we focus on our collective efficiency and integrate
customers of our four key markets: Building, IT, Infrastructure further the capabilities we have assembled.
and Industry. We now have everything we need to help our We look forward to continuing this journey with you, and open a
customers make the most of their energy, and reach new levels new chapter towards a strong 2014.
of efficiency. Our deep partnerships and alliances with a large
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2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC