text translated from the corresponding article in french . february 2013 click show for important translation instructions . view a machine translated version of the french article . google s machine translation is a useful starting point for translations but translators must revise errors as necessary and confirm that the translation is accurate rather than simply copy pasting machine translated text into the english wikipedia . do not translate text that appears unreliable or low quality . if possible verify the text with references provided in the foreign language article . after translating translated fr schneider electric must be added to the talk page to ensure copyright compliance . for more guidance see wikipedia translation . this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . september 2016 learn how and when to remove this template message schneider electric type societas europaea traded as euronext su industry energy management and automation founded 1836 ; 180 years ago 1836 incorporated 1981 founder eug ne schneider headquarters rueil malmaison france area served worldwide key people jean pascal tricoire chairman and ceo l o apotheker vice chairman and lead director 1 6 products include building automation home automation switches and sockets industrial safety systems industrial control systems electric power distribution electrical grid automation smart grid critical power & cooling for datacenters revenue 26.64 billion 2015 24.94 billion 2014 1 7 operating income 2.23 billion 2015 2.90 billion 2014 1 177 profit 1.41 billion 2015 1.94 billion 2014 1 8 total assets 42.58 billion 2015 41.16 billion 2014 1 186 total equity 20.85 billion 2015 19.73 billion 2014 1 187 number of employees 160 843 1 8 2015 subsidiaries invensys solveit software apc areva t & d bei technologies cimac citect clipsal elau federal pioneer merlin gerin merten modicon plc nu lec industries pdl group power measurement square d tac telemecanique telvent gutor electronic llc zicom summit website schneider electric.com footnotes references annual report 2015 1 schneider electric se is a european multinational corporation that specializes in energy management and automation solutions spanning hardware software and services . native of france the company is headquartered in rueil malmaison and is also based at the world trade center of grenoble with offices throughout the world . a fortune global 500 company schneider electric is publicly traded on the euronext exchange and is a component of the euro stoxx 50 stock market index . 2 in fy2015 the company posted revenues of 26.6 billion . 3 schneider electric s products are used everywhere energy is generated distributed and consumed from the home to the office from the city to the grid and from the manufacturing plant to the cloud . the company employs the phrase life is on to express and reflect its focus on making products that power and by extension empower the world enriching people s lives . from the simplest of switches to complex operational systems the company s technology software and services improve the way consumers use energy in their daily lives and how businesses manage and automate their operations reducing costs and environmental impact . the parent company of square d pelco apc and many others schneider electric invests 5 % of its annual revenues in r & d to drive innovation at every level ensuring life is on for everyone while advancing the company s innovation and competitive differentiation with a strong commitment to sustainable development . as of 2016 the company has 20 000 patents either active or in application worldwide . its 160 000 employees serve customers in over 100 countries helping them manage their energy and processes in ways that are safe reliable efficient and sustainable . contents 1 head office 2 history 3 acquisitions 4 energy demand 5 innovation at every level 5.1 connectivity 6 operations 6.1 business organization and markets 7 environmental performance 8 corporate responsibility 9 management team 10 see also 11 references 12 external links head office edit schneider electric head office in rueil malmaison france schneider electric has had its head office in the trianon site in rueil malmaison france since 2000 . 4 5 the current headquarters also located in rueil malmaison and known as the hive previously housed schneider subsidiary t l m canique while the parent company occupied a site in boulogne billancourt . 5 history edit the roots of this company are in the iron steel and armaments factories of schneider creusot 6 and other industrial concerns . 7 in 2014 schneider electric advertised a cooperation with german power supplier rwe . 8 from its 19th century beginnings in steel through its 20th and 21st century moves in electricity and energy management schneider electric has grown into a global leader in energy management and automation through ongoing innovation and acquisition . 1836 1980 a family business becomes a major player 1836 brothers adolphe and joseph eugene schneider take over an abandoned foundry in le creusot france and two years later create schneider & cie focusing primarily on the steel industry . schneider & cie grows rapidly specializing in the production of heavy machinery and transportation equipment and eventually becomes the schneider group a diversified conglomerate . 1975 the schneider group acquires an interest in merlin gerin one of the top manufacturers of electrical distribution equipment in france . 1981 2001 the schneider group re focuses on the electricity sector 1981 1997 schneider group re focuses on the electrical industry by divesting its nonstrategic assets and undertakes a series of strategic acquisitions t l m canique in 1988 square d in 1991 and merlin gerin in 1992 . 1999 schneider group acquires lexel one of europe s largest suppliers of installation systems and control solutions . in may 1999 the schneider group is renamed schneider electric to clearly identify its expertise in and focus on the electrical field . since 2002 a strategic transformation at the turn of the 2000s schneider electric adopts a three pronged strategy to drive growth diversify risk and promote longevity ensure a more balanced exposure to its strategic end markets ; enhance its legacy portfolio electricity distribution automation and industrial control with adjacent and synergistic businesses ; and anticipate the future energy requirements of companies and individuals . this strategy led schneider electric to conduct a number of strategic acquisitions both in mature countries and in new economies targeting companies offering complementary products and solutions . acquisitions edit this section is incomplete . january 2014 acquisition date company business country source 000000001988 01 01 00001988 t l m canique manufacturer of electrical circuit breakers switchgear and sensors france 9 000000001990 01 01 00001990 federal pioneer limited manufacturer of electrical circuit breakers switchgear and transformers canada 10 11 000000001 991 01 01 00001991 square d manufacturer of electrical circuit breakers switchgear and transformers usa 12 000000001 992 01 01 00001992 merlin g rin manufacturer of electrical circuit breakers and transformers france 12 000000002 000 01 01 00002000 crouzet automatismes automation components france 13 000000002 000 01 01 00002000 berger positec stepper servo motors germany 13 000000002 000 01 01 00002000 nu lec industries switchgear and controls australia 14 000000002 001 01 01 00002001 pdl domestic and industrial electrical hardware new zealand 15 16 000000002 002 01 01 00002002 digital electronics corporation hmi japan 17 000000002 003 01 01 00002003 cdi power power systems automation brazil 18 000000002 003 06 01 0000june 2003 tac building automation and control sweden 19 000000002 003 12 01 0000december 2003 mge ups systems merged with apc in 2007 power supplier usa 20 000000002 004 01 01 00002004 clipsal wiring australia 21 000000002 004 03 01 0000march 2004 kavlico pressure sensors usa 22 000000002 004 05 01 0000may 2004 andover controls building automation and security usa 23 000000002 005 05 01 0000may 2005 power measurement energy management canada 24 000000002 005 06 01 0000june 2005 abs emea building automation uk 25 000000002 005 06 01 0000june 2005 juno lighting lighting usa 26 000000002 005 07 01 0000july 2005 bei technologies customized sensors usa 27 000000002 006 01 01 00002006 aem s.a. ultra terminal spain 28 000000002 006 01 01 00002006 ova bargellini ultra terminal italy 28 000000002 006 01 01 00002006 merten ultra terminal germany 28 000000002 006 01 01 00002006 citect scada and mes automation software australia 29 000000002 007 02 01 0000february 2007 apc power backup and protection and electrical distribution usa 30 000000002 007 10 01 0000october 2007 pelco video security usa 31 000000002 009 07 01 0000july 2009 conzerv systems power monitoring india 32 000000002 009 07 01 0000july 2009 meher capacitors power factor correction india 33 000000002 010 03 01 0000march 2010 zicom security systems security systems india 34 000000002 010 04 01 0000april 2010 scadagroup scada and control systems australia 35 000000002 010 12 01 0000december 2010 areva t & d transmission & distribution europe 36 000000002 010 01 01 00002010 andromeda telematics integrated control solutions uk 37 000000002 011 03 01 0000march 2011 summit energy energy management usa 38 000000002 011 04 01 0000april 2011 digilink network connectivity products india 39 000000002 011 05 01 0000may 2011 apw president systems enclosure systems india 40 000000002 011 05 01 0000may 2011 luminous power inverters india 41 000000002 011 06 01 0000june 2011 telvent real time information management systems spain 42 000000002 011 06 01 0000june 2011 viconics electronics bms products canada 43 000000002 011 08 01 0000august 2011 7 technologies software for simulation and optimization of water electricity networks and industrial processes denmark 44 000000002 011 12 01 0000december 2011 viridity data center management software usa 45 000000002 012 05 01 0000may 2012 m & c energy group energy procurement and sustainability services uk 46 000000002 012 09 01 0000september 2012 solveit software planning and scheduling software australia 47 000000002 014 01 01 0000january 2014 invensys multinational engineering and information technology company uk 48 000000002 014 01 01 0000january 2014 ast modular prefabricated modular data centers company spain 49 000000002 014 09 01 0000september 2014 instep software real time performance management and predictive analytics software usa 50 000000002 015 10 01 0000october 2015 juno lighting sells juno usa 51 energy demand edit schneider electric has built its business to enable energy users to address three global megatrends driving energy demand urbanization 2.5 billion people are expected to live in cities by 2050 . digitization 50 billion internet connected devices are expected to be in operation by 2020 . industrialization industrial growth is expected to increase energy demand by 50 % by 2050 . each of these trends is converging to make meeting the world s energy demands more challenging and urgent . in the next 40 years energy consumption is expected to increase by 50 % . at the same time greenhouse gas emissions must be cut in half in order to keep the global temperature from rising under 2 c as mandated by cop21 . this is the energy dilemma that the world needs to solve . to meet these challenges it s widely recognized that society as a whole must decrease carbon intensity and improve energy efficiency by a factor of 3 . the company states schneider electric believes that we can co create the future in a world that is becoming more electric more digitized more decarbonized and more decentralized helping the world to meet these challenges . schneider electric makes energy safe efficient reliable connected and sustainable ensuring energy is on therefore life is on for everyone . in addition to enabling the world to meet growing energy demand more sustainably particularly through the use of renewable power and energy efficiency solutions schneider electric recognizes the responsibility to meet the global energy challenge more inclusively as well . this means extending energy opportunity to the more than 2 billion people on the planet either living without access to energy or to whom it is too