OREANDA-NEWS. Schneider Electric, the global leader in energy management and automation, today announced the appointment of Prith Banerjee as its new Chief Technology Officer. Prith will be in charge of accelerating Schneider Electric’s R&D throughput and of driving the Innovation and R&D simplification programs under the Company Program “Schneider is On”. He is also a member of the Schneider Electric Executive Committee.

Prith brings with him a wealth of experience in Technology R&D. His joining comes at a critical point of transition for the Indian and global industry, in which the business and societal landscape are being transformed by urbanization, digitization and industrialization.

Prior to joining Schneider Electric, Prith was associated with Accenture as the Managing Director of Global Technology. He was responsible for overseeing Accenture Technology R&D group, leading the Technology Labs which explores new and emerging technologies, directing Accenture’s annual Technology Vision research, and supervising Accenture’s Open Innovation program with startup companies and universities.

In the past, he has also been associated with organizations like ABB as the Chief Technology Officer and Executive Vice President, and HP as Senior Vice President of research and Director HP Labs. Prith has spent a major part of his career as a Professor, Department Chairman, and Dean at the University of Illinois, and Northwestern University. He holds a Ph.D. in Electrical and Computer Engineering from the University of Illinois at Urbana-Champaign.

Schneider Electric invests heavily in R&D and innovation, thereby connecting its products and systems through the Internet of Things, making energy more distributed and connected. The In India, for India solutions that are expected to evolve under Prith’s able guidance relies on optimized automation and control, advanced remote management, predictive maintenance, enabling managed services, advanced analytics and generation of actionable information to drive informed decision-making in our homes, manufacturing facilities, data centers, buildings and cities.

Schneider Electric India R&D facilities and systems serve not only India but the world. With a specialised work force of 1500 people dedicated to R&D and state of the art facility "Innovare" that houses the team and labs, the company has put all its might behind innovation for the future. In sync with the strong government focus on Make in India, Schneider Electric is confident that its superior basket of innovative, cutting edge technological solutions will transform the industry.

About Schneider Electric 

Schneider Electric is the global specialist in energy management and automation. With revenues of €25 billion in FY2014, our 170,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable.