The partnership is aimed at transforming Nexans into a company that is driven by actionable data for improved performance
French cable manufacturing company Nexans has partnered with Schneider Electric on a digital transformation programme, as part of its Industry 4.0 initiatives.
The objective of the programme is to speed up the transformation of the Nexans business for improved performance, safety and flexibility, through clear, rich and actionable data.
Nexans said that the digitalisation of its factories is expected to further improve the efficiency of production lines, enable predictive maintenance and reduce carbon emissions.
In addition, it is anticipated to support Nexans in meeting its commitment to achieving carbon neutrality by 2030.
For customers of Nexans’s cable products and services, the digital transformation programme is expected to result in several benefits, including improved products availability.
Nexans CEO Christopher Guérin said: “Nexans has already embraced digitalisation in many areas of our business, using 3-D printing, big data and virtual reality.
“Now, the time is right to take our digital journey to the next level so that the benefits could be realised by all industrial assets worldwide.
“Partnering with Schneider Electric will allow us to advance rapidly in Industry 4.0 opportunity field, and leveraging their global footprint and technology to deploy solutions across all our sites and to accelerate our carbon neutrality.”
A partnership with Schneider Electric has been finalised by Nexans, after the implementation of digital transformation programme across more than 115 sites worldwide.
The programme saw the implementation of predictive maintenance solutions that resulted in a nearly 80% reduction in maintenance time and a 15% reduction in energy costs.
To help Nexans accelerate its digital journey, Schneider Electric will provide its EcoStruxure platform that is designed to offer industrial enterprises focused insights to understand the process and operational data.
The EcoStruxure platform also enables common cross-function, live monitoring and application data sharing, leading to improvements in operational performance, improved quality control, reduction in energy and raw materials use, and increased profitability.
In October 2020, the collaboration between Nexans and Schneider started with a local diagnosis of two pilot plants in Europe.
With a focus on monitoring energy usage and predictive, condition-based maintenance, the partnership will look to identify improvement initiatives that could yield a return on investment in less than three years.
The results of the two plants diagnosis are planned to be used in preparing a long-term plan for the digital transformation of the Nexans sites.