Schneider Electric – New study reveals $11.28M annual opportunity for industrial companies to boost competitiveness by modernizing closed automation systems

Schneider Electric

  • Hidden cost penalties: closed industrial systems cost mid-sized industrial companies 7.5% of revenue through downtime, inefficiencies, and compliance retrofits every year
  • Rigid infrastructure slows response: 77% of systems need physical updates; fragmented platforms increase complexity and delay action
  • Open, software-defined automation offers a way forward: by decoupling software from hardware, it enables faster decisions, real-time insights, and competitive resilience

 

Schneider Electric, a global energy technology leader, today unveiled new global research titled “Open vs. Closed: The $11.28M Question for Industrial Leaders.” The report reveals that closed industrial automation systems are quietly eroding competitiveness, costing mid-sized organizations an average of 7.5% of their revenue.