• Showcases products and solutions aimed at empowering the ‘Buildings of the Future’
• Connects with industry leaders, partners, and customers to deliberate upon innovations that can empower commercial real estate for a sustainable future 

HYDERABAD, 1^st SEPTEMBER, 2022 (GPN): Schneider Electric, the global leader in digital transformation of energy management and automation, today brought together industry leaders, partners and customers to discuss and deliberate upon the future of buildings and the way the commercial real estate segment in shaping up in Hyderabad. The event titled: ‘Innovation Day: Buildings of the Future’, witnessed a footfall of over XX and showcased products and solutions that aims at disrupting the real estate segment by heightening the operational and energy efficiency, thereby, reducing cost.

The smart building market has expanded rapidly in recent years, surpassing the $50bn mark in 2018 and is predicted to reach $109.48bn by 2026. Smart buildings are the enabler of smart cities which use data to generate and realise efficiencies in the provision of services. Smart buildings are highly energy efficient, using technology to carefully monitor and optimise the usage of energy and resources.

The event delved into revamping structures and creating future-ready buildings to leverage the framework of an All-Digital, All Electric World for more sustainable, resilient, hyper-efficient and people-centric buildings. The sessions encompassed insights and discussions that focused on the burgeoning trends in the real estate sector and how it is gearing up to embrace digital innovation and heighten adaptability, accessibility and ease for businesses and customers while empowering centricity and consciousness towards the environment.

Bhupesh Arora, Business Head, Digital Energy, Schneider Electric India, stated, “There is a growing need for technological innovation and financial nourishment towards the smart building market in the country. When it comes to sustainable building solutions, the need to transform every facet and aspect of homes and buildings has greatly become the need of the hour. Today, all our actions should be directed towards creating a climate-positive world. Buildings of the future will be helmed by the technologies that we are witnessing and paving the way for today.

It was highly engaging and insightful connecting with all the industry leaders of the commercial real estate segment at this event. And it was encouraging to witness that all of the leading infrastructure developers in Hyderabad have a clear plan for making buildings sustainable and futuristic. Digitalization is undoubtedly a key facilitator for attaining a more sustainable future.”

“I would like to thank Schneider Electric for this deeply engaging event highlighting the various aspects of ‘Buildings of the Future’. For the sustainable growth of this segment, resilience, hyper-efficiency, and people-centricity must be incorporated at the planning stage. Today, development is happening swiftly, and digitization will effectively bridge the gap between sustainability and profit.” said, M K Ravi Sai, Sr. President – Projects, Myhome Constructions Pvt Ltd, Hyderabad.

The Building of the Future conference was a one-of-its-kind initiative. A platform that brought together some of the top leaders and veterans from Hyderabad’s CRE industry. It is under the realm of their leadership and guidance that has made it possible for Hyderabad to become one of the formidable cities of growth in the country. I’d like to thank Schneider Electric for partnering with us in conceptualising this conference and the grand felicitation ceremony. We look forward to honouring many such stalwarts across India,” says Bibhor Srivastata, MD, ITP Media Group – India.

Commercial real estate has a critical role to play in fight against climate change and help India achieve its sustainable development goals. The world is already experiencing the hazardous effects of climate change especially on economic and social fronts, and the decarbonization journey must be accelerated quickly across sectors to avert the risks. As per estimates, buildings drive approximately 39 percent of total global emissions and around 11 percent of these emissions are generated by manufacturing materials used in buildings (including steel and cement), while the rest is emitted from buildings themselves and by generating the energy that powers buildings. Building smart, connected offices can not only help companies to achieve operational efficiency but also lower carbon emissions and cut unwanted costs.

Schneider Electric’s Innovation Day aims to provide a collaborative platform for its consumers, while also showcasing the latest technological trends in the industry to better prepare for holistic sustainable growth.Ends

About Schneider Electric

Schneider’s purpos­e is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure, and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive, and Empowered values.