In this Research Note, we examine the Smart Buildings business of Schneider Electric, based on their 2023 Full Year Results, presentations, Q3 and Q4 earnings calls. Significant partnerships, acquisitions and divestments in the smart buildings space are also highlighted throughout 2023. Schneider Electric Energy Management Division The Buildings end market of Schneider Electric is addressed by a portfolio of products, systems, software and services offered by the Energy Management (EM) division, including: Medium and low voltage products – eg. wiring devices, circuit breakers, busways. Building Automation – EcoStruxure Building IoT platform, building control products, home automation products and solutions. Grid Automation – DERMS, Microgrid software. Critical Power Distribution – Power metering and monitoring equipment. Lifecycle software from design and build to operate and maintain. Energy and Sustainability services. Schneider Electric Capital Markets Day 2023, Key Segments Presentation 2023 Financials: Takeaways for Smart Buildings The Energy Management division reported €28.2 billion in revenues for 2023, a […]