Browsing Tag
Schneider Electric SE
3 posts
Schneider Electric raises 2026 outlook as AI data centre demand drives record Q3 revenue
Schneider Electric's third-quarter revenue reached €11.46 billion, prompting another upgrade to its 2026 growth and earnings outlook. AI infrastructure demand remains exceptionally strong, but the company's multibillion-dollar software acquisition strategy creates a second financial test beyond delivering record equipment sales.
Schneider Electric to buy Cognite for $3.1bn as industrial AI strategy expands
Schneider Electric is acquiring industrial AI software company Cognite for $3.1 billion and integrating it with AVEVA, but the high revenue multiple has unsettled investors.
Emerson (NYSE: EMR) gains Aramco corrosion R&D role as automation demand moves closer to asset integrity
Find out how Aramco and Emerson Electric are turning corrosion monitoring into a digital asset reliability strategy for oil and gas.