Innovation Summit Bold Ideas Challenge (POWER)

Start-ups: Innovate in Energy and Power Distribution!

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Are you ready for...

  • Buildings and data centers that are connected and self-managed in real time?
  • Rapid growth in electricity demand?
  • A digitized economy that increases operational efficiency for better business results?
  • A world of renewable, decentralized energy, where the prosumer is king?

 

If so, then this challenge is for you!

Schneider Electric is inviting start-ups from across the world to take on a new challenge – coming up with sustainable and eco-friendly solutions to tackle the following topic:

 

Imagine greener solutions to power the new digital economy!

 

Finalists start-ups will have the amazing opportunity to pitch their project in front of Schneider Electric’s top management and executives at the Schneider Electric Innovation Summit in Paris in early April, and maybe even see their solutions developed in the near future! Also, the winning team will be rewarded with €15,000 and will be invited to be part of the Schneider Electric Business Incubation Initiative!

 

So, #WhatsYourBoldIdea?

 
 

Are you ready to Power the New Digital Economy?

Our world is undergoing more profound change than ever before, driven by unprecedented urbanization, digitization and industrialization in terms of both speed and scale.

IoT and connectivity are making new things possible
 
Electrical Distribution and its design is evolving
The fundamentals of power distribution

From increasing levels of connectivity and changes in how we design and build electrical distribution networks to the fundamental shift in how we produce and manage power, the way business used to be done is becoming out of date. In light of this, Schneider Electric is challenging you to tackle one of the themes below, which have been identified as important topics for the years to come.

 

Choose the theme you want to tackle

Bear in mind that your project will need to focus on large buildings such as commercial offices, schools, and hospitals.

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Energy Efficiency

 

How could you improve the energy efficiency of these buildings?

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Power Distribution

 

How could you better enhance the power distribution for these buildings?

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Microgrids

 

How could you help these buildings generate their own energy and at the same time become a source of energy for others?

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Effective Equipment

 

Focusing on these buildings’ existing assets, what solutions could you suggest to save energy and optimize energy use?

Your mission

Your task is to design your project based on data from large buildings and information that you find online (or elsewhere – be as creative as you like!). We recommend you focus your reading and documentation on capturing, analyzing, and correlating data from the electrical and HVAC (Heating Ventilation and Air Conditioning) equipment in these large buildings. This will give you the necessary insights into how these buildings operate under different conditions and what actions can be taken to improve them.

See below for some questions that you could answer to get started with your project:

• Does your solution already exist?

• If it doesn't: What added value will it bring to prospective users, ecosystems and people?

• If it does: How can it be enhanced by using Schneider Electric electricity’s data set?

• How does the business fit into the ecosystem?

• Is it technically feasible?

Don't hesitate to think outside the box! If put together properly, brand new and original businesses will be highly appreciated. End-to-end solutions as innovative components of the value chain will also be welcomed.

Just keep in mind that your solution will need to be data-driven and based on technologies such as intelligent sensors & controllers, big-data platforms & analytics, smart (sub) metering and so on.

What could you win?

The first winning start-up will be invited to be part of the Schneider Electric Business Incubation Initiative and will be rewarded with a €15,000 cash prize!

And for all the winning start-ups, in addition to present their project at the Schneider Electric Innovation Summit in Paris in early April 2018, each winning teams will be rewarded with cash prizes!

  • 1st

    First Team

    €15,000 cash prize

  • 2nd

    Second Team

    €5,000 cash prize

  • 3th

    Third Team

    €3,000 cash prize

  • 4th

    Fourth Team

    €2,000 cash prize

  • 5th

    Fifth Team

    cash prize

    €2,000 cash prize

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1st

€15,000 cash prize

The first team will be rewarded with €15,000

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2nd

€5,000 cash prize

The second team will be rewarded with €5,000

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3th

€3,000 cash prize

The third team will be rewarded with €3,000

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4th

€2,000 cash prize

The fourth team will be rewarded with €2,000

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5th

€2,000 cash prize

The fifth team will be rewarded with €2,000

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.

With global presence in over 100 countries, Schneider Electric is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider Electric a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

 

 

 

More information 

GRAND FINAL IN PARIS!
April, 2018

The 10 Teams in the running will present their project in front of a Jury composed of Schneider Electric's top management team and other prestigious jury members at the Schneider Electric Innovation Summit in Paris in early April.

Do you want to increase your chance of winning?

Two other challenges that you might be interested in will be soon available!

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Innovation Summit Bold Ideas (INDUSTRY)

Only for Start-ups

 

Participate in the challenge!

 

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Artificial Intelligence Challenge

Only for Data Scientists

 

Participate in the challenge!