Innovation Summit Bold Ideas Challenge (POWER)
Students: Innovate in Energy and Power Distribution!
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This Challenge is now over, find out about the results here!
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 students 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 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 first winning team will be invited to be part of the Schneider Electric HR Go Green In the City Initiative and will be rewarded with €1,000 cash prize!
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networks to the fundamental shift in how we produce and manage power, the way business used to be done is becoming out of date.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.
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 team will be invited to be part of the Schneider Electric HR Go Green In the City Initiative and will be rewarded with a €1,000 cash prize!
And for all the winning teams, in addition to present their project at the Schneider Electric Innovation Summit in Paris in early April 2018, each winning team will be rewarded with cash prizes!
- 1st
- 2nd
- 3rd
- 4rd
- 5rd
1st
Each member of the first team will be rewarded with €1000
2nd
Each member of the second team will be rewarded with €600
3rd
Each member of the third team will be rewarded with €400
4rd
Each member of the fourth team will be rewarded with €300
5rd
Each member of the fifth team will be rewarded with €200
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.
GRAND FINAL IN PARIS!
April 6th, 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 on April 6th.
Do you want to increase your chance of winning?
Two other challenges that you might be interested in will be soon availale!