Schneider Electric, known for spearheading the digital evolution of energy management and automation, has unveiled a technology partnership with Hailo Technologies, a prominent AI chip manufacturer. This collaboration aims to embed Hailo's cutting-edge processors into Schneider Electric's suite of solutions.
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The integration of AI presents substantial advantages in amplifying the performance, efficiency, and functionalities of industrial automation systems. This technology empowers industries across various sectors to strategically prepare for the future.
By incorporating the Hailo-8 AI processor into its industrial automation solutions, Schneider Electric aims to unleash new intelligence at the edge, fostering innovation for its clientele. This integration is expected to yield substantial and immediate enhancements across various prevalent manufacturing tasks, including:
- Pick and place: Object detection tasks can be attained six times faster than central processing units (CPUs)
- Quality control: Classification processes can be worked 20 times faster than a CPU
- Yield optimization: Output and throughput can be enhanced by reducing waste by 15% on average
Hailo Technologies holds a prominent position in the AI chip industry, particularly for edge devices, facilitating groundbreaking computational capabilities across sectors such as automotive, security, retail, and manufacturing.
The Hailo-8 processor, a pinnacle of their technology, stands as an efficient and compact AI processor characterized by low power consumption. This processor enables real-time, high-precision data analysis at the edge, contributing to enhanced operational efficiency.
We are always looking to partner with companies that can help us deliver the most cutting-edge solution available on the market. The Hailo collaboration reinforces our commitment to innovation and next-generation technology. It signifies an important step in delivering intelligent, energy-efficient solutions that will shape the future of industries.
Aurelien LeSant, Senior Vice President, Innovation & Technology and Chief Technology Officer, Industrial Automation at Schneider Electric
Eyal Barnea, VP of Business Development, says, “We are proud to work with Schneider Electric, an industry pioneer that has recognized the transformative potential of integrating AI capabilities into its industrial automation solutions. Our technology will empower its customers to create new powerful, cost-efficient, and smart AI-based solutions quickly and easily.”
Schneider Electric confirmed the collaboration with Hailo Technologies at the Smart Production Solutions (SPS) event in Nuremberg, Germany, on November 14 – 16. At booth 540 in Hall 1, visitors noticed how it delivers a solution that combines multi-carrier machine applications, robotics, and AI to pick a chip from a circuit board rapidly and proficiently.