Hailo Technologies’ AI Processors to Power Schneider Electric’s Industrial Automation Innovations

(IN BRIEF) Schneider Electric is partnering with Hailo Technologies, an AI chipmaker, to incorporate Hailo’s advanced processors into Schneider Electric’s industrial automation solutions. This collaboration aims to enhance industrial automation performance, with key benefits including six times faster object detection, 20 times faster quality control processes, and a 15% reduction in waste on average for yield optimization. Hailo Technologies specializes in AI chips for edge devices and offers efficient and compact processors with low power consumption. The collaboration was showcased at the Smart Production Solutions event in Germany.

(PRESS RELEASE) RUEIL-MALMAISON, 16-Nov-2023 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, has announced a strategic technology partnership with Hailo Technologies, a leading AI chipmaker. This collaboration aims to integrate Hailo’s advanced AI processors into Schneider Electric’s industrial automation solutions, unlocking new capabilities and driving innovation for customers.

By incorporating the Hailo-8 AI processor into their solutions, Schneider Electric plans to enhance industrial automation performance significantly. Some of the key improvements include:

1. Pick and place tasks completed six times faster than traditional central processing units (CPUs) thanks to faster object detection.
2. A 20-fold increase in the speed of quality control processes, making classification tasks more efficient.
3. Improved yield optimization, resulting in increased output, higher throughput, and a 15% reduction in waste on average.

Hailo Technologies is a frontrunner in AI chip development for edge devices, offering groundbreaking technology that extends computing possibilities in various sectors, including automotive, security, retail, and manufacturing. The Hailo-8 processor is known for its efficiency, compactness, and low power consumption, enabling real-time, high-accuracy data analysis at the edge of industrial processes.

Aurelien LeSant, Senior Vice President Innovation & Technology and Chief Technology Officer, Industrial Automation at Schneider Electric, expressed enthusiasm about the partnership, “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.”

Eyal Barnea, VP of Business Development at Hailo Technologies, emphasized “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.”

The collaboration between Schneider Electric and Hailo Technologies was showcased at the Smart Production Solutions (SPS) event in Nuremberg, Germany, from November 14 to 16. Visitors had the opportunity to witness the integration of multi-carrier machine applications, robotics, and AI in a solution designed to efficiently pick chips from circuit boards.

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SOURCE: Schneider Electric