Prith Banerjee

Prith Banerjee

Prith Banerjee was Executive Vice President, Chief Technology Officer and member of the Executive Committee of Schneider Electric, reporting to the Chairman and CEO. In this role he was responsible for driving innovation and technology differentiation, and coordinating the R&D activities of the company across its five businesses with 11,000 R&D personnel, and a 1.2 billion Euro R&D investment.

The Innovation Game in Which Industry Scores Big: Part 2

Part 2: The wonder of Industrial Internet of Things (IIOT) Last week, I mentioned that Schneider Electric’s open innovation playing field is not unlike soccer – a sport I loved… Read more »

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The Innovation Game in Which Industry Scores Big: Part 1

Part 1: Broadening the playing field I love innovation. Like most of my engineering peers, I discovered the joy of technology as a child who developed a passion for electronics… Read more »

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The Amazing Story of 30 Billion Things

Envision this: about 30 billion things will be connected to the Internet in just a few years (IHS, March 2016). The information superhighway or web of yesteryear has fast become… Read more »

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Driving Innovation at Every Level with IoT

In my previous blog post, I discussed the four pillars of opportunity for IoT and the potential that IoT has for creating greater value over time through ongoing innovation. Three… Read more »

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IoT: The Four Pillars of Opportunity

Recently I had the opportunity to present at 2016 IoT Solutions World Congress in Barcelona. During my keynote presentation “Leading in IoT with Innovation at Every Level” I discussed how the… Read more »

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The Future of IoT: Our 5 Predictions

In my previous blog post, I discussed how IoT describes a world in which more and more devices are sensor-enabled, connected, and able to share information about their current state… Read more »

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A New Era of Meaningful Opportunities: The Future of IoT

In my recent blog post I explored the concept how to innovate with efficiency and agility. Every business wants to be “innovative.” But it takes more than new ideas or… Read more »

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3 Key Elements That Will Help Governments Achieve Clean Energy Targets

It is projected that total grid transmission and distribution investment in the US will need to reach $900 billion by 2030 to meet forecast electricity demand. In Europe, some €400… Read more »

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The Secret to Agile and Efficient Innovation

I am responsible for driving the research and development (R&D) agenda for a €27 billion global specialist in energy management and automation. My key challenge is to find the most… Read more »

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How to Get Your Factory Floor Innovation Idea Approved (and Funded) by Your CEO

Plant managers often struggle to convince CEOs across the industry to fund innovation projects. Most struggle to connect their proposal to business value. Other C-Level executives I talk to also… Read more »

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