The concept of an “extended enterprise”—that is, a network of partner relationships—is not new. A single company cannot operate successfully in a silo to serve its customers best. Instead, a successful corporation depends on an ecosystem of partnerships, including suppliers, system integrators, and innovation partners such as universities, startups, technology alliances, and more. For Schneider Electric, this extended enterprise ensures that Life Is On everywhere, for everyone, and at every moment. The concept of extended enterprise is rising today because of several converging factors: 1. The world is becoming more local. Even as globalization strengthens, evolving localized needs are prompting the end of a “one size fits all” centralized approach. The key question then for multi-national corporations to answer is, “How will I address this variety of needs?” 2. The rapid rise of digital and ever-changing technologies calls for more agility and responsiveness . For better agility,...