Schneider Electric expands its IoT-enabled offerings to tap the USD 30 billion green buildings market

(Image: Moneycontrol)

AU Staff| New Delhi

Schneider Electric India, the global specialist in energy management and automation, as part of expanding its cloud and IoT-enabled offerings has unveiled two new completely ‘type tested’ products – Automatic Power Factor Corrector (APFC) panels and Automatic Harmonic Filter (AHF) – before its trade partners here in Delhi.  Delhi was the second city after Bengaluru where Schneider Electric India had showcased their complete portfolio of IoT enabled products and solutions for its partners.

Speaking to media during the showcase, Anil Chaudhry, MD & Country President, Schneider Electric India said that the new products are conceptualised, developed and implemented in India.  The new products, he said, are India’s ‘type tested’ products to enhance safety, security, reliability and performance of buildings, he said. Part of the whole ‘EcoStruxure’ software platform, the new products, the company guarantees big savings in terms of energy consumption and cost in all sorts of buildings – residential, commercial, data centres, etc.

The new products and solutions are compliant and in tune with the new energy conservation building code 2017 (ECBC 2017) launched by the government recently, he said.  With this state of the art innovative product, Schneider Electric aspires to tap into the USD 30 billion Green buildings market in the country.

“India is a strategic market for Schneider Electric.  India is expected to see a lot of work in new infrastructure in coming years.  Schneider being the global technology provider for state-of-the-art infrastructure projects, we see a strong opportunity for us,” Chaudhry said.  He said that Schneider as a company is known for introducing innovative and ‘first time’  products wherever they are, and the new IoT enabled products are an example for that.

Highlighting the key focus of the company, Chaudhry said that the company is currently focusing on three areas which includes, making all the traditional products digitalised and IoT enabled so that they can be connected to the first level technology; providing specialised information to experts, operators, facility managers, etc. on that solution, and thirdly, take those solutions to the cloud so that it can be taken to larger number of stakeholders in the industry.

“We make sure that each and every product coming out of Schneider today are digitised and  IoT enabled   so that they are connectible at the level the industry stakeholders want it to be connected,” Chaudhry said.

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