Bajaj Electricals Ltd (BEL) has announced its partnership with wtec, is a global developer of technology dedicated to innovation, reducing environmental impact, and enabling smart building use cases throughout the built space.
The company has selected the “smartengine” platform as its infrastructure technology for energy-efficient smart lighting and fine-mesh sensor network, BEL said in a release.
Through this strategic alliance, BEL aims to bring disruptive technology to significantly impact infrastructure operations in terms of smarter solutions, efficiencies in operations, and cost savings.
According to Rajesh Naik, Head of Illumination Business at Bajaj Electricals Ltd. said, “Being the pioneer in the lighting segment, Bajaj Electricals has been committed to creating innovative products and providing end-to-end solutions for its customers. With our reach and proven network-powered technology from wtec, we are confident about making a good impact on this fast-growing segment.”
Alex Klein, Director of Sales for wtec added, “This partnership between Bajaj Electricals Limited and wtec is an important milestone in the illumination and infrastructure segments that will help reimagine the next chapter of smart lighting via futuristic internet of things (IoT) offering.”
Role of Anchor Group
Swiss based Anchor Group has played an instrumental role in activating this partnership. With operations in Switzerland, India and three other countries, the Group has a very strong cross-border investment and strategic alliances model targeting cutting edge technology companies across Europe and India. The Group’s efforts are dedicated towards growth and expansion stage technology companies, financial institutions, and private investors seeking growth and direct investment opportunities under the cross-border model.
Smartness and sustainability
Bajaj Electricals has a strong presence in India in smart lighting and outdoor infrastructure segment. Over the years, it has grown to offer smart and sustainable products and solutions to its discerning customers. wtec’s smartengine platform comprises network-powered, low voltage smart building technology that delivers real-time IP data from its fine-mesh sensor network while powering and controlling LED fixtures with best-in-class energy efficiency and achieving savings up to 75 per cent. Open APIs connect to building systems for additional savings from HVAC optimisation, and to smart building apps for wayfinding, asset tracking, space management and analytics, the BEL release added.
Synergies
Customers will enjoy synergies from this partnership as the solutions offered will have scalable architecture, making technology quick to install and commission, easy to administer, and flexible for building changes.
Featured photograph (source: wtec.io) is for representation only
