Bajaj Electricals (BEL) has launched an IoT centre in its Mumbai office, to offer solutions to customers in both B2B and B2C segment. The company has also launched a new initiative named ‘Project Evolve’ which will look at “improving customer experience and increasing consumer engagement across” its IoT business channel. The company says that its IoT centre will have in-house analytics system for both B2B and B2C customers. BEL already provides smart lighting and ‘digital ceiling’ solutions like fire detection, security cameras/surveillance systems to enterprise customers. All these systems are connected to a central platform which is connected to the Internet. The company also tie ups with smart lighting product manufacturers. In December last year, BEL signed a partnership with UK-based Gooee to develop full-stack IoT-based lighting solutions for commercial spaces, retail outlets, hospital, etc. It also has a similar partnership with Swiss-based WISeKey International for developing smart LED lighting. The company did not mention, what kind of products are lined up from its B2C IoT segment, but smart LEDs seems to be an obvious choice. In FY15, BEL generated sales of Rs 92 crore from its LED segment. By FY17, the company said it witnessed “aggressive growth” in its LED segment throughout the year, and hinted on more investments in this segment. IoT space in India The IoT space in India is slowly picking up pace. Companies like Reliance Communications, Jio, Wipro, Spice Mobility, Cisco, etc. have already made its presence in the industry by launching new services or…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...