The first-of-its-kind partnership in India to address growing IoT in renewables market within and outside the country
NEW DELHI, India, Nov. 2, 2017 – Aeris, a leading Internet of Things (IoT) platform and solutions provider, today announced its strategic partnership with FluxGen Engineering Technologies, a leading provider of India’s renewable and sustainable energy systems. The partnership will deliver IoT products and solutions for enterprises, original equipment manufacturers and organizations based in India.
The strategic tie-up will focus on leveraging the companies’ respective strengths to address market needs in areas such as IoT re-engineering, monitoring and managing resource usage and optimizing energy usage in diverse projects.
With IoT transforming the smart-city landscape and enabling sustainable development through connected solutions, a key area of synergy of this partnership will be smart city projects. The companies will work together to enable faster deployment of renewables, such as solar and wind energy systems, and monitoring and managing them using the Aeris® IoT Services platform.
Expressing his delight on the tie-up, Dr. Rishi Bhatnagar, President, Aeris India, said “Aeris has been at the forefront of the IoT revolution in India. We have established a strong and enabling partner eco-system in India that is primed towards enabling IoT deployments in Greenfield and brownfield projects and across businesses. Our tie-up with FluxGen will benefit customers in industries that are switching or plan to switch to renewable systems. Renewables is the way forward and its combination with IoT will ensure widening of the scope and potential for gains for business and the environment.”
Commenting on the partnership, Mr. Ganesh Shankar, Managing Director, FluxGen Engineering Technologies, said, “At FluxGen, we believe in the transformative power of IoT and renewables. Our partnership with Aeris will help us move faster towards our vision to improve adoption of technologies associated with renewable energy systems in a cost optimized manner.
The first-of-its-kind partnership in the IoT space in India will see more traction being built up for IoT products, solutions and managed services and will see businesses deriving return of investment faster. This will provide more impetus to IoT adoption in the country.
Aeris is a global technology partner with a proven history of helping companies unlock the value of IoT. For more than a decade, we’ve powered critical projects for some of the most demanding customers of IoT services. Aeris strives to fundamentally improve businesses by dramatically reducing costs, accelerating time-to-market, and enabling new revenue streams. Built from the ground up for IoT and road tested at scale, Aeris IoT Services are based on the broadest technology stack in the industry, spanning connectivity up to vertical solutions. As veterans of the industry, we know that implementing an IoT solution can be complex, and we pride ourselves on making it simpler.
FluxGen Engineering Technologies Pvt. Ltd. is a startup founded by IISc, IIT and IIM alums to promote sustainable use of energy and resources. FluxGen delivers cutting edge solutions primed towards energy conservation, usage monitoring, preventive maintenance suitable for rural electrification and projects in remote areas that use renewables and/or Micro-Grids, apartment complexes and other bulk users. FluxGen counts Indian Railways Titan, Robert Bosch, Bulher group, ITC and the Indian Institute of Science, Bangalore among its customer base.
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