Web Exclusive | August 2017
Schneider Electric expands portfolio with IoT-enabled solutions
Schneider Electric has expanded the range of its smart pumping solutions, under its automation portfolio, with the launch of AltivarTM, ModiconTM, and MagelisTM pumping products. The new devices, when combined with MachineStruxureTM automation solutions, helps build and manage flexible, connected, and efficient pumping systems across industries such as infrastructure, building, water and wastewater, oil and gas, and food and beverage.
Meenu Singhal, Vice president Industry Business, Schneider Electric India said, “We are at a juncture of mega-trends like industrialisation and urbanisation, where energy efficiency is at the core of every business, and to ensure efficiency it is key leverage the current industrial trends of, connectivity, IIoT and automation.”
“Our smart pumping solutions are aimed at enabling our end users with advanced technology, improved system performance, and optimised costs. Our expertise help them achieve a competitive advantage and business sustainability,” he added.
The India pumps market is projected to exceed Rs 190.2 billion by 2019 driven by industrial and macro-economic factors and is projected to grow at 12 per cent CAGR till 2020 that is expected to drive demand for smart pumping solution pertaining to industrial, agricultural and domestic pumping solutions.