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Schneider Electric India Launches its Full Suite of Smart Homes Solutions

Smart Home Solutions Market in India poised to grow 30% YOY. Market revenue to double in 3 years

Aug 26, 2015   16:30 IST 
New Delhi, Delhi, India
  • Smart metering solutions alone can save India up to $20 billion annually by 2025

  • Safe secure and sustainable homes with Smart Technologies maintain their value and could command a higher resale value

  • Schneider Electric, the only company in India offering one-stop-shop design, supply and after-sales services for Smart Homes                                                                                                                                       

Schneider Electric, the global energy leader in energy management and automation today launched its full suite of integrated Smart Home solutions to provide end to end solutions for multi-dwelling & independent home owners. This Smart Home Solution encompasses home automation, wiring devices, final distribution, safety & energy management technologies, that capture massive efficiencies across the value chain. As India seeks to manage urbanization, digitisation, & the rise of disposable incomes as well as heightened middle-class expectations via ambitious housing and infrastructure development plans on the one hand, while on the other, pressures from land constraints, paucity of modern infrastructure and inadequate energy supplies are expected to exacerbate. In such an economically volatile scenario, smart and sustainable homes can be expected to be the need of the hour as well as a valuable investment for the future.

 

Elaborating on the Smart Home suite of solutions, Philippe Delorme, Executive Vice-President, Buildings & Partner Business – Schneider Electric Global, said, “The launch of integrated Smart Homes ensure a further strengthening of our position as a global specialist in energy management and automation. The core of smart homes is the fast-growing network of intelligently connected devices, machines and objects, which we call the "Internet of Things". Energy-efficient technologies for homes, buildings and vehicles can save upto $15 billion worth of energy annually. Through smart metering India can save $20 billion per year by 2025. Collectively, the application of all these technologies can have an economic impact of $50 billion to $95 billion per year in 2025 for India.”

 

In the coming decade, urbanisation, digitisation and industrialisation will be the three main drivers requiring modern infrastructure. Given its global expertise in energy management & automation solutions, Schneider Electric is the only company ideally positioned to offer one-stop-shop design, supply and after-sales service through its strong partner network. Its comprehensive Smart Homes suite offer includes Lighting Room Control (LRC), Wiring Devices (WD), Surveillance and Security, Final Distribution (FD), Energy Management and Renewable Energy options. The protocols supported will include all the popular ones, including KNX, Zigbee and Modbus. Tying all of these together and placing unmatched power & convenience in the hands of the home-owner, is a specially developed app, that can reside on any smartphone or tablet.

 

Emphasizing the importance of sustainable and value-protected Smart Homes in light of the growing economic insecurities in today’s environment, Mr Shrinivas Chebbi, Vice President, Partner & Buildings – Schneider Electric India, said,Although Smart Homes may require a one-time initial investment, enhanced security, comfort and convenience leads to value in the long run. Retrofitting existing homes with Smart solutions can cost much less – in some cases, only one-hundredth the cost of a newly-constructed Smart Home. These offer multiple benefits that recover their extra costs within a few years.” Mr Chebbi also added that “In a price sensitive market like India value for money and the security and stability of one’s investment is paramount. “

 

About Schneider Electric

As a global specialist in energy management and automation with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Non-residential & Residential Buildings, Industries & Machines Manufacturers, Utilities & Infrastructure and Data Centers & Networks. Focused on making energy safe, reliable, efficient, productive and green, the Group's 170,000 employees achieved revenues of 25 billion euros in 2014, through an active commitment to help individuals and organizations make the most of their energy. Visit: www.schneider-electric.com


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