- Recognition for boosting customer value with its
technologically powered solutions and market-leading
position.
- Schneider Electric India has become a celebrated name in
India's smart metering market,
leveraging six decades of operational excellence, industry
expertise, and business success.
SAN
ANTONIO, Dec. 23, 2024 /PRNewswire/ -- Frost &
Sullivan recently assessed the metering industry, and based on its
analysis, it has recognized Schneider Electric India Pvt Ltd
(SEIPL) for the 2024 Indian Company of the Year Award. Schneider
Electric India Pvt Ltd (SEIPL) is the Indian arm of Schneider
Electric, a global leader in digital transformation of energy
management and automation . A recognized name in India's metering industry, Schneider Electric
India draws on over 60 years of expertise and thought leadership in
industrial sustainability, universal and software-centric
automation, data privacy and security. Serving various sectors,
including buildings, infrastructure, industries, data centers, and
homes, the company demonstrates its solutions' scalability, scope,
and applicability . It has a robust Indian footprint with 31
factories (including five smart factories) and more than 39,000
employees serving customers in over 500 cities.
Over the years, Schneider Electric India has solidified its
leadership position in India's
smart metering market, and the company has a dominant market share
in the advanced metering infrastructure (AMI) segment. This
superlative performance underscores its ability to deliver
innovative and reliable solutions consistently. Schneider
Electric's advanced smart metering devices, equipped with
cutting-edge technologies, empower both utilities and consumers. By
enabling real-time data transmission and eliminating manual meter
readings, these solutions optimize grid management, enhance billing
accuracy, and drive operational efficiency—all while empowering
consumers to monitor and control their energy consumption,
contributing to sustainability and cost savings.
Iqra Azam, best practices
research analyst at Frost & Sullivan,
observed, "Schneider Electric's rich history of
accomplishments and best practices implementation demonstrates its
focus on continuous growth, harmonizing with economic and social
sustainability-focused initiatives and fortifying its market
leadership."
Speaking on this recognition, Mr. Deepak Sharma, Zone President, Greater India, and MD & CEO of Schneider
Electric India, said, "This recognition underscores our team's
dedication to delivering scalable, cost-effective, and sustainable
solutions that set us apart in the smart metering industry. Our
strong emphasis on research and development, innovation, and
localizing components allows us to meet market demands and provide
enhanced value to our customers. Our Mysuru smart metering plant
further reinforces our commitment to delivering on this
promise."
The company is strengthening its leadership position in the
metering market by actively working to increasing the localization
component of its electricity meters sold in India, providing customers with greater value
and supporting local economies. By adopting a transparent business
approach, Schneider Electric India is building strong, long-lasting
customer relationships , providing a clear understanding of its
value proposition from the outset.
"Schneider Electric India proves its commitment to
sustainability with outstanding initiatives that align with the
Indian Government's approach to a green India. It maintains transparent, reliable, and
continuous communication with customers, addressing their unmet
needs, evolving demands, and regular queries," added Neha Tatikota,
industry analyst for Energy & Environment at Frost &
Sullivan.
Each year, Frost & Sullivan presents a Company of the Year
Award to the organization that demonstrates excellence in growth
strategy and implementation in its field. The award recognizes a
high degree of innovation in products and technologies and the
resulting leadership in customer value and market penetration.
The Frost & Sullivan Best Practices Awards recognize
companies in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for helping investors, corporate leaders, and governments navigate
economic changes and identify disruptive technologies, Mega Trends,
new business models, and companies to action, resulting in a
continuous flow of growth opportunities to drive future success.
Contact us: Start the discussion. Contact us: Start the
discussion.
Contact:
Tarini Singh
P: +91 9953764546
E: tarini.singh@frost.com
About Schneider Electric
Schneider Electric's purpose is to create Impact by
empowering all to make the most of our energy and resources,
bridging progress and sustainability for all. At Schneider, we call
this Life Is On.
Our mission is to be the trusted partner in Sustainability
and Efficiency.
We are a global industrial technology leader
bringing world-leading expertise in electrification, automation,
and digitization to smart industries, resilient
infrastructure, future-proof data centers,
intelligent buildings, and intuitive homes.
Anchored by our deep domain expertise, we provide integrated
end-to-end lifecycle AI-enabled Industrial IoT solutions with
connected products, automation, software, and services, delivering
digital twins to enable profitable growth for our
customers.
We are a people company with an ecosystem of 150,000
colleagues and more than a million partners operating in over 100
countries to ensure proximity to our customers and stakeholders. We
embrace diversity and inclusion in everything we do, guided
by our meaningful purpose of a sustainable future for
all.
www.se.com
Follow us on:
- https://twitter.com/SchneiderElec
-
https://www.facebook.com/SchneiderElectric?brandloc=DISABLE
- https://www.linkedin.com/company/schneider-electric
- https://www.youtube.com/user/SchneiderCorporate
- https://www.instagram.com/schneiderelectric/
- http://blog.se.com/
Discover the newest perspectives shaping sustainability,
electricity 4.0, and next-generation automation on Schneider
Electric Insights.
Contact: Binni Rawat
Phone: +91-9999646207
Email ID: binni.rawat@se.com
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