A deal between Larsen & Toubro (L&T), parent of LTI and LTTS, and Mindtree, an information technology and outsourcing company, would create a $2.5 billion IT services firm with five verticals of reasonable scale - BFSI, CPG & retail, manufacturing, and high tech & media, and travel and hospitality.

Lighting accounts for nearly 38 percent of the annual total energy consumed by a modern, commercial building. Although most building managers prefer to rezone their lighting systems and circuits to optimize area illumination and reduce OPEX, it only contributes marginally towards reducing utility costs.

ARC was recently invited to tour ABB’s Customer Innovation Center in Singapore, which was officially launched in the fourth quarter of 2018.

In an emerging economy like India, availability of quality and reliable power, is essential for the flawless functioning and increased productivity of all its sectors. Though the Indian power distribution utilities have come a long way toward achieving this objective since the enactment of the Electricity Act 2003, distribution remains the weakest link, and the Highlights of DistribuELEC are vital towards correcting this.

While asset-owners consider the impact of Asset Performance Management (APM) technologies, ARC is aware of the confusion many in industry have about the distinction between the terms digitization versus digitalization.