Indus Net Technologies, an ISO 9001-2008 IT Service Company and E-Cube Energy, a Kolkata-based energy data analytics solutions provider have set up a joint venture company, EnergyTech Ventures with a vision of helping economies double energy and resource Productivity. With the growing concerns on environment, climate change and acceptance of Paris agreement, governments or businesses across the globe are focusing on increasing energy and resource productivity.
Digitisation and IoT are set to play a significant role going forward if economies or businesses are to look at doubling energy and resource productivity. Lot of developments have taken place in respect to acquisition of data and deploying it on cloud platforms, however the lack of ability and skill set to generate sector specific insights and call to actions has been restricting wide acceptance of BigData and IoT solutions. EnergyTech Ventures by operating in the fog layer and developing sector specific algorithms aims to fill that void.
EnergyTech Ventures would bring in the best of Energy and Technology, thereby changing the way businesses and industries look at energy data analytics and it’s usage in assessing, reporting and managing energy productivity. EnergyTech’s business model innovation is going to help compliment each and every stakeholder in the IoT landscape.