Friday, August 30, 2019

Pieta presents an ecosystem for solar-powered crypto mining on blockchain using X20 algorithm

Pieta is the world’s first blockchain project that aims to make cryptocurrency mining more environment-friendly and accessible while minimizing the cost. It is a revolutionary new platform that is solving the cost problem of the traditional crypto mining that uses high-cost electricity as the energy source. By using the new X20 algorithm Pieta can reduce energy consumption in blockchain mining to keep the mining equipment cooler. This will also increase the durability of the mining equipment and reduce the overall costs while increasing the profits for the miners. The low energy carbon emission will also have a positive impact on the environment.

Pieta also encourages the use of renewable solar energy in the crypto mining process to save the environment and further reduce the costs. It works with a mission to foster the use of renewable and efficient energy solutions for crypto mining to make mining profitable for everyone. To achieve this mission, the project will work towards making solar energy the primary energy source for mining, ensure fast track adoption of other green energy sources and drive awareness campaigns to educate blockchain enthusiasts about the benefits of a sustainable energy system.

Pieta claims to be one of the most promising tokens of the year. It offers multiple revenue options for the token holders along with high mining rewards and bonuses in different stages of the ICO. Pieta token can be traded on the major crypto exchanges where it can be exchanged for other coins like Bitcoin and Dollar. It will soon launch a dedicated digital wallet to allow the investors to hold and transact their coins.

Pieta toke investors will get access to a Point of Sale network of merchants/businesses accepting Cryptocurrency payments (transactions) around the globe. They will also get a share of the profits generated from the solar mining rigs. In addition, the investors can buy solar-powered platform contracts for Pieta’s solar-powered mining platform at 20% discount after the ICO expires on November 2019.

More information about the Pieta ecosystem can be found on its official website.

Media Contact
Company Name: Pieta Ecosystem
Contact Person: Press Executive
Email:Send Email
Country: Saudi Arabia
Website: pieta.network

Agri Supply of Florence, SC, provides the Best Farming Equipment and Gardening Supplies

Open since 1985, Florence, South Carolina’s Agri Supply Co. has always had one top priority: their customers. In fact, any time you shop at an Agrisupply near you, you can count on their dedication to providing you with the best prices, the best service, and the best selection around. With store managers empowered to work with customers to resolve any issues quickly, and a knowledgeable, friendly, customer service team, Agri Supply is sure to become your favorite agriculture store near you, whether you’re shopping for garden equipment, tractor accessories, or looking for a reliable hardware store near your location.

In fact, with over 26,000 items for farming, gardening, landscaping, and a selection of lawnmower blades and parts that is second-to-none, you’re sure to find exactly what you need for your work in the field or your next beautifying project. You’ll also appreciate that Agri Supply offers their own one-year warranty on all non-perishable items, and a lifetime warranty on all hand tools. What’s more, you’ll find more to love in their hunting and outdoor recreation department, their selection of quality apparel, and even cast-iron cookware. “The Greatest Farm Store on Earth” really does have something for everyone!

What kind of essentials can you expect to find when enjoying your shopping experience at your local Agri Supply? Go to their location near your place for farm machinery and implements, livestock and pet supplies, your disc and tillage needs, agricultural equipment parts, woodsplitters, lawn care and gardening tools and supplies, tires, trailers, accessories for your truck, outdoor sporting goods and power equipment, toolboxes, lawnmower blades in the size and brand you need, the right tool for your next project and much, much more. Not only will you find what you need at the best price, but when you shop with Agri Supply, you can count on them to save you a lot of hassle.

Agri Supply will service the items they sell – whether it’s warranty work or a general repair –so you don’t have to go to another repair shop. You can also get your new tires mounted on trailer and lawn mower rims alike, for free, when you purchase both tire and wheel with Agri Supply, simply make an appointment to get those truck toolboxes and trailer hitches installed for a small fee, and have your gas-powered equipment serviced in the store to ensure it’s functioning as it should. Looking for a normally stocked item that happens to be sold out? They’ll do their best to locate it for you at another Agri Supply store and, when possible, ship it right to you via UPS - for free. No wonder they’re sure to become your go-to farm supply store near you.

If you live in Florence, South Carolina, you’ll find the Agri Supply near your current location at 1918 E Palmetto Street Florence, SC 29506. If you have questions, you can give the Agri Supply close to you a call at 1-800-342-1294.

Media Contact
Company Name: AgriSupply
Contact Person: info@agrisupply.com
Email:Send Email
Phone: 1-800-345-0169
Country: United States
Website: https://www.agrisupply.com/

Agri Supply provides the Best 3-Point Hitch Parts and Accessories

Without a three point hitch, your tractor’s capabilities are seriously limited. After all, it’s a 3 pt. hitch that allows you to securely attach all kinds of indispensable tractor attachments to quickly and efficiently do all kinds of chores on the farm, such as tilling, spraying fertilizers, herbicides, and other treatments, seeding, scraping, bale moving, and much, much more. A good tractor with an excellent 3-point quick hitch can revolutionize so many difficult tasks, taking the toll off your back, saving you time, and helping you make sure the job is done right. Shop for a tractor quick hitch at Agri Supply, and find just what you need, in the best materials, to fit your tractor and your needs. Or, if you’re an avid gardener looking to take your growing to the next level, come see the folks at Agri Supply for a garden tractor hitch. Check out their supply of lawn tractor hitch attachments, too, to make sure that your property is more beautifully kept than ever before, all year round.

Agri Supply has everything you need, whether your goals are big, small, or somewhere in between. Whether you operate a farm, run a landscaping business, own property, or just love working outdoors. When you shop with Agri Supply for a tractor hitch or any of their other 26,000 items for farm, shop, home, and garden, you can be confident you’re getting the best deal, the best service, and the best quality. Agri Supply even offers their own one-year customer satisfaction guaranty on all the non-perishable goods they sell, so you can buy with complete confidence, knowing you’re shopping with a company that stands behind their products. Find the right tools, and experience how they can revolutionize your work, making you happier on the job and more satisfied with the work you are able to accomplish.

If you’re lucky to live near one of Agri Supply’s brick and mortar store locations, pay your local Agri Supply a visit and chat with their friendly customer service team about everything you need to utilize a 3-point hitch for making your farm run better than ever before, your garden flourish like it never has, and creating a stunning lawn that is the standard for your neighborhood. Can’t find what you need? The helpful folks at Agri Supply will always do their best to special order it for you. And if you don’t live near one of Agri Supply’s retail locations, check out their excellent retail website for everything you need, including the ability to chat with a customer service person with any questions or concern you may have.

Media Contact
Company Name: AgriSupply
Contact Person: info@agrisupply.com
Email:Send Email
Phone: 1-800-345-0169
Country: United States
Website: https://www.agrisupply.com/

Agri Supply known for the Best Rotary Cutters, Rotary Mower Gearbox Parts, Equipment, and Accessories

Rotary lawnmowers have extremely sturdy, sharp blades of metal, ideal for slicing through dense grass. A rotary cutter of excellent quality helps make quick work of mowing lawn, field, farmland, and more. However, if you don’t have the rotary cutter gearbox, as well as good rotary cutter parts and the rotary replacement parts you need, you’re limiting your mower’s capacity to work as well as it should. On the other hand, with excellent rotary lawn mower parts that are well maintained, you will quickly see how why it’s worth it to take good care of your mower. Your mowing efforts will go faster, you’ll stay safer on the job, and you’ll accomplish even big mowing tasks efficiently. Having a good mower with quality rotary mower parts will leave you less stressed, and will ensure that there is less stress on your mowing equipment as well.

When you consider all the benefits, it’s easy to see that now is the time to evaluate whether your rotary mower is working well, if you haven’t already. Pay attention to little issues before they become bigger issues, and you’ll be so glad you did. For all the most essential rotary mower equipment and the best rotary mower gearbox parts, Agri Supply is the obvious choice. From the right blade pan (or stump jumper) for your mower, to durable rotary blades and well-performing laminated tires, they have everything you need. And don’t forget – you need a reliable rotary mower gearbox to give you the power you need to tackle tough grasses and large lawns, pastures, and more, and Agri Supply has you covered there, too. With many brands, types, and sizes of rotary cutter to pick from, and only carrying the best from rotary cutter gearbox manufacturers, Agri Supply will help you feel confident that you have a rotary cutter equipped for even the hardest chores.

Shop with Agri Supply for your most-needed home items, garden supplies, and agricultural equipment, and experience the benefits for seasons and years to come. Discover all this and much beyond at your local, family-own, customer-service focused Agri Supply agricultural supply store. Whether you’re lucky enough to live near one of their brick-and-mortar locations, or you choose to shop their excellent retail site online, their friendly, experienced customer service people will assist you in deciding precisely what you require to make the frequent chore of mowing your property that much easier and far more pleasant to do. There is no “one size fits all” solution when it comes to rotary mowers, and luckily, Agri Supply has you covered in all kinds of situations, with equipment that is confidently backed by an excellent return and exchange policy and customer satisfaction guaranty.

Media Contact
Company Name: AgriSupply
Contact Person: info@agrisupply.com
Email:Send Email
Phone: 1-800-345-0169
Country: United States
Website: https://www.agrisupply.com/

Agri Supply Co.Florence, SC’s, a one stop supply for Farming Equipment, Mower Parts, and Hardware

Whether you’re out in the field or in your workshop, the last thing you need is a broken tool or missing part delaying your work. Fortunately, if you’re looking to find a good agriculture store or hardware store near you now, Agrisupply of Florence, South Carolina has you covered. Not only do they carry in their diverse selection everything you need for farm, shop, home, and garden close to you - like essential garden equipment and vital tractor accessories - they also have the best prices and offer the most outstanding service close to you.

Since they opened in 1985, Agri Supply of Florence has strived to carry on the mission of their founder at their 1918 E Palmetto Street location: "Agri Supply's goal is to provide quality merchandise at the most reasonable price, to give our customers the best service possible and to treat all customers fairly." You can count on the managers and assistant managers at the Agri Supply farm supply store near you to help you resolve issues large and small, and you can rely on the welcoming team of customer service people for attentive, knowledgeable help finding just the right items for your work and life.

Check out the Agri Supply near your current location and enjoy their diverse selection of tractor, truck, and fencing accessories to make your work more comfortable and efficient. Moreover, if you’re in need of a new lawn mower blade or part, you’ve come to the right place. The Agri Supply around you is sure to have just what you need in their vast inventory of lawn mower parts and accessories inventory. They specialize in this area, with over 250,000 lawn mower blades appropriate for over 70 brands of lawn mowers.

Need a pulley, spindle, belt, or mower engine part before you can get back to the job at hand? Chances are, Agri Supply has it. And if they don’t, they may be able to special order it! That’s how much Agri Supply values their customers and understands their needs. Whether you use a push mower, riding mower, zero turn mower, rotary mower, or finishing mower, look no further than Agri Supply to help you keep it running beautifully. And, as with all their brick-and-mortar stores as well as their fantastic retail site, at the Agri Supply near your place, you’ll enjoy Agri Supply’s own 100% satisfaction guaranty on all non-perishable goods - not to mention a lifetime warranty on the hand tools you purchase.

Come visit the Florence, South Carolina Agri Supply store location at 1918 E Palmetto Street, easily found on the other side of Interstate 95 from Darlington and Timmonsville on U.S. Highway 76. Their business hours are Monday through Friday from 7:30 am to 5:30 pm, on Saturdays from 7:30 am to 5:00 pm, and they are closed on Sundays.  Contact them at 1-800-342-1294 or 843-662-2690.

Media Contact
Company Name: AgriSupply
Email:Send Email
Phone: 1-800-345-0169
Country: United States
Website: https://www.agrisupply.com/

Discover the Best Selection of Tractor Accessories at Florence, SC’s Agri Supply Co.

When you’re out in the field and find yourself in need of tractor accessories or parts, you’ll be glad to have an excellent agriculture store near you. That’s why residents of Florence, South Carolina, will love having an Agrisupply farm supply store close by. With over 26,000 items for farm, shop, home, and garden, their range of farm and tractors accessories to choose from consists of hundreds of items. You’ll find the essential farm and tractor accessories at Agri Supply Co., and also many items that simply make your work more pleasant, efficient, and convenient. The Agri Supply near your location is an excellent choice, whether you’re looking for garden equipment near you, or you’re in the shop working on a project and need a hardware store near you now. You’ll also find items for your home, hunting supplies, outdoor recreation equipment - not to mention the outstanding selection of lawnmower blades and parts to choose from at the Agri Supply near your location.

Whether you’re looking for compact tractor accessories or tractor attachments for gardening, Agri Supply has what you need. And, when shopping for tractor attachments and parts at Agri Supply, you can count on finding all the leading brands and important parts such as linkage parts, bushings, universal seats, leveling boxes, mufflers, clevis shackles, tractor drawbars, tool boxes, tires, top links, mufflers, quick hitches, ball sockets in dozens of styles, designed to work for your exact brand. Agri Supply has exactly what you need, so you can get the parts and tools you require and get back to your work. And if you have questions or need assistance, Agri Supply’s friendly customer service team is there to help. When you shop for tractor supplies at the Agri Supply near your place, you’ll find essential parts and accessories to fit all the major tractor models, as well as many tractor hitches and adapter brackets to help make your work run more smoothly. For your safety and comfort while you work out of doors, you’ll also find radios, sun shades, and seats at the Agri Supply near your current location.

Agri Supply of Florence is located right on the other side of Interstate 95 from Darlington and Timmonsville on U.S. Highway 76. Visit them for all of your agricultural and tillage necessities and shop for everything you need in farm machinery and implements. You’ll also find supplies for caring for your livestock, and even cast iron cooking supplies and hunting/outdoor apparel. The selection of tractor, truck, and fence supplies will give you even more reason to choose Agri Supply, as well as their customer satisfaction guaranty.

Media Contact
Company Name: AgriSupply
Email:Send Email
Phone: 1-800-345-0169
Country: United States
Website: https://www.agrisupply.com/

AsianDate Welcomes Members Worldwide to Celebrate Vietnamese National Day on September 2 with Singles Across Vietnam

AsianDate Welcomes Members Worldwide to Celebrate Vietnamese National Day on September 2 with Singles Across Vietnam
AsianDate is ready to host a live chat party to help members worldwide celebrate Vietnamese National Day on September 2.

AsianDate, the online dating platform connecting singles worldwide to ideal Asian matches, has announced plans to host a live chat party to help members celebrate Vietnamese National Day. The dating service has urged all members from around the world to come together in celebrating this important day on September 2.

AsianDate is a popular international dating platform known for connecting singles with compatible Asian matches. AsianDate is proactive in bringing matches together and is excited to be hosting this dedicated online chat party. The dating service is bringing all its global members together to celebrate Vietnamese National Day on September 2.

AsianDate is inviting all members to connect with Vietnamese singles on one of the most important dates in the Vietnamese calendar. Those joining the chat party focused on Vietnam’s cultural celebrations will be able to learn more about the country and its people.

Vietnam attained its independence on September 2, 1945. It is a public holiday for the country and a time for all Vietnamese people to come together and show their pride and joy. Lots of interesting and exciting events keep the people of Vietnam busy at this time of the year. They will take part in parties, parades, and speeches. There will be attractive fireworks displayed on the occasion leading to a bright and happy carnival atmosphere.

Vietnamese Independence Day is a great time to communicate with members from Vietnam about the culture of their country. AsianDate is hoping that Vietnamese National Day will help members from other countries discover more about the people, traditions, and culture of Vietnam.

All singles looking to join the party can get in touch with Vietnamese members during Vietnamese National Day on September 2. AsianDate expects a high number of members to enjoy the online chat party.

AsianDate members will use the occasion to discover more about Vietnamese matches and learn about their world. Members can get in touch using a range of features including Live Chat, photo swap, CamShare, and correspondence.

For more information, visit AsianDate.   

About AsianDate

AsianDate is part of the Anastasia Family of sites, founded in 1993, which offers premium international dating to facilitate exciting and romantic companionship online between men and women all over the world. The Anastasia Family includes AsianDate.com, AnastasiaDate.com, AmoLatina.com, ArabianDate.com, and AfricanDate.com, which bring together over 20 million international users and more than 150 million online visitors annually. Additionally, over 2.5 million conversations are exchanged onsite daily. AsianDate is committed to member safety, customer satisfaction and the ongoing pursuit of innovation. Headquartered in New York, the Anastasia Family has additional representation in every country it touches providing a high level of customer service to a worldwide clientele. All members are able to communicate across a variety of top-notch multimedia platforms, including video chat and a mobile app for Android devices available in Google Play.

Media Contact
Company Name: AsianDate
Contact Person: Media Relations
Email:Send Email
Phone: +1 (212) 609-0533
Country: United States
Website: http://www.asiandate.com

AnastasiaDate’s Photo Swap Feature the Most Popular Among Members Seeking the Perfect Introduction

AnastasiaDate's Photo Swap Feature the Most Popular Among Members Seeking the Perfect Introduction
AnastasiaDate's photo swap feature is the most popular among members looking for an effective way to introduce themselves to potential matches.

AnastasiaDate, the international dating service connecting singles worldwide, has announced its photo swap feature is being widely used by members as a powerful introduction to attract the attention of matches. The popular dating service has a number of features in its range designed to ensure success for members dating online.

AnastasiaDate is a popular international dating service with a large presence across Europe and a continually growing membership. The photo swap feature is one of the many features that AnastasiaDate offers to its registered members. According to the dating service, members are delighted with this tool as it allows them to deliver the perfect introduction to their online matches.

The photo swap dating tool is a great way to generate instant attraction. It allows members to check if their potential partner is a dream match. Both partners can check out instantly how the other looks by swapping their latest photographs.

Once a member finds a partner that matches their profile, they can use the photo swap feature to share their latest photograph and also snapshots of what is happening around them. For many members, photo swap helps them experience love at first sight. Sharing photos with a match is an effective way of ensuring success in online dating.

The Photo Swap tool is available via the Live Chat feature and has become a highly popular and much-used tool among singles looking to learn more about their matches.

This exciting feature can be accessed directly from Live Chat by members to enhance their conversations across the miles. Once matches have made progress in their online relationship using photo swap and Live Chat, they can take the step to the next level by using CamShare, the two-way webcam dating feature.  

For more information, visit AnastasiaDate.                       

About AnastasiaDate:

AnastasiaDate is the leading international dating service that facilitates exciting and romantic companionship between men and women all over the world. Founded in 1993, AnastasiaDate now has over 20 million international users and attracts more than 80 million visitors annually. Additionally, over 1.5 million conversations are exchanged onsite daily. AnastasiaDate is committed to member safety, customer satisfaction and the ongoing pursuit of innovation. Part of the Social Discovery Ventures network, AnastasiaDate is headquartered in New York with additional representation in every country it touches, providing a high level of customer service to a worldwide clientele. All members are able to communicate across a variety of top-notch multimedia platforms, including video chat and a mobile app for Android devices available in Google Play.

Media Contact
Company Name: AnastasiaDate
Contact Person: Media Relations
Email:Send Email
Phone: +1 (212) 609-0533
Country: United States
Website: http://www.AnastasiaDate.com

Schneider Electric Launched EcoStruxure Augmented Operator and Machine Advisor Packages to Drive Digitalization in Singapore SMEs

Targeting small and medium enterprises (SMEs) in Singapore, the SME Jumpstart Automation Package from Schneider Electric enables companies to take advantage of latest technologies in the form of augmented reality and cloud-based remote monitoring to realize efficiencies in the maintenance and management of plant machinery and equipment. 

ARC was on hand to witness the unveiling of the Jumpstart Automation Package at the SME Go Automation Singapore seminar held 21 August held at Schneider Electric’s HQ for East Asia & Japan. At the event, representatives from companies including ARC Advisory Group, iPlast 4.0, Sanwa Plastic ServoConnect Systems and TÜV SÜD PSB presented and discussed opportunities and challenges for SMEs in the era of digitalization. An accompanying exhibition area, the Marketplace, enabled the more than 100 delegates to see the Schneider Electric EcoStruxure Augmented Operator Advisor (AOA) and the EcoStruxure Machine Advisor (MA) solutions in action along with the wider portfolio of Schneider Electric’s automation, electrical and digital solutions.  

According to Schneider Electric, only half of the time spent on maintenance is devoted to actual intervention on the equipment; the other half is spent on the non value-added activity of finding information. As such, the augmented reality capability provided by EcoStruxure Augmented Operator Advisor allows users to find critical information faster through features such as display of real-time PLC data and the ability to virtually open electrical cabinet doors. The EcoStruxure AOA Jumpstart Package includes an Android tablet, Windows OS HMI panel, and AR software for 10 sets of scenes. 

With Schneider Electric EcoStruxure Machine Advisor, companies are able to monitor and manage machine operations remotely. This real-time visibility enables increase in productivity, reduction of downtime, and optimized use of expert resources. Indeed, at the SME Go Automation Singapore exhibition area, delegates could see live production data and status from machines installed at Schneider Electric’s own manufacturing plant in Batam (Indonesia), which was recently added to the World Economic Forum’s Lighthouse Network of advanced digital factories.   

The Schneider Electric EcoStruxure MA Jumpstart Package provides for connection to three machines (10 dashboards each) and includes a five-year software subscription. As a cloud-based solution, EcoStruxure Machine Advisor does not require any CAPEX spend on software installation. Both the MA and AOA Advisor Jumpstart Packages also include consultancy and assessment review of an SME’s current state of automation, a site survey, configuration proposal, and user acceptance test.

Vice-President of Industry Automation for Schneider Electric Singapore and Malaysia, Urvil Modi says: “Acceptance and adoption of automation technology amongst SMEs require not just a review of existing operations, but a consistent and concerted effort to drive adoption of these solutions. At Schneider Electric, we see ourselves as an enabler for SMEs to take their first step in automation. A scalable automation package is important to help SMEs ensure that their transformation process is sustainable.”

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email:Send Email
Phone: 8745857610
Country: India
Website: https://www.schneider-electric.co.in/en/

Schneider Electric released a $565 million Global Investment fund to expand with new hires and acquisitions

The grand-old daddy of the industrial revolution continues to lead the way in Digital Transformationwith new investments, hiring, and innovation. Global Automation and Energy Management company Schneider Electric released a $565 million Global Investment fund to expand with new hires and acquisitions. These investments are made in Synapticon and Titan AES. As part of team expansion, ABB’s Grant Allen and Qualcomm’s Varun Jain would take on lead investing roles at SE Ventures. Grant Allen and Varun Jain will bring their extensive global venture experience to SEV, and join Kevin Deneen, formerly of Aster Capital, to focus on investments in areas such as energy management, industrial automation, and e-mobility.

Trivia: 44 Acquisitions: Founded in 1836, Schneider Electric has acquired 44 companies and invested in countless others.

In the past, SEV invested in category leaders such as AutoGrid, Claroty, Element Analytics, and Sense. They recently closed on investments with Titan AES. Titan AES is a start-up offering novel Li-ion Battery Management system. On the other hand, Synapticon is an advanced motion control platform for industrial robots. SEV is expected to invest in at least 10 or more new startups annually. These funds are specifically invested in categories such as Industrial Automation, Robotics, E-mobility, and Energy Management.

Currently, Schneider Electric provides Energy Management products and solutions to domestic and industrial customers. The company has made rapid strides in the automation and IoT-enabled industry by both investing and innovating new technologies. For example, Schneider Electric EcoStruxure. EcoStruxure is an IoT-enabled, plug-and-play, open, interoperable architecture and platform, in Homes, Buildings, Data Centers, Infrastructure and Industries. In the automotive industry, SE continues to transform facility management, manufacturing processes, IT structures and Mobility with IoT-enabled architecture and Digital Automation Solutions.

Grant Allen is joining SEV from Zurich-based ABB. At ABB, he led global ventures, overseeing a portfolio of 30+ direct and fund investments, including Bonsai AI (acquired by Microsoft), Industrial Defender (acquired by Lockheed Martin), Soft Robotics, and MineSense.

At SEV, Grant would extend his AI investment vision that was instrumental in growing ABB Technology Ventures to become the most active CVC in the robotics/applied AI space, behind Google.

Read More: Actian Launches Industry-Leading Embedded Database for Mobile and IoT to Advance Data Management at the Edge

Executive Comments

Heriberto Diarte, head of SEV and Schneider Electric’s external innovation activities, said —

“SEV is growing and ramping up our open innovation activities. At a time when many of our peers are tightening investments, we are continuing to build our team and invest in disruptive ventures where Schneider Electric can be a value-add partner and market catalyst. The addition of Varun and Grant, two seasoned and respected investors, is another clear sign of our resolve to become a serious player in the venture ecosystem.“

Grant Allen said —

“We are seeking absolutely best-in-class startups aligned with Schneider’s mission of bringing energy and efficiency to enable life, progress and sustainability for all. We want to see new technologies and business models transforming the way we live and work, how we produce and consume energy, and how we run buildings and factories. Supported by Schneider’s dollars, domain expertise and global customer reach, we can have a dramatic impact on the trajectory of our investments.”

Varun Jain, previously with Qualcomm Ventures, brings a strong background in industrial automation, e-mobility, and SaaS.

Varun added, “SEV is a global corporate-backed venture fund, where our incentives are fully aligned with those of the founders we back,” said Jain. “We are going to target companies that not only bear the promise of outsized financial returns but are also in a position where they can leverage Schneider Electric’s vast technical resources and distribution reach to radically grow their business.”

The Future Ahead

2019 is witnessing a major push into robotics, autonomous vehicles, Schneider Electric IoT-enabled energy management, and battery storage technologies. Innovations in battery storage and e-vehicles have put the industrial automation and automotive industries in the driving seat in a growing economy. We expect SE to continue with their global market expansion and push for IoT-specific innovations in the Energy Management sector.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email:Send Email
Phone: 8745857610
Country: India
Website: https://www.schneider-electric.co.in/en/