Bajaj Electricals explores options in IoT based products
Bajaj Electricals sees immense opportunity in the connected devices space and is moving ahead to tap the potential of IoT (Internet of Things) based products.
The consumers are not only ready but eager to evolve into this new world of possibilities, the company said in its annual report.
"We have embarked on a new journey in digitisation with our Integrated Building Management System (IBMS) and our technologically advanced LED lighting solutions which help customers upgrade to next level of lighting," the company said.
The company, which is participating in the government project to develop 100 smart cities has already tied up with networking major Cisco and Gooee for it.