Saturday, August 13, 2016

75F Sets Up R&D Centre In India; Targets Rs 100 Crore in FY2018-19


By Manu Sharma

US based building automation service provider, 75F has now launched its business operations in India. The company has set up its Research and Development Centre in Bangalore and presently has a team of over 25 engineers to manage its hardware lab, software and industrial design centres.

Deepinder Singh and Pankaj Chawla, the founders of 75F in 2012 in US have major clientele including Taco Bell, Yoga Fit, Magnet 360, Rockler and many more are in the clients list of 75F

Since the last 2.5 years ago, the firm has bagged major clients like Firstsource, Flipkart and Mphasis as its Indian market and going forward target the hospitality, healthcare, infrastructure verticals in India.

Gaurav Burman, VP and Country Manager of 75F says, "Our research centre now is based in at HSR Layout in Bangalore and will be handling most of our development.  Even though these software were earlier developed in the US, but still need it to customised it to the local Indian standards.”

75F has set a target of Rs 100 crore by FY 2018-19 with an expected revenue split of 65% from hardware; 25% from services and rest from software services. Even though companies like Honeywell, Schneider Electric, UTC and others offer similar services in India, but none of them provide complete end-to-end solutions to the customers, claims Burman.  

The firm that leverages Internet of Things (IoT) to make commercial buildings more energy efficient, among others, also introduced 'Dynamic Airflow Balancing' technology to the Indian market.

Burman goes on to say that it is important to note that every building is a dynamic entity and hence the building intelligence system installed should be dynamic as well. We are excited to bring to India our state-of-the-art solutions that leverage the latest in technology and IoT, understand your building's ever changing needs, and proactively cater to them to ensure that the occupants are comfortable.

75F is headquartered in Minneapolis, USA. It creates solutions that use Internet of Things (IoT) and cloud computing to predict building needs and manage them proactively. The solutions make spaces more comfortable, energy efficient, automated and smart. Internet-connected devices sense, analyse and control the behaviour of the building to achieve consistent temperature, airflow and lighting on a zone or room by room basis and saves up to 70% in energy usage, is easy to install and decreases carbon footprint.

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