Logica has announced that ConnectM Technology Solutions is the winner of the Global Innovation Venture Partner (GIVP) Programme in India. The winning initiative "Energy Management Solution" by ConnectMĀ - is a solution that ensures savings in energy bills for commercial buildings and telecom cell sites. The solution delivers savings of up to 10% in electricity bills, significant savings in fuel consumption, and overall optimisation of energy operations.
ConnectM received its award from Abhay Gupte, CEO, Logica in India and GBS Bindra, Global Innovation Director, Logica. Congratulating Connect M, Abhay Gupte, said, "The IT industry is extremely dynamic and innovation plays an important role. Innovation is a core value at Logica and we are delighted to be able to collaborate with ConnectM. Their energy management solution has a practical approach which has the potential to make a significant impact through usage and we look forward to working with them."
In its third year, the GIVP Programme is a successfully running programme. This year, in India alone, the programme received 120 nominationsĀ - of which six were shortlisted by the panel. The shortlisted companies underwent a rigorous evaluation by the panel to finally arrive at the India winner.Ā
