Tata Consultancy Services, (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, announced today that its Remote Energy Management Solution (REMS) has received the 2016 IoT Evolution Connected Home and Building Award from IoT Evolution magazine, a leading magazine covering IoT technologies. TCS is the only global IT services organization to win the Connected Building category Award.
TCS Remote Energy Management Solution is a smart, scalable, analytics-driven energy monitoring and management solution that helps organizations optimize their energy usage and enhance their efficiencies in operations of facilities. It provides real time visibility for organizations on their energy consumption.
Deployed in TCS in more than 100 of its facilities, which host more than 280,000 employees, across over 30 million square feet, it enables round-the-clock monitoring of energy consumption. TCS Connected Universe Platform – an IoT based platform – serves as the backbone to the solution to manage information from separate sources (sensors, metering devices, and so on) over different communication protocols. REMS has enabled TCS’ eco-sustainability vision to ensure continued business growth with no commensurate increase in the organization’s power consumption.
TCS REMS has received IoT Evolution Magazine’s Connected Home and Building Award for its innovative solution in the area of building energy management,
“The solutions selected for the IoT Evolution Connected Home and Building Award reflect innovation driving the fast-growing Internet of Things marketplace. It is my honor to congratulate TCS for their innovative work and contribution to this rapidly evolving industry,” said Carl Ford, CEO of Crossfire Media, a co-publisher of IoT Evolution Magazine.
“It is my pleasure to recognize TCS Remote Energy Management Solution, an innovative solution that earned TCS the 2016 IoT Evolution Connected Home and Building Award,” said Rich Tehrani, CEO, Technology Marketing Corporation (TMC). “I look forward to seeing more innovation from TCS in the future.”
TCS Chief Technology Officer, K Ananth Krishnan, said, “TCS Remote Energy Management Solution is built on the innovative TCS Connected Universe Platform. REMS uses a self-learning, self-optimized machine-learning based algorithm to detect anomalies and aberrations in energy consumption, triggering quick corrective action. The award recognizes the novel way in which TCS applies IoT for the benefit of customers across industries.”
About the IoT Evolution Magazine
The IoT Evolution Magazine is one of the IoT Industry’s fastest growing News and Media Outlets due to its constant coverage of the IoT Ecosystem. It is published jointly by Crossfire Media and TMC which are based out of the United States and focus on marketing services for disruptive technologies
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 378,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE Limited and National Stock Exchange of India Limited.