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Market: SEW to scale operations from AI-driven energy hub at Noida

Fiinews by Fiinews
March 27, 2024
in Markets
Reading Time: 3 mins read
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Cloud platforms leverage AI, ML and IoT Analytics to empower global energy and water providers

SEW, a global leader in Energy & Water AI Cloud Platform, says its newly inaugurated Global Energy Tech AI Innovation Hub in Noida, Uttar Pradesh, marks a significant leap forward in scaling operations and demonstrates the company’s commitment to driving innovation, powered by AI in energy efficiency, sustainability, eMobility, and digital transformation.

With a focus on revolutionizing Customer Experience (CX) and Workforce Experience (WX) in the energy and utilities sector, SEW’s innovative cloud platforms leverage AI, ML, and IoT Analytics to empower energy and water providers, worldwide.

The new SEW Tech AI and Innovation Hub will serve as a centre for research, product development, engineering, and collaboration, driving the next wave of technological advancements in energy management, water conservation, and eMobility.

Reflecting on SEW’s journey, Deepak Garg, CEO and Founder, SEW added, “More than a decade ago, we set out with a clear vision for SEW – ‘Global Sustainability’ by educating, empowering, and engaging billions of people with tech platform. Fast-forward to today, SEW, with its digital platforms, has connected 1.2 billion+ people to make possible the almost unimaginable 10+ year-old idea of energy and water security.”

The SEW Energy Tech AI and Innovation Hub will be a key growth driver and build an ecosystem that fosters innovation in global energy and water industry.

The aim is to:

Business Expansion in India: SEW aims to expand its operations in India and APAC, driving growth in the energy, water, and eMobility sectors.

Global Energy Tech AI and Innovation Hub: The establishment of a cutting-edge hub in Noida will drive innovation in energy efficiency, grid management, water conservation through AI and digital technologies.

Manufacturing Facilities for Global Chargers and Batteries: In alignment with India’s push towards electric mobility, SEW plans to establish manufacturing facilities for global chargers and batteries, creating high-value tech manufacturing jobs in Noida.

Driving Global Investment: SEW seeks to attract global investment into Uttar Pradesh and India by showcasing the region’s potential and SEW’s track record of success in the energy and utilities sector.

Garg continues, “Our primary objective is to explore avenues for investing, expanding our business operations in India, leveraging our expertise in building AI digital platforms for energy, water, and eMobility sectors. The expansion is slated to drive significant growth in Uttar Pradesh to achieve US$1+ trillion state economy in the upcoming years by creating thousands of Technologies and related workforce employment with more then 10,000+ Thousand Core investment in coming years in UP.

“SEW AI hub will be a great catalyst to make UP state as #1 Energy Tech AI Center of Excellence with millions of tech jobs driving state GDP to top,” he said on 26 Mar.

As SEW looks to the future, the company remains committed to extending its reach and impact, with a vision to connect 4+ billions of people by 2027. Now employing more than 1,500+ people, the company eyes at expanding the team across functions and hiring talented individuals who share the passion to share the future of energy and water with digital AI platforms.

SEW is also expanding its presence in southern India with new offices in Bangalore and Mysore. These new locations and state-of-the art offices will give talent access and compliment the company’s growth and ambitions. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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