Schneider Electric, the global leader in energy management, has recently acquired Telvent, a leading real-time IT solution and information provider for a sustainable world, to meet the needs of cities across the world. The solution provides cities with an integrated suite that combines state-of-the-art hardware, software and services to improve the efficiency and sustainability of urban infrastructures, leading to more livable spaces.
World-wide, cities of all types and sizes are feeling the pressure to improve infrastructure, expand to meet the needs of growing populations, and increase their economic competitiveness and attractiveness in the global market. Schneider Electric with Telvent is uniquely positioned to provide innovative, expert solutions and work with best-in-class partners, especially local ones, to meet cities' immediate and long-term needs.
Mazhar Valjee, Country Manager at Schneider Electric Pakistan, said: "The partnership between Schneider Electric and Telvent will provide unique turnkey solutions geared towards meeting the needs of a specific city. Our efficiency in delivering urban SmartCity projects is closely linked to our capabilities to develop appropriate, tailor-made technologies and adapt them to local needs. Combined with our in-depth local knowledge of the world regions where we operate, we offer solutions that are a game changer for existing and new cities facing challenging infrastructure needs."
The cost of building, improving or maintaining infrastructure to keep up with growing demand is the most significant challenge that cities face today. Globally, urbanisation is occurring at an increasing pace with estimates that the urban population will increase from its current 50 percent of the world population to over 70 percent by 2050. Consequently, local governments need solutions to improve the efficiency and sustainability of city systems that are affordable, easy to deploy and manage, and meet all their needs.-PR