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Home » CleanTech/ Renewable Energy » Trivandrum based cleantech company Artin Dynamics signs $25 million deal for distributing its energy saving product in Britan

Trivandrum based cleantech company Artin Dynamics signs $25 million deal for distributing its energy saving product in Britan

SPARA,a power-saving product which works on artificial intelligence (AI) technology can reduce power wastage from an idling computer. It is targeted at organisations dealing with large-scale usage of computers where manageability of power consumption is a huge concern.

SPARA had helped Artin Dynamics in receiving the prestigious SANKALP Award in 2010 for the ‘Best Emerging Clean-Tech/Clean-Energy Company in India.

SPARA is a power-saving product which works on artificial intelligence (AI) technology that can reduce power wastage from an idling computer.

The product consists of a software module that reduces power wastage on idle systems, and a hardware module that cuts off phantom power losses on ‘turned-off’ systems.

The technology has already been tested and proved both by government and third party agents. Some of the first companies to buy it are TATA power and C-DAC.

Commenting on the deal Mr. Nelvin Joseph, CEO Artin Dynamics, said that they were delighted on having cemented the deal. “This a significant step forward as we move to deliver our new UK strategy, which aims to take clear leadership positions in the Artificial Intelligence market. The deal will help us in delivering excellent customer service, and support our development of cost-effective power saving products,” he said.

According to a report, the Trivandrum based cleantech company Artin Dynamics has signed a  $25 million deal for distributing its energy saving product in Britan with Mivire Consultancy Services Pvt. Ltd (MCS). This deal would facilitate the distribution of the former’s flagship product SPARA for the whole of United Kingdom. The contract is for three years, commencing in the first quarter of 2011.

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