Bajaj Electricals ties up with Gooee for IoT-based lighting solutions

Bajaj Electricals has entered strategic alliance with UK-based Gooee for IoT-based lighting solutions. The company is moving towards digitization and in creating innovative lighting products and solutions on IoT platform. Under this arrangement, Gooee will be the first full stack operating platform providing Bajaj Electricals a service driven framework to deliver IoT applications to their customers. IoT refers to the connection of devices other than computers and smartphones to the internet.

The IoT and mobile integration with lighting fixtures being the sensing point, Bajaj Electricals will be able to create spaces which are personalized and still open. This will help in better management of space, comfort and ensuring energy efficiency. In this direction Bajaj Electricals and Gooee have together embarked on a journey to develop innovative offering relevant to indoor commercial spaces such as workspaces, retail outlets, hospitals, hotels and industrial units. 

The share price of Bajaj Electrical increased 3.31 per cent on the bourses and closed at Rs 224 on intra-day basis.