Chennai, July, 2017: Einsite, a construction technology startup, and Schwing Stetter, the world’s premier concrete equipment company, have entered into a partnership to bring internet-of-things technology to the construction industry. The goal of the partnership is to digitize construction project management and execution.
This partnership have been entered into the Indian registered subsidiaries of the two companies, Invento Labs Pvt. Ltd. (Einsite), and Schwing Stetter India Pvt. Ltd. (Schwing Stetter). Einsite has built a project management platform that collects data from the field using smart-devices and allows construction companies to manage their projects from a software web application.
Schwing Stetter makes the world’s most advanced concrete equipment, including batching plants, concrete pumps and concrete truck mixers, among others. During the course of the partnership, the two companies will first work to create a seamless integration between Einsite smart-devices and Schwing Stetter equipment, and then collaborate on how to best provide valuable and actionable insights to the end-users construction companies.
The idea for this collaboration came out from a discussion between Einsite CEO, Mr. Anirudh Reddy, and Schwing Stetter Sales and Services Private Limited, MD, Mr. V.G.Sakthikumar, at the CONEXPO, Las Vegas in March 2017. They were talking about the shortcomings of the construction industry and the technology initiatives that both Einsite and Schwing Stetter India were working on separately, when they realized how impactful it would be if they worked together towards their common goal.
“We are excited to be working with the concrete industry pioneer, Schwing Stetter India, on such an exciting endeavour. While most other industries have been digitized and automated, construction lags far behind – we are now going to change that!” said Mr. Anirudh Reddy, talking about the immense potential of the partnership to transform the construction industry.
“We always believe in bringing the state of the art technology to the concreting industry. We recognize the need of different customer segment in controlling their concrete production process and offer the best suited solutions. We are impressed with Einsite approach to the construction sites for solutions,that brings better management of the project as a whole. We believe our partnership with Einsite will benefit the end users phenomenally” quoted Mr. V.G.Sakthikumar, Managing Director, Schwing Stetter Sales and Services Private limited and Chairman of Mechanization Committee, Builders Association of India.
About Einsite: Einsite is a team of dreamers and engineers digitizing the construction industry. With bases in the US (Palo Alto) and India (Hyderabad), Einsite is building a world-class construction management platform that leverages technologies like the internet-of-things and computer vision to provide actionable insights to construction companies. It was founded by brothers Rajiv and Anirudh Reddy in 2015, and got backed by leading venture capital firm, Kleiner Perkins Caufield Byers (KPCB) in 2016. http://www.einsite.com /firstname.lastname@example.org
About SCHWING Stetter India Pvt Ltd: Incorporated in June 1998, and commencing its manufacturing operations in 1999, SCHWING Stetter India is a 100% subsidiary of SCHWING Group of companies, a 1 Billion USD German Concrete machinery manufacturer and a part of XCMG group. SCHWING Stetter is a pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling. SCHWING Stetter (India) Private Limited manufactures concrete batching plants, concrete mixers for transporting readymade concrete to construction sites, concrete pumps, concrete placing booms, tower cranes, self-loading mixers and recycling plants. We cater to infrastructure developers and also acts as an OEM supplier to various cement companies who offer Ready Mix Concrete. SCHWING Stetter group has its manufacturing units in 11 countries including Germany, Austria, USA, Brazil, Russia, China, Ostrava, India, sales and service centers in France, Netherlands, Austria and Sweden as well as representations in more than 145 countries worldwide. http://www.schwingstetterindia.com
Schwing Stetter strongly believes that training our own employees as well as the operators and technicians of our customers on the state-of-the-art products that we produce is extremely important. Thus, the operators and maintenance technicians substantially improve the performance of our equipments and also keep the operating expenses low. Therefore, we are putting a lot of thrust on training and development. Earlier, we had our training centre only in Chennai. But in the last couple of years, we have opened new training centers in Delhi and Kolkata too. We are in the process of acquiring land in few more locations where we will have full-fledged training centers as well as service centers. So far, we have trained more than 8000 people both for short term course in concrete pumps as well as batching plants and we have trained more than 600 operators. These operators are sponsored by companies who use our equipments. In the last couple of years, we have seen that many people are directly enrolling themselves to the operator training courses and before finishing their course, we are able to find employment for them with our customers. Many such trained operators have also gone abroad to countries like Libya, Kenya, Muscat, Afghanistan, Oman and Maldives.
Mr. Urvesh Mehta,
Vice President, Projects, Marathon Group
Schwing Stetter Concrete equipment used:
We started using Schwing Stetter equipment in the year 2004 with our project Marathon Era which is a 32 storeyed residential building with a height of 120 meters. We used CP30 batching plant and BP1800 concrete pump for this project. Schwing Stetter, with their German technology provided us with reliable and cost-effective technology that has led to successful completion of our projects.
Currently we are using Schwing Stetter equipment like: Batching Plants – CP30, CP18 and Concrete Pumps – BP1800, SP1400 and SP1800.