IndusInd Bank is a leading private sector bank that provides a wide range of commercial, transactional and electronic banking products and services
Business Challenge
• As IndusInd Bank was expanding their operations and presence across the country, the lack of availability of continuous power at remote locations and rising energy costs was impacting their banking operations • The bank was exploring a remote Diesel Generator (DG) monitoring solution that could help them: a) Optimise the cost of running these generators b) Receive proactive alerts and reduce down-time c) Manage different generator makes and models from a single platform d) Control diesel pilferage e) Get a near real-time view of fuel consumption across their generators
Our Solution
• Vi provided IndusInd Bank with telemetry devices that contained our rugged IoT SIM Connectivity solution and a specialised fuel sensor and worked with IndusInd Bank to develop and deploy an end-to-end integrated DG set monitoring solution.They can now monitor a range of key operational parameters like running time, fuel status, and more while also receiving alerts and real-time notifications through emails and SMS • Our IoT SIM Connectivity solution enables data connectivity through the 2G/3G network with a private APN for secure data transfer • The geo-fencing feature of our IoT SIM Connectivity solution facilitates asset tracking and tagging, based on the movement of their DG sets • We also provided them a self-service portal that helps the bank manage the entire solution, along with access control
Business Impact
• The bank now enjoys enhanced control and visibility, with a near real-time view of their DG sets • They were able to reduce downtime as they could remotely monitor the operational parameters of the generators • It also resulted in significant cost savings with a near real-time view of fuel consumption, usage and any pilferage • The bank managed to streamline operations with our centralised dashboard and a unified view • They were also able to reduce their environmental impact by identifying behaviour modification and thus improving their carbon credits
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