AT New Delhi [India], April 12: Quot Technologies bagged the prestigious “Most Promising Technology Startup” award at the Times Business Awards 2024. Kira James and Premnath Parayath, visionary founders of Quat Technologies, received the prestigious award from the renowned actor and businessman. Sunil Shett at an awards ceremony organized by Times Group in Delhi Quot Technologies' pioneering approach to automation within the signage industry, executed with utmost consistency, has positioned them as a worthy recipient of this prestigious award. Their innovative product, the Quat Time Switch, strategically targets an underserved market segment including signage and digital out-of-home (DOOH) lighting. This strategic focus not only fills a previously ignored niche, but also plays a key role in curbing energy consumption and catalyzing transformational change in these industries.In just one year since its inception, Qwatt Technologies has made a profound impact by showcasing visionary initiatives that underline not only their commitment to sustainability, but their ability to identify and address critical industry needs. Also displays. It symbolizes the future of advanced energy efficiency and technological advancement. Premnath Parayath, Co-Founder, QUOTE Technologies said, “We identified the limitations of existing time switches and addressed them effectively, resulting in a rapid and positive response within a short time frame. As we expand our presence in the electronics market, our focus remains on innovation, reliability and customer satisfaction. The future offerings, including LED display boards, LE modules and power drives, will redefine industry standards, showcasing Made in India solutions with cutting-edge technology and commitment to sustainability.''In just one year, Qwatt Technologies (https://qwatt.co/
) has successfully secured contracts with over 20 corporate customers, expanded its network to include over 60 vendors, and established seven authorized distributors across the country, providing a platform for future expansion. A solid foundation has been prepared. “This significant growth reaffirms our commitment to realizing our vision. To be a leading electronics brand, addressing industry challenges with innovative, reliable and eco-friendly technology solutions, aimed at enhancing user interaction and enhancing customer satisfaction. We are confident that with this momentum, we are well on our way to achieving our goal of becoming a unicorn company within the next eight years” said Kiran James, Co-Founder, Qwatt Technologies. ( https://qwatt.co /
Continued engagement in various industries has played a significant role in informing subsequent product advancements at Quat Technologies.Specifically, the IoT enabled time switch was conceived following managerial insight into the importance of signage illumination in brand identity. This groundbreaking solution enables centralized monitoring, offering features such as real-time inspection, remote control functionality, increased efficiency, performance improvements and cost-saving measures, with the introduction of four time switch variants and an IoT module, Quat Technologies stands at the brink of sustainable success and innovation. By valuing user experiences and whole-heartedly embracing innovation, Quat Technologies aspires to be a market leader, providing holistic solutions that catalyze positive changes across industries, crossing boundaries and impacting markets globally. Does it. Kwaat is the brainchild of professionals specializing in product research. Development, Marketing and Business Management.Their mission is to address critical deficiencies in the automated lighting and electronics industry with sustainable solutions. Starting with QUAT automatic timer switches for lights, they aim to offer user-friendly, energy-efficient products. Each solution undergoes careful research and development to ensure efficiency and reliability. QUAT's goal is to empower individuals, businesses and communities to make a positive impact by adopting sustainable practices and technologies. Join Qwat as they lead innovation and promote sustainability in pursuit of a brighter, more efficient future for all.Premnath Parayath has over 28 years of extensive experience in the signage and lighting industry. Specifically, he served as General Manager of Business Operations and Development at General Electric (GE). Following his tenure at GE, he held key national and global roles in product development and business strategy in prestigious companies such as Osram, Lighting Technologies, etc. Additionally, he provided his expertise as a Chief Consultant to many other leading lighting companies in India. Kiran James is an innovative strategist with a keen eye for emerging opportunities.As Vice President and Global Head of Marketing and Product Strategy at Muthoot Mathew Group, he has 15 years of expertise in marketing product development, business strategy and financial planning. He has won the Best Marketing Strategy Award for his exceptional mastery in marketing business strategy. He is an alumnus of IIM Jammu and has a distinguished educational background marked by multiple postgraduate degrees.
) has successfully secured contracts with over 20 corporate customers, expanded its network to include over 60 vendors, and established seven authorized distributors across the country, providing a platform for future expansion. A solid foundation has been prepared. “This significant growth reaffirms our commitment to realizing our vision. To be a leading electronics brand, addressing industry challenges with innovative, reliable and eco-friendly technology solutions, aimed at enhancing user interaction and enhancing customer satisfaction. We are confident that with this momentum, we are well on our way to achieving our goal of becoming a unicorn company within the next eight years” said Kiran James, Co-Founder, Qwatt Technologies. ( https://qwatt.co /
Continued engagement in various industries has played a significant role in informing subsequent product advancements at Quat Technologies.Specifically, the IoT enabled time switch was conceived following managerial insight into the importance of signage illumination in brand identity. This groundbreaking solution enables centralized monitoring, offering features such as real-time inspection, remote control functionality, increased efficiency, performance improvements and cost-saving measures, with the introduction of four time switch variants and an IoT module, Quat Technologies stands at the brink of sustainable success and innovation. By valuing user experiences and whole-heartedly embracing innovation, Quat Technologies aspires to be a market leader, providing holistic solutions that catalyze positive changes across industries, crossing boundaries and impacting markets globally. Does it. Kwaat is the brainchild of professionals specializing in product research. Development, Marketing and Business Management.Their mission is to address critical deficiencies in the automated lighting and electronics industry with sustainable solutions. Starting with QUAT automatic timer switches for lights, they aim to offer user-friendly, energy-efficient products. Each solution undergoes careful research and development to ensure efficiency and reliability. QUAT's goal is to empower individuals, businesses and communities to make a positive impact by adopting sustainable practices and technologies. Join Qwat as they lead innovation and promote sustainability in pursuit of a brighter, more efficient future for all.Premnath Parayath has over 28 years of extensive experience in the signage and lighting industry. Specifically, he served as General Manager of Business Operations and Development at General Electric (GE). Following his tenure at GE, he held key national and global roles in product development and business strategy in prestigious companies such as Osram, Lighting Technologies, etc. Additionally, he provided his expertise as a Chief Consultant to many other leading lighting companies in India. Kiran James is an innovative strategist with a keen eye for emerging opportunities.As Vice President and Global Head of Marketing and Product Strategy at Muthoot Mathew Group, he has 15 years of expertise in marketing product development, business strategy and financial planning. He has won the Best Marketing Strategy Award for his exceptional mastery in marketing business strategy. He is an alumnus of IIM Jammu and has a distinguished educational background marked by multiple postgraduate degrees.
