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Engineering R&D rainmakers bag mega deals from home offices SECTIONS Share Synopsis Deals in the segment had it rough in early 2020, like most deals, but have since bounced back. And some of the rainmakers in the space have won large deals, upwards of $50 million each, from their home offices. (Representative image) (This story originally appeared in on Feb 15, 2021)BENGALURU: Engineering R&D services is becoming increasingly one of India’s big success stories. Deals in the segment had it rough in early 2020, like most deals, but have since bounced back. And some of the rainmakers in the space have won large deals, upwards of $50 million each, from their home offices. ....
Stanley Black & Decker is working on sustainable IoT connectivity with Ericsson and T-Mobile. Emerson has announced its plans to modernize a TVA power plant for reliable clean energy and the Salto Grande hydroelectric power complex to ensure renewable energy supply in Latin America. Thermal Energy Partners and Schlumberger New Energy have entered into an agreement to create GeoFrame Energy, a geothermal project development company. Another example announced recently involved Aspen Technology’s decision to join the Alliance to End Plastic Waste. According to AspenTech, the company will “work with fellow members to support innovation to build a more sustainable global plastic value chain. From industrial design to driving greater efficiency in operations, AspenTech solutions help producers reduce waste and emissions from plastic production and accelerate innovation to develop recycling plants and other new solutions for the circular economy.” ....