Elevators and escalators manufacturer Kone on Saturday has set up a new technology centre in Pune at a cost of around Rs 10 crore. The company has taken 20,000 sq ft office space on lease in Pune to set up this centre. About 120 people will work from this facility. The operations in Pune will focus on enterprise monitoring, service management for IT Solutions and digital development competencies for smart people flow solutions. With stronger research, technological development and engineering collaboration in India, Kone India MD Amit Gossain said the company could serve the growing Indian market with even more innovative solutions. He said Kone India has recently launched the 24/7 IoT connected elevators and escalators service technology in India to ensure less equipment downtime and fewer faults. "In collaboration with the recognised leader in cognitive computing, IBM Watson, this is yet another breakthrough innovation that will result in fewer faults, faster repairs and real pe
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He said a mechanism should be formed to document, replicate successful innovations at grassroots