Last Thursday, the Elektro Supplier of the Year Award ceremony took place in Campinhas and Ingeteam was one of the finalists in the category of Network and Substation Services.
The electrical system is moving toward more electrification, decentralization and digitalization. Energy flows are accompanied by more intense information flows. At Ingeteam, we believe that the digitalization of the network will allow us to overcome this new challenge by allowing better and thorough monitoring; to increase system security and the quality of supply; to reduce the number of loses and failures; and to make the company more competitive and sustainable. It is a clear driver of result improvement.
This is why at Ingeteam we included the objective of becoming the point-of-reference for smart networks—in particular 61850 digitalization—in our vision. This is both true for Elektro and the Iberdrola group. To that end, we invested in native 61850 in-house technologies, robust and reliable equipment and a glocalization strategy (global strategy + local services and support) which has enabled us to hold relevant agreements with Brazil.
This prize is the result of Ingeteam’s commitment to investing and the management team’s commitment to digital and power electronics. It represents Iberdrola’s driving force in its international expansion. It is also the result of Elektro’s investment strategy and technology deployment—the true generator of wealth, industrial activity and highly-skilled employment.