Consul launches Innovative Power Solutions for ATMs

  • Industry News
  • Jan 29,13
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Consul launches Innovative Power Solutions for ATMs

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Chennai based Consul Consolidated Pvt Ltd, a leading manufacturer of enterprise energy solutions (UPS, solar power packs, inverters and voltage stabilisers), recently announced the launch of iPEMS-ATM and ATMSure. The new solutions will improve the uptime and reduce operational costs of ATMs operated by public sector banks, private sector banks and ATM service providers.

The iPEMS-ATM (Intelligent Power and Energy Management System for ATMs) is a modular full service suite product that can be deployed for both new ATM sites and as a retrofit for any existing ATMs. The iPEMS-ATM increases the ATM availability to as high as 97% to 98% and reduces the energy bills by 25% to 40% apart from eliminating the need to man ATM sites which helps reduce the operational costs of current ATMs by another 25%. Special features of iPEMS are:

  • Offers built-in security feature to prevent theft and damage of physical assets in the ATM site
  • Has built-in energy saving and timer based controls for the ATM air conditioner and lights of the lobby, backroom and signage
  • Enables 24/7 monitoring of the ATM facility. ATM Managers can review all the vital parameters of each ATM across circles through the online web based iRMS (Intelligent Remote Management System) service, and
  • The iPEMS acts like a force multiplier for the service managers as they can call on real time data for each location, monitor a wide range of parameters, generate reports and receive alerts on SMS and emails, diagnose potential issues and resolve problems proactively like remotely rebooting hung-up ATM, modems or CCTV DVR.

ATMSure is the first UPS, designed specifically for ATM sites in India which includes the following features:

  • It is a cost effective and green alternative to Diesel gensets at locations which face extended power outages or low voltage issues
  • It can operate over a wide input voltage range without going to battery and also has a powerful charger to quickly re-charge batteries after an extended power outage, and
  • The battery management technology when combined with maintenance free batteries extends the reliability and useful life of batteries and thereby eliminating a major failure mode in the downtime of UPS used in ATM applications especially in rural and semi-urban locations.
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Commenting on the launch, Mr Sriram Ramakrishnan, CEO, Consul Consolidated said, "With iPEMS-ATM and ATMSure we are offering innovative, reliable and cost effective solutions to the banks and ATM service providers. Our products are supported on a 7x24x365 basis through our Pan India service network, ensuring the highest level of service and uptime to our banking customers".

Consul with its newly launched products and solutions will capitalize on the growing demand for robust power backup and remote management solution for proposed Ministry of Finance (MOF) and White label ATM roll-outs planned in Tier 2 and Tier 3 cities across India.

Consul Consolidated Pvt Ltd is a leading Indian company in the manufacture and supply of a full range of power conditioning and power back-up products, services and solutions. Founded in 1981 Consul solutions and products are backed with more than 3 decades of field experience in developing customized power products that meet the exacting standards of clients in supporting critical and sensitive equipment in various industrial and commercial applications.

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