CPG (CANARA) Overview
Company Headquarters: US
Founded: 1992
Workforce: 51-100
Company Working: Canara, Inc., is a comprehensive solutions provider serving global markets with UPS and battery monitoring systems, branch circuit monitoring systems, and predictive services that ensure mission-critical power for data centers and commercial operations. In 2019, Columbia capital acquired Capitol Power Group (CPG) and merged it with Canara and renamed it to CPG. The battery monitoring system offered by the company helps data center and facilities managers to monitor the critical power battery sets within their installations, prevent downtime, and reduce maintenance and replacement costs.
Strategy
CPG (CANARA focuses on investing heavily in research and development to incorporate innovation into its products. It is working on enhancing its product portfolio to meet the changing demand of its clients. The company also focuses on signing new contracts with international clients to improve its financial position. It has been concentrating on expanding its activities globally and becoming a leader in a highly competitive market. It aims to gain a competitive advantage in the global market by increasing its sales in developing countries via a strong distributor channel. Moreover, the company’s long-term growth strategy involves the expansion of its core business segments through acquisitions, which ensures its financial stability.
