Vendors Place Big Bets on SaaS, Cloud Computing to Accelerate Digital Water Growth
A key factor driving the rapid growth of the global digital water market is the mainstream adoption of cloud computing, as well as new business models—e.g., Software-as-a-Service (SaaS)—enabled by cloud technology. Though cloud- and SaaS-based solutions were first popularized in the late 1990s and early 2000s, the water industry has only recently begun to embrace them, with a growing number of utilities and vendors moving data
and applications to the cloud.
In this Research Note:
- Advantages of cloud computing over on-premise software for utilities, vendors, and end-users.
- Analysis of subscription revenues for select digital water firms
- Select digital water cloud / SaaS M&A activity