Asset Management in the News
Forecast 2021
The recent fallout has led to changes in consumer behaviors, company operations, and strategic planning overnight. As a result, the water industry is compelled to pivot toward more resilient services, solutions, and sectors. Following a tumultuous 2020, Bluefield Research analysts look at what the water industry might expect in the new year. WaterWorld 15 Dec 2020The most important benefits of digital water is asset visibility and optimization
According to Bluefield Research in the COVID-accelerated growth scenario, the US and Canada digital water market is expected to expand at a compound annual growth rate of 8.7% between 2019 and 2030, compared to 6.5% in Bluefield’s pre-crisis Steady Flight forecast. Smart Water Magazine 15 Oct 2020Remote Monitoring Mitigates Emergencies
A recent report by Bluefield Research titled, “Focus Report, Water Industry 4.0: U.S. & Canada Digital Water Market Forecast, 2019-2030,” presents an analysis of the U.S. and Canadian digital water market. This report cites that annual capital expenditures for digital water solutions will rise from $5.4 billion in 2019 to $10.8 billion in 2030, setting the stage for more advanced monitoring and management of critical infrastructure. Water and Wastewater Digest 23 Sep 2020Digital Twin: From Hype to Reality
Spurred on by economics, resource risk, regulations, and the ongoing pandemic, the water sector is accelerating its adoption of digital solutions. Aquatech 08 Sep 2020Danaher acquires Aquatic Informatics from XPV
Aquatic Informatics Inc. has been acquired by Danaher’s Water Quality platform from XPV Water Partners. Aquatic Informatics provides software solutions that address critical water data management, analytics, and compliance WaterWorld 21 Jul 2020COVID-19: watershed moment for digital transformation of water sector
It is difficult to overstate the challenges that COVID-19 poses for the water sector, from operational difficulties to acute financial shocks. But the pandemic also presents a long-term opportunity for the industry to rethink the status quo and embrace innovation. Smart Water Magazine 26 May 2020Report: Data demand will drive $92 billion in investment by 2030
Spending for digital water solutions in the United States and Canada is forecasted to grow 6.5 percent annually, far outpacing the growth of the broader municipal water and wastewater sector over the next decade, says a new report from water market research firm Bluefield Research. Water Finance & Management 31 Jan 2020Testing the Water
According to Bluefield Research, $35 billion is anticipated to be spent on the Digital Transformation of water over the next 10 years. This sector has been completely underserved as it pertains to modern business applications that have revolutionized other [private] sectors over the last 20 or so years. Forbes 04 Nov 2019DIGITAL WATER COMPANY SECURES $7M SERIES A FUNDING
120WaterAudit, the industry-leading cloud-based water software platform, announced $7 million in Series A funding, led by HG Ventures — the corporate venture arm of The Heritage Group, partnering with innovative, high-growth companies to support a sustainable future — with participation from Allos Ventures and Greenhouse Capital Partners. Building Indiana Business 22 Oct 2019Affordability Through Advanced Asset Management
A recent study conducted by design and consultancy firm Arcadis and market researcher Bluefield Research revealed a surprising statistic: only 21 percent of utilities feel they are currently able to fully cover the cost of service. “And we’re expecting to see that number drop to as low as 15-16 percent in the future,” said Eric Bindler, digital water research director for Bluefield Research. WaterWorld 28 Aug 2019Artificial Intelligence Can Prevent Enormous Amounts Of Damage And Water Loss From Building Leaks
The system uses artificial intelligence to detect leaks, thereby conserving water and preventing damage in commercial and government buildings. From taps and toilets to hidden pipes and water towers, the cost and destruction caused by leaks can add up. On average, buildings waste 25% to 30% of water consume Forbes 18 Jul 2019‘Intelligent water’ could save U.S water utilities $17.6 billion, report says
According to a new report by Arcadis and Bluefield Research, intelligent water can address two of the biggest challenges facing the U.S. water utility sector today: affordability and resilience. “The research indicates that only 21 percent of utilities feel they are fully able to cover costs of service,” said Eric Bindler, research director for digital water, Bluefield Research." Water Finance & Management 19 Jun 2019Bentley Makes Waves with Digital Water Works Acquisition
On March 1, Digital Water Works(DWW) announced that Bentley had made a strategic investment in its business. The company delivers digital twins for “wet” infrastructure (water and wastewater utilities). Engineering.com 26 Mar 2019Water Utilities Call on Big Data to Guide Pipe Replacements
Detailed data can help separate the good from the bad, and San Francisco PUC and a handful of other utilities are turning to a growing cluster of analytics companies to help them make sense of it. The hope is that the tools of artificial intelligence and machine learning...can pinpoint which pipes are most likely to fail and thus are the best candidates for replacement. Circle of Blue 25 Jan 2019The Water Landscape is Changing: 9 Trends to Watch in 2019
Municipal water is arriving — if it has not already — at a crossroads at which long-established and proven water and wastewater utility management practices are being challenged. Calls for increased adoption of more advanced solutions — digital water, reclaimed water use, decentralized treatment — are forcing water service providers to take note. Certainly, these calls are partly being driven by hype but where there is smoke, there is usually fire. WaterWorld 19 Dec 2018A Smart Approach To Water Loss
Water loss remains one the serious challenges that regional utilities are still working hard to address. For most water utilities, it is important to close the considerable gap between the volumes of water they supply and those that are billed to the customers. Utilities Middle East 13 Nov 2018DEWA targets to equip Dubai with smart water meters by end of 2018
The utility has plans to have Dubai consumers equipped with a smart water meter by the end of the year. The smart water meter project has helped DEWA identify 20,000 water leakage cases, 4,700 faults and 1,400 extra-load cases. This resulted in total savings of about AED 52.6 million. ESI Africa 01 Nov 2018SUEZ boosts smart water presence with Optimatics Investment
French company SUEZ Ventures has invested an undisclosed sum into software company Optimatics. Founded in Australia and now headquartered in North America, Optimatics’s digital technology solution has been implemented over 50 times, in the US, Australia and France. WaterWorld 02 Oct 2018Advanced asset management solutions could help narrow U.S. utilities’ funding gap by as much as $62.4 billion over the next decade.
