New frontiers in Water Management

Water is one of the world’s most valuable resource, the basis of life on planet Earth. However, little effort is made to preserve and manage it properly, leading to a drastic scenario where it is predicted that, within 20 years, almost a third of the world’s population will have insufficient supply of water.

Considering this, it is surprising that many of the world’s water networks still lose around half of the available resource through leakage from the pipes, causing a monetary drawback, as well as an environmental one. On average, non-revenue water, water that is lost due to infrastructure, equipment and supply inefficiencies, accounts for 28% of the water supplied on a global level.

Moreover, Utilities companies that manage water supply and distribution run the risk of facing severe crises, as collecting outstanding bills from their customers during COVID has become a big challenge. According to some pre-COVID numbers, approximately 10% consumers do not pay their bills and this number is significantly increasing due to pandemic, especially in developing countries.

Indeed, in-person visits to read water consumption or to complete payment procedures are now prohibited by law or declined by consumers. This dramatically increases field and operational costs or even makes operations impossible.

The cost increase that companies are facing might lead to job cuts and poorer service quality, unless Water Utilities start embracing cost-effective smart water meter projects. Digital Transformation 4.0 and technology can help stay responsive and resourceful by deploying smart metering systems to replace outdated, expensive and labor-intensive processes. Additionally, Water Utilities are able to lower costs and ensure a timely response to critical issues.

Why to choose smart water solutions?