Xylem Presents Data Driven Solutions for Proactive Asset Management
June 18, 2019
London – 25 JUNE 2019 – As global water challenges intensify, new approaches are needed to create a step change improvement in water system performance. At this year’sGLS2019, global water technology company Xylem (NYSE: XYL), an impact sponsor of the event, will showcase and discuss how its portfolio of “decision intelligence” tools harness the power of digital technologies to transform utility economics and operations. This new approach leverages the importance of data to inform better system-level choices while understanding and considering future outcomes for operations, maintenance and capital planning. These solutions scan, predict, recommend and prioritize actions and help utilities make progress on the problems that matter most to the communities they serve: water accessibility, environmental sustainability, resilience, and affordability.
Pedro Pina, Regional Director, Europe, at Xylem said, “Decision intelligence solutions use information to support dramatically better capital and operational decision-making, save money, reduce risk, protect the environment, and improve revenue recovery, driving real value for utilities and their customers. It’s still early days, but more and more utilities around the world are harnessing data to deliver unprecedented value to their communities. Ultimately, our approach supports our clients’ commitment to public service – solving problems at scale using best-in-class technology – and affording us the opportunity of a lifetime to ‘solve water’ in communities around the world.”
In 2018, Xylem launched its Advanced Infrastructure Analytics platform focused on leveraging digital technologies to help transform the economics of managing water and solve critical water challenges for our customers and the communities they serve. The platform brings together a portfolio of advanced technologies to help customers better understand the state of their network infrastructure through condition assessments, identify and prioritize problem areas early in the cycle, and allocate resources accordingly to improve their return on investment and extend the life of their assets. These leading-edge digital solutions are driving compelling water, energy and cost efficiencies.
Andrew Welsh, General Manager, Water Utilities, at Xylem presents on how collecting data enables Utility Managers to make intelligent decisions, which in turn helps to manage risks and investments. The presentation will take a deep dive into:
Leakage from various perspectives
How to identify and manage different sources of data to achieve leak detection precision
How data can be used to make leakage investment decisions for the future
Andrew said, “Knowing where to invest in leakage monitoring to make the best return on your investment is a difficult decision, given the many complexities involved in detecting potential leaks in transmission mains versus distribution network. Therefore, identifying the correct process and tools to provide data that you are sure will deliver precise leak detection information is an imperative. The data you use to decide on your leakage investment decisions for the future will come from many data sources, so understanding the data and ensuring its quality is an important step before any machine learning and intelligent decision making process takes place.”
Xylem is working to change the conversation in the water sector and build a body of knowledge to help water managers from around the world embrace the opportunities presented by digital technologies. Throughout GLS2019, attendees can visit Xylem’s stand to learn more about building a smart utility network and how Xylem’s decision intelligence-fueled solutions are delivering significant benefits to utility customers, the broader watersheds they help manage and protect, and the people and communities they serve.
Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings. Xylem also provides a leading portfolio of smart metering, network technologies and advanced infrastructure analytics solutions for water, electric and gas utilities. The Company’s approximately 17,000 employees bring broad applications expertise with a strong focus on identifying comprehensive, sustainable solutions. Headquartered in Rye Brook, New York, with 2018 revenue of $5.2 billion, Xylem does business in more than 150 countries through a number of market-leading product brands.
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all – that which occurs in nature. For more information, please visit us at www.xylem.com.