APANA’s ability to capture and deliver highly reliable data to its cloud-based analytics platform starts with its technology. |
Market Potential
Dr. Corina Carpentier, a water quality monitoring expert and member of the O2 Environmental Technology Assessment Group, said, “Smart sensors connected through the Internet of Things have the potential to dramatically change the nature of water management in buildings.” As water shortage becomes more common, towns, cities and large water users are looking for ways to make their systems more resilient and proactive. “This is an area of the market set for rapid expansion,” she said.
Paul O’Callaghan, Chief Executive of BlueTech Research, said, “APANA caught our attention because they have developed an IoT solution geared toward the commercial sector, suitable for use in buildings. This is an untapped market when it comes to data and monitoring solutions focused on water conservation and loss reduction. Matt and the team at Apana also had some compelling case studies where the value of the solution had been demonstrated.”
Looking to the future, Rose added, “When you go to buildings in all the big cities, water is an afterthought, there’s no one really managing it. Ten years from now we could see all the buildings being touched by our technology in some way - that’s our goal, our vision.”
About the Author: BlueTech® Research (www.bluetechresearch.com) provides investors, water companies, researchers and regulators with critical analysis on emerging water technology market areas. The next BlueTech Forum will take place in Dublin, Ireland, on June 6-7, 2017. For more information, visit www.bluetechforum.com.