Will Smart Water Grids Become a $16.3 Billion Industry by 2020? Economics Published on November 19th, 2009 | by Scott James If you read this site you know that water is a major issue and how we relate to and manage our water could be the defining issue of the 21st century. Water innovation is just now starting to build buzz and attract investors, with venture capital still not flush and technologies very much in their infancy. Any discussion of macro-water issues brings up the smart water grid as a necessary but complicated step- but will smart water grids, currently a $530 million market, become a $16.3 Billion industry in the next ten years? A new report from Lux Research thinks it will. Photo Credit: Orin Zebest Is the smart water grid the next big thing in business? According to Lux, the smart water grid market could balloon over the next ten years as it becomes increasingly important and draws both investment and innovation. About the Author. Is Water the Next Critical Smart Grid?
Oracle survey indicates the adoption of smart water meter technologies is key to conservation. In light of periodic energy shortages and costs spikes, HP, Google, IBM and a host of other companies have pushed for the broad adoption of smart grid technology to measure usage, spot trends and help control energy costs. Now water may be the next major resource to get the smart grid treatment.
In a recent survey of more than 300 water utility managers conducted by database giant Oracle (NASDAQ: ORCL), 68 percent said they believe it is critical that water utilities adopt smart meter technologies. At least 36 states are projecting water shortages between now and 2013, according to a statement from Oracle. Oracle also found most of the 1,200 U.S. consumers it surveyed felt water conservation was important to them.
IT analyst Charles King said he's not surprised Oracle would promote smart meter adoption for the water industry. How about smart pricing? Smart Water Grid « The Water Monitor. Singapore International Water Week: Asian Utilities Looking for Smart Solutions It’s been busy last week in Singapore… TaKaDu participated in the Singapore International Water Week (SIWW) – a huge event combining several conferences and trade shows that have attracted about 750 organizations and more than 18,500 individuals, including mayors, ministers and government officials. TaKaDu had a booth in the Water Expo, gave a presentation at the water convention and participated in the Smart Grid Technology forum and in SWAN Asia workshop.
Between one meeting to another, VP Marketing, Guy Horowitz had the opportunity to be interviewed for the media (watch the interview on CNBC). During this week we met many potential clients and partners from all around the world. Being our first extensive exposure to Asia, we realized that the Asian market is developing fast, and the need for smart solutions is growing dramatically. July 12, 2012 at 11:28 am Plugging the Leaks: The Business of Repair. Grid Unlocked » Water And The Smart Grid. A smart grid is a transactive grid. - Lynne Kiesling Water And The Smart Grid February 26th, 2011 Several interesting articles on water and the smart grid: The first , courtesy of Water Efficiency.net, examines whether or not “smart water grid” is just a new label for the water efficiency protocols that have been discussed for years and whether the smart grid (for power or water) must depend upon a centralized network, or can the principals of quality control, automated monitoring, and fine-tuned distribution be applied to diverse and distributed networks?
Second, a bullish report from Korea’s IT Times that global investment in smart water meters may reach $4.2 billion by 2016: This entry was posted on Saturday, February 26th, 2011 at 7:07 am and is filed under Uncategorized . Leave a Reply You must be logged in to post a comment.