To gain maximum value in an industry so dependent upon its supply chain to drive innovation, water companies need partners who understand and can realise the potential for digital data gathering, manipulation and analytics to deliver data and insight driven outperformance of financial and operational targets.
As utilities wrestle with addressing aging foundational assets while balancing limited capital and rising calls for lower costs and safer water, there is new urgency to explore how data can drive and optimize asset performance and reduce risk.
Yahoo!, the Democratic National Convention and the U.S. Department of Justice were among the high-profile victims hit by major cyber attacks in 2016. Many people believe it’s only a matter of time before a water utility joins the list.
Combining technology, security, and repair and replacement plans enables utility leaders to make incremental changes by overlaying data collection technology and security updates on already planned infrastructure investments.
Among the most notable findings from this year’s Strategic Directions: Water Industry Report is the velocity of planning throughout the industry for implementing more advanced operational technologies, such as advanced metering infrastructure (AMI) and enterprise asset management.
Hydropower projects must be licensed by the Federal Energy Regulatory Commission (FERC), a process that can be time consuming and costly without the appropriate expertise and guidance. For facilities in complicated geographic locations, relicensing can present even more challenges.
This year’s Strategic Directions: Water Industry Report survey shows that while early adopters are making progress with implementing an “Integrated Planning Approach,” opportunity exists to implement this approach on a larger scale, across the board.
Public-private partnerships (P3s) are most commonly known for funding large-scale water infrastructure projects that a utility can’t support through traditional funding. However, other key attributes in the P3 model are often overlooked.