Fracta Partners With Esri To Bring Innovation To The Water Industry
The partnership pairs Artificial Intelligence with GIS to mitigate aging water infrastructure risk
REDWOOD CITY, Calif., Jan. 30, 2019 /PRNewswire/ -- Fracta, a market leader in applying Machine Learning to assessing aging water infrastructure, has announced a partnership with Esri®. The global Geographical Information System (GIS) technology leader, Esri implements GIS to solve complex problems.
Fracta and Esri will provide municipal and investor-owned water utilities a solution that visualizes and assesses the Likelihood of Failure, Consequence of Failure, and Business Risk Exposure associated with aging water distribution water mains. Fracta will exhibit at the Esri Water Conference February 4-6, 2019 in Nashville, TN. Visit Fracta at Booth #106.
The integrated software will enable these utilities to make fast, accurate and capital-efficient risk mitigation decisions about buried water main infrastructure. It will also provide an architectural framework to readily integrate with other important software applications used by water utilities for Enterprise Asset Management (EAM), Computerized Maintenance Management Systems (CMMS), and Hydraulic Modeling.
"With 90 percent of water assets being location-based and most water main pipe data stored in GIS files, the intersection of GIS and Machine Learning was inevitable for both visualization and analysis for aging infrastructure risk management," said Takashi Kato, Co-founder, President and CEO of Fracta. "Moreover, the availability of digital asset data from GIS, CMMS and EAM systems supports a fully integrated asset management solution."
Fracta is a Silver partner in the Esri Partner Network. The Esri Partner Network is a rich ecosystem of organizations worldwide that develop and deliver cutting-edge GIS solutions and services based on Esri technology. The global program is designed to reward partners for their commitment to Esri and meeting real-world customer needs.
"The Fracta-Esri partnership brings together two world class, best of breed technologies to deliver fast and accurate data driven condition assessment for the water industry. As a fully integrated technology partner, Fracta is now also connected to the entire Esri water ecosystem," David Wachal, Director – Esri Global Water Practice.
About Fracta
Fracta is Bringing Artificial Intelligence to Infrastructure. Fracta's SaaS platform uses Machine Learning to visualize, assess and monetize the risk associated with aging water distribution water mains and recommend capital efficient risk mitigation strategies. Utilizing Machine Learning in condition assessments as part of a proper infrastructure asset management program contributes to the reduction of the economic impacts incurred from water main breaks and help water utilities more efficiently allocate and spend their capital investments. For more information on how to create intelligent infrastructure. Visit us at fracta.ai.
About Esri
Esri, the global market leader in geographic information system (GIS) software, offers the most powerful mapping and spatial analytics technology available. Since 1969, Esri has helped customers unlock the full potential of data to improve operational and business results. Today, Esri software is deployed in more than 350,000 organizations including the world's largest cities, most national governments, 75 percent of Fortune 500 companies, and more than 7,000 colleges and universities. Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and location analytics to inform the most authoritative maps in the world. Visit us at esri.com.
SOURCE Fracta
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