BJERRINGBRO, Denmark and YEHUD, Israel, May 2, 2017 /PRNewswire/ --
A partnership between Grundfos and TaKaDu is set to ramp up the companies' capabilities within digital water management systems. The collaboration will combine Grundfos' technological expertise and experience with TaKaDu's analytical event management solutions to transform raw data into end-customer value.
"Being a global leader in our segment, we have worked with connected solutions for quite a while, and we have got the experience and technological capability to offer monitoring services to our customers. However, the partnership with TaKaDu accelerates our efforts in the digitalization journey, and allows us to speed up the process of providing our customers with best-in-class, data driven solutions," said Kenth Hvid Nielsen, Group Vice President, Global Water Utility, Grundfos.
The two companies are already in the process of exploring the partnership opportunities by running a joint pilot at Frederikshavn Forsyning, a Danish water utility company. Here the high-tech solutions are employed and tested in a "live" environment.
"We are very excited to partner with Grundfos in the global water market, and expand our comprehensive event management solution to new dimensions of data, related to energy and network operations. Data analytics yields a wide spectrum of benefits, and we are confident that this partnership will boost efficiency of both water and energy," said Amir Peleg, TaKaDu's Founder and CEO.
Using data analytics in water utilities helps optimize operations and decision making with real-time information about events, such as leakages or assets failures, including the time it started, magnitude, location, etc. This helps utilities detect any incident at an early stage, increasing visibility, and making it easier to reduce water loss and improve customer service.
Future digital offerings leveraged by this partnership can help water utilities on a global scale to fulfil new operational targets for saving energy and water, as well as managing water network assets in the most economical way.
About the companies
Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. The company contributes to global sustainability by pioneering technologies that improve quality of life for people and care for the planet. As such its core activity aligns closely with the sustainability aspects of how we use water and manage water quality. Grundfos has over 18,000 employees working out of 56 countries all around the world. For more information, visit http://www.grundfos.com, follow @grundfos on Twitter, or visit our Facebook-page at http://www.facebook.com/Grundfos/
TaKaDu (http://www.takadu.com ) optimizes operational efficiency and improves water management across-the-board. A proven IoT solution for the water industry, TaKaDu offers the most comprehensive integrated event management platform, based on big data analytics and sophisticated algorithms. TaKaDu provides multiple benefits, including reduced leakages and supply interruptions, automatic early warning of anomalies, improved data integrity, and KPI measurements. Ensuring a faster response time, TaKaDu also helps to improve customer service. A cloud-based SaaS platform, TaKaDu brings together huge amounts of information in an easy-to-use, flexible and scalable solution. Its innovative approach has earned notable commendations, including the World Economic Forum Tech-Pioneer Award and a Harvard Business School case-study.
SOURCE TaKaDu and Grundfos