The water management industry is an asset concentrated, rate-restricted industry requiring informed decision-making to effectively balance increased safety with capital investment and operational expenses. Capital resources for the water industries can make it difficult to meet on-going challenges like aging infrastructure, declining revenues, retiring experienced workers, and regulations.
One way water companies can face these challenges is to find effective ways to utilize their current assets to increase return on investment and increase safety. Digitally transforming operations will rely on better use of existing data coupled with new sensors, information integration, and data analytics.
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