Over the past 25 years, Nordic water experts have taken a proactive approach to digital asset management and data-driven decision making that U.S. utilities can learn from to optimize CAPEX spending, reduce OPEX, and ensure efficient and resilient service.
By Ulrich Borup Hansen & Andreas Julskjær Pedersen
In a digital world, nothing is static anymore. This new reality indeed also applies to the methods and approaches historically used to plan and maintain our critical infrastructure.
In the coming years, water and wastewater utilities will be forced to not only replace network infrastructure in unprecedented scale, but also modernize operations with data analytics to leverage smarter, predictive, and cost-effective technologies. According to Bluefield Research, the U.S. and Canada digital water market is expected to scale at a 6.5 percent annual growth rate from $5.4 billion (USD) in 2019 to $10.8 billion in 2030, overtaking more traditional sub-segments of the municipal water and wastewater industry.
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Over the past 25 years, Nordic water experts have taken a proactive approach to digital asset management and data-driven decision making that U.S. utilities can learn from to optimize CAPEX spending, reduce OPEX, and ensure efficient and resilient service.
By Ulrich Borup Hansen & Andreas Julskjær Pedersen
In a digital world, nothing is static anymore. This new reality indeed also applies to the methods and approaches historically used to plan and maintain our critical infrastructure.
In the coming years, water and wastewater utilities will be forced to not only replace network infrastructure in unprecedented scale, but also modernize operations with data analytics to leverage smarter, predictive, and cost-effective technologies. According to Bluefield Research, the U.S. and Canada digital water market is expected to scale at a 6.5 percent annual growth rate from $5.4 billion (USD) in 2019 to $10.8 billion in 2030, overtaking more traditional sub-segments of the municipal water and wastewater industry.
Continue Reading
This archived story is available after you provide your email address and accept our Privacy Policy.
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