US water utilities are projected to invest $8.3 billion in smart infrastructure over the next ten years, according to a new study published today by Northeast Group, LLC. Municipal water infrastructure in the United States is aging and in need of significant modernization. Many water utilities have little data on their distribution network operations and still rely on manual meter reading for billing. A new industry survey shows that this has begun to change as utilities are increasingly deploying smart water infrastructure with sensors and two-way communications
Analytics software solution provides revenue assurance and water loss control
ST. LOUIS, June 6, 2017 /PRNewswire/ -- Aclara, a leader in smart infrastructure solutions to electric, water and gas utilities, and Valor Water Analytics, a developer of advanced meters analytics for water utilities, announce the formation of a strategic alliance to help water utilities reduce non-revenue water losses by analyzing data collected by advanced metering infrastructure (AMI) systems.
Valor's solutions specifically improve water utility operations by locating sources of unbilled water. These apparent water losses include billing irregularities, meter-read errors, meter tampering, meter inaccuracy, meter right-sizing and meter misclassifications.
Valor's machine learning and artificial intelligence methodologies are especially useful in recovering hidden revenue by pinpointing broken meters that are not registering correctly. These are almost impossible to locate without trend-spotting analysis that differentiates between behavioral change and mechanical decay.
"The alliance between Aclara and Valor will allow utilities to make analytics an integral part of their AMI strategies for boosting revenues and reducing water losses," said Allan Connolly, president and CEO of Aclara. "Our relationship with Valor also supports our goal to become the leading end-to-end provider of smart infrastructure solutions to utilities."
Aclara plans to provide Valor analytics through the same graphical user interface they use to access their AMI system information. The tight integration between the AMI solution and the analytics software will allow utilities to identify and respond to problems quickly.
"By using analytics to identify apparent water losses utilities will get more value out of the data collected through their AMI systems, providing actionable intelligence to drive revenue, operational efficiencies and customer satisfaction, while minimizing risks and increasing financial resilience," said Dr. Christine Boyle, founder, and CEO of Valor Water Analytics.
In addition to identifying apparent water losses, Valor's analytics solutions can help utilities improve customer satisfaction by identifying customer usage patterns that might lead to non-payment, allowing utilities to develop proactive strategies to avoid cutoffs. For more information, read our blog post, "The Skinny on Curbing Apparent Water Loss."
Aclara and Valor will be demonstrating the value of their combined systems at the upcoming AWWA Annual Conference & Exposition (ACE17) in Philadelphia from June 11 to 14 in booth #2733.
Aclara Technologies is a world-class supplier of smart infrastructure solutions (SIS) to more than 800 water, gas, and electric utilities globally. Aclara SIS offerings include smart meters and other field devices, advanced metering infrastructure and software and services that enable utilities to predict and respond to conditions, leverage their distribution networks effectively and engage with their customers. Aclara recently won a Frost & Sullivan Global Smart Energy Networks Enabling Technology Leadership Award, was named a finalist in three categories of the Platts Global Energy Awards and was listed on Government Technology's GovTech 100 list of companies that sell to state and local governments. Aclara is owned by an affiliate of Sun Capital Partners. Visit us at Aclara.com, follow us on Twitter @AclaraSolutions or read our blog.
About Valor Water Analytics
Valor Water Analytics was founded in November 2013 in San Francisco by Christine E. Boyle, PhD.
Valor Water Analytics develops customer sales monitoring tools allowing utilities to track and measure their utility's revenue, customer behaviors, and affordability through a set of propriety analytics. The Valor Water Utility Solution integrates each utility's own data into a web-based tool as every utility has unique customers and policies. This set of solutions was developed by Dr. Boyle while at the University of North Carolina's Environmental Finance Center. Valor Water Analytics, Inc. is a woman-owned business.
Join three distinguished speakers on how to resolve Apparent Water Loss at your utility. Jim Poff from Clayton County Water Authority, David Wallenstein from East Bay MUD and Christine Boyle from Valor Water Analytics will deliver an infomrational webinar on strategies to detect and resolve apparent water loss.
This is the latest in my series of posts spotlighting underrepresented communities around the world and the entrepreneurs trying to help them. In this installment, I talk to a company tapping into water utility data to stop leaks, and stop people from losing their service.
Although many people work hard to ensure important resources like water are not wasted, there are still times when we lose it without even knowing it. When this happens, it means higher water bills, waste of one of our most valuable resources, and sometimes, customers getting their service shut off.
#govtech is trending. Strongly.
It is an overnight success 30 years in the making. As our masthead suggests, we have been covering the intersection of government and technology for more than three decades. So why the GovTech 100, and why now?
Valor Water is endorsed by Lux Research as both a "high potential" and "dominant" technology in the water technology space, according to an article published today "Boiling Down the Top IoT Startups in the Water Industry".
A recent Bloomberg Technology Report highlights Valor Water as part of the newly branded Smart Cities sector.
"City governments are in part fueling the shift in sentiment, turning to venture investors and startups to spawn innovative ways to use the data. They’re subsidizing office spaces, providing tax benefits and funding incubators.
That’s creating fertile ground for young companies. Radiator Labs, founded in one of Columbia University’s graduate apartments to reduce heat waste from radiators, got permission to test in the school’s housing before going on to get support through a state-funded program. U.K.-based Pavegen, which creates flooring that converts footsteps into energy, plans to install its technology in Washington’s Dupont Circle. By helping utilities track water use, San Francisco-based Valor Water Analytics is aiming to reduce waste and more efficiently distribute the resource."
Clara Brenner and Julie Lein, the co-founders and managing partners of the Urban Innovation Fund, are recipients of NBC's 21st Century Solutions Award. 21st Century Solutions is a grant program that gives money to entrepreneurs who are helping move communities forward.
They save the best for last and announce portfolio company Valor Water Analytics as a company to watch.
FROM TECHCRUNCH—Faced with droughts and an increasing environmental effort in America to conserve water, utility companies have struggled to keep their financial houses in order in light of reduced usage. One former Startup Battlefield competitor — Valor Water — hopes to help these companies get back on track. Read the full article here
Valor Water Analytics, a company that delivers water loss and efficiency analytics to utilities, announced Friday the close of a $1.6 million funding round, led by Shore Ventures II and including Apsara Capital, Syzygy West, Urban Innovation Fund, and 500 Startups.
When Christine Boyle started her company Valor Water Analytics, she didn’t expect it would be a Silicon Valley technology startup.
After all, the company, founded in North Carolina, based on her PhD work, helps public water utilities analyze their data to conserve water and increase revenue. It’s not your typical photo sharing or chat app.
The company’s main product is a revenue loss detection tool that analyzes a utility’s data to help identify leaks, broken meters, and other lost revenue. Clients have added an average of 2.3% of revenue by using the service. The subscription service uses software without requiring any hardware to install.
Valor Water Analytics was featured in a Consumers’ Research article that highlighted the ways “analytic software can help water utilities understand how water conservation and changes in general water use patterns are impacting their revenue.” Using sophisticated data analysis this software can help utilities discover lost revenue and produce substantial cost savings. These savings, according to Valor Water Analytics President Dr. Christine Boyle, “can help reduce [utilities’] expenses, increase revenue, increase liquidity (more cash that isn’t restricted), and can help reduce leverage (pay down debt).” The article can be read here.
SAN FRANCISCO, CA, January 8, 2015 — Valor Water Analytics is one of 12 companies from a global pool of 100 applicants selected to participate in the 2015 Imagine H2O Water Infrastructure Challenge. Valor Water Analytics is a subscription-based software as a service product that delivers a suite of business intelligence tools for water utilities to address financial issues such as conservation, revenue risk, and affordability by leveraging utilities’ own data.