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A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
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Rapid urbanization, water stress, and climate change has forced urban water utilities to adopt smart solutions that could enable efficiency and optimization. Smart water meters have enabled utilities to recover costs, sustain water infrastructure, ensure optimized distribution, reduce wastage, improve system and resource efficiency, and provide customers with quality service (including accurate billing and enabling water conservation). Frost & Sullivan’s revenue forecast of the smart water meter market estimates that it will grow at a CAGR of 18.5% from $1.4 billion in 2018 to $4.6 billion in 2025.The key technologies that have enabled its growth and penetration are smart communication solutions such as LPWAN networks and cloud-based data analytics and software solutions. LPWAN has enabled automated meter reading (AMR) and/or automated metering infrastructure (AMI). Automated meter reading enables one-way communication between the meter and the water utility, whereas automated metering infrastructure enables bidirectional communication between the meter and the water utility.For this research, Frost & Sullivan used a unique and robust platform called Frost Radar to analyze the market and identify Companies to Action (C2A). We analyzed around 40 smart water meter companies and narrowed this to a select 19 smart water meter companies based on their growth indicators and on their recent innovations. Frost & Sullivan has evaluated and positioned these 19 companies based on 2 major indices, Growth and Innovation, with each index having 5 criteria.Companies that are positioned in the radar are: Sensus, Itron, Kamstrup, Badger Meter, Neptune, Mueller, Arad Group, Apator, Honeywell Elster, Diehl, Zenner, Madallena, G. GIOANOLA, MiDoMet, B METERS, Baylan, Betar, INTEGRA METERING, and Fila Sztum.The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes several companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
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