The financial impact of COVID-19 on
drinking water utilities is an anticipated $13.9 billion
In these times of uncertainty and operational adjustments, utilities are scrambling to get a handle on municipal water demand and production costs.
Are you able to accurately predict flows, pressures and tank levels across a system? Do you have remote operational visibility across your entire water network 24/7/365? Can you present, historic and forecasted performance for every asset within the system?
If not, then it’s likely time to evaluate the advantages of a cognitive Digital Twin (CDT)—a single intelligent platform that brings together engineering, information and operational twins for visibility across the whole infrastructure asset lifecycle.
By bringing engineering, information and operational data together, a CDT can effectively show lost revenue versus cost savings with a click of a button—critical data for any utility to develop an effective operational action plan.
For example, finance managers can instantly see whether fixing meters or billing errors could result in a new revenue source OR whether the cost savings would be significantly greater than fixing or replacing deteriorating pipes.
Especially important in these times, these individuals also instantly visualize residential and non-residential water demand level and patterns, which directly influence actual water production. With another click, compare actual water production with budgeted revenue.
Engineers and operators gain similar situational awareness advantages. A comprehensive Central Event Management allows engineers and operators to proactively manage events (e.g., fire, pipe break, pump outage) in real-time with smart response strategies that minimize ensuing effects for customers. Within a CDT, these water experts are able to identify and analyze trends and variations from operating norm compared with historical operating data—and then calculate and monitor key performance indicators, asset condition and infrastructure performance over time.
Once your engineering, information and operational data is combined, the possible applications are virtually limitless. You could instantly audit water supplies, locate water loss locations, quantify and value losses, devise cost-effective control programs to reduce non-revenue water (including unbilled and underbilled accounts), improve pressure management in supply zones to reduce leaks and breaks and maintain more stable, and so on.
Want to see how your organization can benefit from a CDT, contact us.