Banyan Water Celebrated World Water Day with 2.6 Billion Gallons of Water Savings
Apr 24, 2018
Water-first IoT company delivers 500 percent return on initial investment for enterprises.
Banyan Water, the leading provider of data-driven water conservation for the built environment, announced it has saved more than 2.6 billion gallons of water fo Banyan Water implements advanced data analytics software across entire property portfolios and smart cities to address water issues in their entirety.
“From individual utilities to full-scale smart city initiatives, water management has become more crucial than ever as existing infrastructure ages, water costs rise, urban centers expand, weather patterns change and drought conditions worsen,” said Gillan Taddune, CEO of Banyan. “For Banyan, every day is World Water Day as we help companies navigate the current and future problem of water scarcity to save money and water while creating new efficiencies across entire systems.”
In 2017 alone, Banyan detected more than 400 leaks, preventing the waste of an additional 69 million gallons of water. The company now manages more than 1,000 acres and has increased asset value for its clients by $5.9 million.
“Helping our properties use water in more efficient ways is one of our top priorities as many parts of the world and the U.S. are experiencing severe drought,” said Daniele Horton, founder and president of Verdani Partners, a leading full-service sustainability consulting firm.
“We have been impressed with the water savings Banyan provides to our supported portfolios and we are looking forward to leveraging Banyan’s tools to help other clients meet their water efficiency and reduction targets. Reducing overall water consumption for large commercial facilities can be a challenging task. Utilizing smart technology and data visualization tools is an essential part of ‘greening’ our built environment.”
About Banyan Water
Founded in 2011, Banyan Water is the leading provider of data-driven water conservation for enterprises. Using smart devices and real-time monitoring and analytics, Banyan protects Earth’s most precious resource while generating untapped revenue for clients. Since the company’s inception, Banyan has saved more than 2.3 billion gallons of water, enough to meet the water needs of more than 16,000 households for a year.
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