The world today has countless global threats and challenges and so has the global water industry. There are many agents that are responsible for these challenges and crises. These include population growth, the pollution and the influence of many pollutants that exist in the system.
Other factors include migration, issues that contribute to water reuse, and many other agents. Also, part of the deal includes water rights. Having access to water and water resources is one of the fundamental rights that humans should have. Also. Using these rights in an efficient way is very critical. In many recent times, the World Economic Forum has stated that the environmental risks placed before any economic risks.
The crisis with water is amidst the top three global risks that are present in the world today. Experts say that by the year 2025, around 70 percent of the world population will be living in the cities. Half of this population that is living in the cities will suffer from a scarcity of water and related problems. The UN reports suggest that around 2.0 billion people will suffer from water scarcity by the stated year.
To help people find a way out of such challenges, the EU has started working with different experts and environmentalists as well. There are different and proper standards, rules and regulations set for consumers as well. Such standards are set to make sure that water gets consumed in an efficient way.
But before enforcing any kind of legislation or implementing any clear laws, there are certain key parameters. These parameters need to get addressed. These include regulations on the economic level, the quality of the available drinking water and other economic regulations as well. These make sure the effective use of water as a resource. This should ensure the demands of different factors of production. Also, should be the case of other sectors as well.
With all these challenges combined, experts came up with a viable solution to the problem. They also attempted to solve this problem by managing water usage by using different types of new technologies. With rapid growth in population and increasing trend in urbanization, the consumption of water remains constant on an increasing trend. Hence, making the most out of the water resources and the efficient use of the most vital resource was necessary.
In the modern world, IoT or the Internet of Things is getting things done for people in the world. Using services by different internet services like Mediacom Internet services there is a lot of stuff getting done. These use different smart devices connected to each other via the Internet. To help people get a better way to conserve water and related resources it is playing a very cardinal role. IoT is helping people to control water resources in a very efficient way.
It is developing an efficient and optimized w way to keep a check on water. Not only this, it is providing smart ways to track water consumption which is very crucial. It helps users to address problems related to water. Once you have smart water management and water monitoring systems in place, there will be a better irrigation system. This will provide the best facilities for urban areas and locals living in such areas. Many of such systems are working in many places already.
It is a known fact that water leakage on a very vast scale is happening in many places. There are reports that conclude that around $3.0 billion gets spent almost every year. These help in detecting and repair leakages. If companies start implementing IoT and water management system to manage water, more than $7.0 billion to $12 billion can become your yearly. Let’s look at what is a Smart Water Management looks like and what does a Smart Water Management System looks like:
Smart water management:
Smart Water management and monitoring systems are capable of providing help as water solution providers. These combine together using different devices and create a smart water management solution. These are proficient in monitoring leakage detection in real-time. Also, these help in increasing the quality of water, managing water usage by using sensors and other devices and more. These systems help users by providing input to know the critical factors.
These factors include real-time water pressure, water levels, water temperature, the flow of water and many other critical factors that fall in the domain. With this information on hand, there is a darker end of the story as well. Not every company has come up with some advanced, real-time feature to help or determine the predictive analysis and real-time changes related to water resources.
These systems provide many benefits to users. These include:
More efficient handling of operations:
By providing some real-time operations, organizations can make use of real-time data and make smarter decisions. The real-time data obtained will help authorities and concerned individuals make smart and concrete decisions. Also, these real-time data obtained from sensors and less human intervention help smart systems to improve your water management practices.
More concrete efficiency and productivity:
IoT helps users determine the real-time data and provides information to make smarter and more intelligent decisions for your home and business. Also, these predictive maintenance features help to provide predictions about failures that might occur in the future. You can further use these patterns to fix risks in an instant. Finally, the output is more productivity and more efficiency of the system.
Higher revenue generation:
The Real-time monitoring feature of all devices that help you in reducing the entire management costs. These devices reduce maintenance costs to a greater extent. Also, it helps save energy costs, improves operations and processes, lowers infrastructure cost and requires less or no human intervention. Apart from that, one of the major costs that get consumed in the mobility of water that involves moving water from one place to the other. Using IoT, the mobility cost and the usage of water gets reduced. Hence, organizations earn more and high-end revenues.
Less maintenance costs:
According to a study carried out throughout the industry in different states, more than 25 percent of preventive maintenance activities get carried out within a short period of time. Another study suggests that more than 40 percent of such efforts do not result in no concrete outcomes at all. Thus it results in the failure of assets or a certain asset. Smart Water Monitoring Systems use data obtained from such sensors. It removes any kind of a breakdown by half of it. Also, it reduces by less than 15 percent.
More improvised and transparent use of assets:
IoT sensors also provide data that helps in the real-time tracking of all the assets performing their tasks of tracking assets. They provide more visibility into the processes using different mechanisms. This includes monitoring of drinking water, the pressure of the water, pH temperature and many other things related to water and water resources. Not only this, the real-time data tells you a lot more. For instance, theft and other related activities that occur in the end-to-end processes. Analytics about the Internet of Things helps you to manage different irregularities as well. Also, it provides users with a real picture so that you can make more intelligent decisions for your business.
Internet of Things and related systems bring about different advantages to the elements present in the industry. In short, it provides a new way that can help in collecting data, keep a check and problem-solving. It is one of the most exciting time for Internet of Things to get into action. It has created new ways for other elements to stay active in different industries.
About the author
Nathan John works as a content editor at Local Cable Deals. He has seven years of experience in content writing and he worked for various communication companies.