Frost Radar™: Digital Twins in the Global Water Industry, 2021

Frost Radar™: Digital Twins in the Global Water Industry, 2021

  • October 2021 •
  • 36 pages •
  • Report ID: 6177190 •
  • Format: PDF
Water utility networks are data-rich environments, but information silos can make it difficult for operators to ensure that energy- and cost-intensive assets are working cohesively and at peak performance. An operator may be able to identify a problem in isolation but not fully understand how it could affect an entire system; any delay in rectification could prove even more costly as effects cascade through the network.A digital twin (a digital replica of physical assets) provides a complete visualization of water intake, treatment, and distribution processes so that utility operators can make more informed decisions about design, construction, and operation from a single source of truth. In the operation and maintenance phase, data-driven analytics allow for leak detection, asset optimization, predictive maintenance, and what-if scenario analysis. In addition to urban water and wastewater treatment plants, desalination plants present an opportunity for vendors to explore and generate new revenue.A vendor’s challenge is to prove a solution’s return on investment in the form of lower capital and operational expenditure (including energy and chemical costs savings), fewer carbon emissions, higher productivity, and less unplanned maintenance. The radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the radar™ methodology. The document presents competitive profiles on each of the companies in the radar™ based on their strengths, opportunities, and a small discussion on their positioning. The analyst examines the established companies in an industry and benchmarks them across 10 criteria on the radar™, where the leading companies in the industry are then positioned.
Author: Anirudh Bhaskaran