Frost & Sullivan New Product Innovation Award for Transforming Water Utility Management

TaKaDu’s CEM platform delivers exceptional results by effectively addressing water utility challenges and empowers them to enhance operational efficiency, decrease NRW losses, and improve customer service

Yehud, Israel – July 4, 2023  – TaKaDu, a leading provider of advanced water network management solutions, has been honored with the prestigious Frost & Sullivan New Product Innovation Award in the global digital water utility management solutions industry. The recognition highlights TaKaDu’s ground-breaking Central Event Management (CEM) platform, which has revolutionized water utility management by significantly reducing non-revenue water (NRW) losses and improving operational efficiency.

Frost & Sullivan, a renowned market research and consulting firm, conducted a rigorous evaluation of TaKaDu’s innovative solution and identified the company as a standout performer in the digital water utility management solutions industry. TaKaDu’s CEM platform enables water utilities to detect, analyze, and manage network events and incidents in real time, including leaks, bursts, faulty assets, data issues, and operating failures. By providing actionable insights and facilitating quicker response times, TaKaDu’s solution empowers operators to enhance operational efficiency, decrease NRW losses, and improve customer service.

According to Frost & Sullivan, mitigating NRW losses is of paramount importance in the water industry, as leakages and other factors contribute to significant financial losses and the wastage of precious freshwater resources. TaKaDu’s CEM platform delivers exceptional results by effectively addressing these challenges, offering features such as automated leak detection, accelerated response times, high-quality data availability, and enhanced visibility into network incidents.

Sharath Thirumalai, Industry Analyst at Frost & Sullivan, commented, “Reducing NRW losses and associated damages arising from unidentified pipe bursts and leakages is imperative to addressing global water utility management challenges. TaKaDu has introduced its unique and robust CEM platform as a one-stop solution that streamlines water utility management. The software provides real-time early detection alerts that aid water utility operators in mitigating NRW losses – all while enhancing the network’s operational efficiency. Deployed globally, the CEM software has demonstrated significant results, impressive high ROI of X10, including decreasing NRW losses by 30% and accelerating the average repair cycle time by 60%.

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Taxonomy

• Data Management
• Data & Analysis
• Data Science