Geva created an artificial intelligence-powered water meter called WINT. The unit is integrated into existing pipe systems, where it can learn normal water flow, detect when things go wrong and turn off parts that don’t work well before any damage occurs, according to Yaron Dycian, product manager and strategy of WINT Water Intelligence, a Tel Aviv-based startup.
WINT communicates with the cloud over a cellular network to provide real-time alerts and alerts through its application.
Launched in 2012, the company’s technology was originally designed for homes, but has since begun to target companies looking to not only avoid damage, but also waste less water.
The huge cost of water damage
“It’s pretty amazing how much damage water can cause to a building,” he tells CNN Business. “A pipe is broken on the 20th floor, water is flowing and anything behind it is really being destroyed. We have customers who have lost tens of millions of dollars in a single event like this.”
“We’ve had a number of problems with leaking pipes in the final phase of construction that caused damage for millions of pounds,” says Paul Connolly, Mace’s technical director.
Beyond the financial cost, Connolly says the damage to reputation and rising insurance premiums forced the company to seek solutions. Today, WINT joins each new Mace construction site, which Connolly says has helped its results and sustainability goals.
WINT typically saves users 20 to 25 percent of water consumption, according to Dycian.
With the supply of pressurized water globally, it is more important than ever to reduce consumption and waste. Even a small or slow leak can waste a lot of water; a 3-millimeter crack in a pipe can waste about 946 gallons of water a day, according to American Water Resources.
“There’s water shortages here (and) here’s a huge business problem that causes massive damage and a solution that manages to fix both,” he says. “That’s exciting for me.”
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