High Cost of Smart Water Meters Slows Adoption by Utilities
June 1, 2017 --
A Bluefield Research report found that water utilities are expected to spend $20 billion on software, data, and analytics solutions over the next decade with more than $15 billion of that on smart meters. Therefore, water utilities have some catching up to do. According to a report by West Monroe Partners, about 35% of water utilities have adopted automated metering systems, yet of those utilities, only 45% state they've implemented some form of analytics.
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