Venture Capital
Andrea Alms Video: Money In Motion Episode 8 - The Future Of Water Is Digital
June 2022 - Venture Capital
TRANSCRIPT:
Hello. My name is Andrea Alms. I'm health care investor and financial manager and this is your money in motion. I imagine with the summer upon us I was asked about water. What I discovered is that the future of water is digital. Yes, it is called the digital water market. The Global Digital Market by technology. This report cites 1.6 billion USD 11.8% compound average growth rate. Other reports cites 7,000,000,0 12.1%. Still $1,000,000,000 market and double digit growth. Here is what does digital water mean? Well, let's take a look at the water world as an example. It means metering and customer management, network management, work and asset management plant management, information management and all the components, hardware, software and services. As for the largest revenue segment, it is the software segment. The global digital water market is divided into hardware, software and services. And yes, the software segment is expected to lead in terms of revenue. That's cash. What does that mean? That means water, smart water metering, that has sensors telling where CO2, temperature, etc., wastewater management using artificial intelligence and blockchain technology. On the next episode will check out who are the major players and the competitive landscape. Thank you. This is your money, your money in motion.