Banyan Water, a provider of data-driven water conservation software for the built environment, has saved four billion gallons of water for enterprises since its inception, with 530 million gallons conserved and $36 million in asset value created in 2020.
Banyan released its water savings achievement as the southwestern U.S. faces a historic drought, with more states experiencing exceptional drought conditions than in the past two decades, according to the U.S. Drought Monitor. Amid severe dryness, plunging water reserves and lower-than-average precipitation, Banyan is the only total water management solution spearheading effective, enterprise-level water conservation by decreasing consumption and mitigating risks that lead to unnecessary water loss.
Banyan CEO, Gillan Taddune said: “We’ve reached a critical tipping point for water conservation as worsening droughts grip the nation and cities confront strained resources, aging water infrastructures, rising water rates and population growth. Water is a finite resource. We can’t wait until we run out to create meaningful change in water management. If enterprise leaders don’t take responsible action now, they risk dangerous consequences that could last for generations. Banyan Water is proud to deploy intelligent water software solutions that have saved 4 billion gallons of water for our customers.”
Using IoT-enabled, SaaS-based water technologies—such as Banyan Water Central, a total water management platform—Banyan analyses real-time data to monitor water usage and pinpoint hidden anomalies. It detected 505 irrigation leaks in 2020 alone, saving $1.75 million.
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