SUEZ boosts smart water presence with Optimatics investment
French company SUEZ Ventures has invested an undisclosed sum into software company Optimatics...
PARIS, France – French company SUEZ Ventures has invested an undisclosed sum into software company Optimatics.
Founded in Australia and now headquartered in North America, Optimatics’s digital technology solution has been implemented over 50 times, in the US, Australia and France.
Reported to generate a 20% saving on infrastructure investments, the Optimizer tool identifies the most efficient scenarios for the design of water and sewer networks.
It generates combinations of hydraulic equipment (reservoirs, pumps & pipes) balanced between investment cost and infrastructure efficiency (flow, pressure, energy consumption).
Loïc Voisin, director of innovation, marketing and Industrial performance of SUEZ Group, said: “We now have a unique offer to support our clients in optimising their hydraulic infrastructures, from designing a network to operating it throughout its lifetime. This partnership will speed up the deployment of these solutions on all our markets where resilient and efficient networks are a key element of development.”
Corey Williams, president and CEO of Optimatics said the partnership will enable “utilities globally to avoid substantial, and often unnecessary, capital and operational expenditures”.
In March SUEZ announced it would acquire GE Water for €3.2 billion euros (read article).