NEC Corporation (NEC; TSE: 6701) and Gutermann AG, a Switzerland-based global leader in advanced leak detection technologies, signed an agreement to jointly promote intelligent water loss management solutions and products.
The agreement aims to advance joint business development of solutions for leak detection in fixed water networks and to support the creation of innovative business models that can be widely applied throughout markets all over the world.
Tomonori Nishimura, Senior Vice President, Head of Social Infrastructure Business, NEC Corporation, said:
“The demand for water management is increasing as the world’s population is estimated to reach 9 billion by 2050, while the ratio of urbanization is expected to grow to 70%. Continuous monitoring of water leaks in order to save valuable drinking water is a key aspect for effective use of aquatic resources in urban areas.”
Lucas Grolimund, CEO of Gutermann, added, “Gutermann’s professional experience in acoustic water leak detection combined with NEC’s innovative cloud platform will deliver vital business options to decision makers in water utilities. We are excited to contribute our unique expertise in intelligent water loss technologies to the collaboration and to provide NEC’s platform with advanced leakage detection solutions.”
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com .
About Gutermann AG
Gutermann is a global technology leader and innovator in intelligent water loss technologies and leak detection equipment. Gutermann covers the full range of conventional leak detection technology, and is the only provider of permanent, unmanned, correlating water network monitoring systems enabling utilities to identify water leaks and to pinpoint them remotely. Headquartered in Baar, Switzerland, Gutermann has offices in Europe, North and Latin America, the Middle East, South East Asia and Australia. For more information, visit Gutermann at http://www.gutermann-water.com.