BuntPlanet and Siemens have signed a sales distributorship agreement. With this agreement, the two companies provide a comprehensive portfolio on equipment, software and services offering advanced solutions for the water industry, especially for the water leakage detection. This will amplify to reduce water losses, secure the water supply and increase efficiency significantly. With this cooperation, both partners will make a major contribution towards securing sustainable water supplies worldwide.
BuntPlanet is a high-tech engineering company located in San Sebastian. The company is pioneering the development of intelligent Big Data Analytics solutions to reduce Water Losses, or Non-Revenue Water (NRW) and related applications. They develop smart technology solutions based on Artificial Intelligence for the water sector, which allow to detect and locate small leaks in water supply networks swiftly and with a high degree of accuracy.
"At BuntPlanet we want to reduce water losses around the world. This agreement will speed up the implementation of Artificial Intelligence to solve this global problem," said Ainhoa Lete, CEO of BuntPlanet.
"As a result of the partnership with BuntPlanet, Siemens customers will be able to detect and localize leakages of any size quickly and precisely within water distribution networks to stop water losses promptly when they occur and to safeguard seamless security of supply in a cost-efficient manner. We are delighted to welcome BuntPlanet as our partner since this allows us to further strengthen our comprehensive digital offering for the Water Industry, particularly in the area of leakage detection within water distribution networks;" said Markus Lade, Head of Siemens Water and Wastewater Industry.
With this agreement, both Siemens and BuntPlanet will offer to the water industry a wide portfolio of equipment, software and services for an advanced water management. BuntPlanet will strengthen the current digital offer with the BuntBrain technology, based on Artificial Intelligence to detect and locate water losses in water distribution networks, and hopes to make a major contribution towards securing sustainable water supplies worldwide.
According to the company, BuntPlanets’ patented BuntBrain technology uniquely addresses both types of NRW, Physical Losses (Leakage) and Apparent Losses (losses due to unauthorised consumption, customer meter inaccuracies or data transmission and handling errors). BuntBrain is highly cost effective and offers a rapid payback on investment for water utilities – with significant benefits in terms of performance compared to alternative technologies. BuntBrain LeakFinder detects 33% smaller (early stage) leaks and can size and position leaks more accurately than other approaches. BuntBrain Water Meters is the only solution available which is customised to the water industry and which learns from user feedback.
The company has been awarded 1.505.270 € funding from EU Horizon 2020 SME Instrument Phase 2 fund and works with leading water utilities in Spain, Portugal, Germany, UK, South and North America.
View BuntPlanet's information on the EIC SME Instrument data hub.
DISCLAIMER: This information is provided in the interest of knowledge sharing and should not be interpreted as the official view of the European Commission, or any other organisation.