SKion Water investment FIDO Tech partners with Oldcastle Infrastructure to deliver smart water services across North American market
Atlanta (GA), USA
FIDO Tech, a member of SKion Water group and an Artificial Intelligence (AI) and technology solutions provider, and Oldcastle Infrastructure, a CRH company and a leading provider of innovative infrastructure solutions, announced their strategic partnership to deliver unparalleled leak detection and broader water management and conservation solutions in the United States.
The United States loses roughly two trillion gallons of treated drinking water annually, costing municipalities, government agencies and water districts an estimated $7.5 billion. Oldcastle Infrastructure's comprehensive suite of smart water solutions, powered by FIDO Tech's advanced technologies with actionable AI at the core, will provide municipalities, water utilities and industrial clients with real-time monitoring, leak detection and predictive analytics to address treated drinking water losses.
Leveraging its national footprint, Oldcastle Infrastructure will facilitate and accelerate the rollout of FIDO Tech’s AI-led non-revenue water (NRW) detection service across the US market. This will allow more US utilities to benefit from FIDO Tech’s current leakage reduction levels of more than 50%.
Leveraging real-time data, municipalities, water utilities and industrial customers will be able to optimize operations and prioritize leaks ahead of a catastrophic system failure, reducing repair costs and downtime. The partnership between Oldcastle Infrastructure and FIDO Tech reinforces the shared commitment of both companies to sustainability, resilience, and technological innovation. By harnessing the power of their combined expertise, Oldcastle Infrastructure and FIDO Tech aim to transform water management practices and contribute to building a more sustainable future.
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