ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Xylem Signs Publiacqua Contract to Support Italy’s Sustainable Water Future

Empowering Local Communities with Advanced Water Technology

Xylem (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, sets a new milestone in Italy's sustainable water journey through an innovative agreement with Tuscany's Publiacqua.

Under a three-year contract, Xylem aims to strengthen the resilience and operational efficiency of Medio Valdarno's water infrastructure by leveraging cutting-edge technologies including meter data analytics, real-time leak detection modules, and predictive maintenance tools. These solutions will enable the region to respond proactively to varying water demands and environmental challenges, such as drought, ensuring a more efficient and reliable water supply.

By transforming water management into an intelligent, responsive, and sustainable operation, this partnership aims to revolutionize the region’s water supply system from source to tap. At the core of the transformation is Xylem Vue powered by GoAigua, a software and analytics platform that streamlines utility data and simplifies the operation and management of water and wastewater services.

With its advanced data analytics and applications, Publiacqua's operators and managers can proactively identify and address potential pipe failures, allowing for timely maintenance before critical issues arise. This prevents costly disruptions and optimizes maintenance schedules, reducing expenses and enhancing the overall efficiency of the water network. These actionable insights are key to transforming water data into effective, real-time responses, thereby safeguarding the water supply and bolstering the sustainability of the entire network.

“This initiative signifies more than just technological advancement; it impacts real lives. Given the urgency of climate change, water sustainability is no longer a luxury but a necessity,” said Hayati Yarkadas, Senior Vice President and President, Europe, Water Infrastructure and Global Services at Xylem. “Our partnership sets a global example for tackling water challenges head-on. Together with Publiacqua, we aim to pave the way for a water-smart Italy.”

Previously, Publiacqua has advanced its water and sewage infrastructure through significant investments, notably integrating Xylem solutions to enhance treatment processes and for efficient, non-clog wastewater transport. These solutions have been pivotal in maintaining robust and smart water management across their extensive network of plants and pipelines.

About Publiacqua

Publiacqua S.p.A. is an Italian utility providing Integrated Water Services in the area known as Ambito Territoriale Ottimale n.3 Medio Valdarno (ATO 3), covering the Provinces of Arezzo, Firenze, Pistoia and Prato in the Tuscany Region, serving ca. 1.3 M inhabitants in 46 municipalities under the framework of a concession awarded in 2001. Publiacqua S.p.A. engages in the capture, treatment and distribution of drinking water. Its activities involve both groundwater and surface water. The company manages a complex and articulated plant system, with two of the largest facilities of Anconella and Mantignano drinking water plants in the area. In addition to the distribution of drinking water, the company manages the collection of wastewater and its purification, having in the San Colombano plant a point of excellence.

About Xylem

Xylem (XYL) is a leading global water technology company committed to solving the world’s critical water, wastewater, and water-related challenges through technology, innovation, and expertise. Our more than 22,000 diverse employees delivered combined pro forma revenue of $7.3 billion in 2022. We are creating a more sustainable world by enabling our customers to optimize water and resource management and helping communities in more than 150 countries become water-secure. Join us in the effort at www.xylem.com and Let’s Solve Water.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.