ETFOptimize | High-performance ETF-based Investment Strategies

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


ETFOptimize | HOME
Close Window

Fort Worth Reduces Field Investigations by 90% with Xylem’s Advanced Metering Infrastructure

Utility Drives Operational Efficiency and Improves Customer Experience for Growing Population

Fort Worth Water’s implementation of Advanced Metering Infrastructure (AMI) led to a 90% reduction in field investigations and more than $1 million in cost savings with Xylem technology. The utility enabled near real-time data collection and secure transmission by installing nearly 300,000 residential and commercial meters compatible with Xylem’s Sensus FlexNet® communication network.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015379745/en/

Xylem's data-driven approach helps Fort Worth Water properly categorize water loss and pinpoint where repairs are needed. (Photo: Business Wire)

Xylem's data-driven approach helps Fort Worth Water properly categorize water loss and pinpoint where repairs are needed. (Photo: Business Wire)

Fort Worth is one of the fastest-growing cities in the nation with more than 21,000 new residents in 2023, according to the Fort Worth Report. As the population nears 1 million, Fort Worth Water’s AMI is vital in successfully managing the increased demand.

“This new technology is delivering substantial annual cost savings, improving the customer experience and reducing water loss,” said Marty Barker, AMI administrator at the City of Fort Worth. “We now feel confident we are providing the best service possible to our customers while operating more efficiently.”

Transitioning from manual meter reading to remote management, streamlined operations and empowered customers to monitor their water usage. As a result, annual field investigations of customer inquiries into high water usage and bills dropped dramatically, from more than 7,000 before AMI in 2019 to less than 700 in 2024.

With more accurate reporting, Fort Worth now has a clearer picture of true water loss, leading to better decision-making. The city can pinpoint where repairs are needed and properly categorize areas of loss into apparent and real water losses. This technology has also made it possible to create district metering areas and explore innovations like digital twins, which weren’t possible before.

Fort Worth’s population increased by 200,000 over the past decade, making the Texas boomtown the 12th-largest U.S. city. The technology upgrades have benefited Fort Worth Water. Upon transitioning to AMI, the utility immediately recognized the increase in data and leveraged this information to track continuous water usage over 72 hours, alerting customers directly. Before implementing this data-driven solution, it would typically take two or three months for customers to become aware of a problem.

To learn more about how Xylem technology has helped Fort Worth Water address their growing population, read the case study.

About Xylem

Xylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 23,000 diverse employees delivered combined pro forma revenue of $8.1 billion in 2023, optimizing water and resource management with innovation and expertise. Join us at xylem.com and Let’s Solve Water.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

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.