Can we write an Ofwat Water Breakthrough Challenge bid in a week for our Asset Health Demonstrator?
This YWWIW challenge will take place over four days at Newcastle Racecourse. The Ofwat Water Breakthrough Challenge focuses on innovation in the water industry, particularly in areas like asset health and management.
Companies interested in submitting a bid for an asset health demonstrator could include: Water Utility Companies: This includes water and wastewater service providers looking to enhance asset management practices to improve operational efficiency and customer service.
Technology Providers: Companies offering innovative technologies related to asset monitoring, predictive maintenance, data analytics, and IoT solutions applicable to water infrastructure.
Consulting Firms: Organisations specializing in water sector consulting that can provide expertise in asset management strategies, risk assessment, and technology integration.
Research Institutions: Universities, research labs, and academic institutions with expertise in water engineering, sensor technologies, and data analytics relevant to asset health.
Engineering and Construction Companies: Firms capable of implementing innovative solutions for water infrastructure, including asset monitoring systems and predictive maintenance approaches. Many of our assets are deteriorating faster than rates of renewal. To reduce negative customer and environmental impacts, we need to target investment at the right assets and at the right time.
The UK water sector uses traditional tools to monitor, forecast and communicate asset health. More cost-effective advanced methods are used in other sectors or in development. There is an opportunity for the water sector to become more effective by embracing and adapting these.
This innovation will demonstrate technologies to quantify asset health and forecast with precision enabling decisions to be made to respect the principles of intergenerational equity.
Registration for this sprint, has now closed.