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A digital revolution in waterAuto extracted Text……
The UK Water Partnership (UKWP) has launched a 10-point action plan to help ensure that UK plc wins its share of an estimated $30 billion market created by the digital revolution sweeping through the global water economy.
The UKWP’s recommendations are contained in a draft white paper and call to action: Digital Water – understanding the commercial opportunities for UK plc, published for consultation on 3 December 2019.
The plan includes calls for more focused research on the primary areas of commercial opportunity for the UK, increased collaboration across the UK water economy and more proactive marketing of UK digital water expertise.
The white paper explains how digital “will impact every aspect of water, from management of sources, treatment technology and efficiency, consumption and customer engagement, through to re-use, collection and recovery of economically and environmentally important resources.
While the total global water market is thought to be worth $500 billion, figures in Digital Water suggest that the market for digital technology solutions in the water industry is rising by more than seven per cent each year, reaching $30 billion by 2020.
It describes “a host of digital opportunities for UK companies to significantly increase their global reach, through collaboration between the water sector and the digital economy where the UK enjoys global prominence, in areas such as virtual reality and computer gaming.”
Digital Water explores digital opportunity across the wide spectrum of the water landscape, extending beyond the remit of municipal water and wastewater organisations, to include agriculture, industry and the economy as a whole.
According to Digital Water, those opportunities include:
The UK water industry is respected throughout the world and many of the digital innovations that have changed so much of our personal and working lives have originated here
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AutoTextExtraction by Working BoT using SmartNews 1.02976805238 Build 26 Aug 2019
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