Data-driven water conservation software provider Banyan Water achieves milestone as record-breaking droughts threaten regional water supplies
June 29, 2021 09:00 AM Eastern Daylight Time
AUSTIN, Texas–(BUSINESS WIRE)–Banyan Water, the leading provider of data-driven water conservation software for the built environment, announced today it has saved 4 billion gallons of water for enterprises since its inception, with 530 million gallons conserved and $36 million in asset value created in 2020.
Banyan released its water savings achievement as the southwestern U.S. faces a historic drought, with more states today experiencing exceptional drought conditions than in the past two decades, according to the U.S. Drought Monitor. Amid severe dryness, plunging water reserves and lower-than-average precipitation, Banyan is the only total water management solution spearheading effective, enterprise-level water conservation by decreasing consumption and mitigating risks that lead to unnecessary water loss.
“We’ve reached a critical tipping point for water conservation as worsening droughts grip the nation and cities confront strained resources, aging water infrastructures, rising water rates and population growth,” said Gillan Taddune, CEO of Banyan. “Water is a finite resource. We can’t wait until we run out to create meaningful change in water management. If enterprise leaders don’t take responsible action now, they risk dangerous consequences that could last for generations. Banyan Water is proud to deploy intelligent water software solutions that have saved 4 billion gallons of water for our customers.”
Using IoT-enabled, SaaS-based water technologies—such as Banyan Water Central, a total water management platform—Banyan analyzes real-time data to monitor water usage and pinpoint hidden anomalies. It detected 505 irrigation leaks in 2020 alone, saving $1.75 million.
To learn more about Banyan and how to take control of your property’s water usage, visit www.banyanwater.com.
About Banyan Water
Founded in 2011, Banyan Water is the leading provider of data-driven water conservation software for the built environment. Using smart devices and real-time monitoring and analytics, Banyan protects Earth’s most precious resource while generating untapped revenue for clients. Since the company’s inception, Banyan has saved more than 4 billion gallons of water—equivalent to the resources required to make over 150 million pints of beer—secured the esteemed EPA WaterSense label on select products, and, in 2020, increased customer asset value by $36 million. For more information, visit www.banyanwater.com.