Water is vital for companies, from sinks and toilets to landscaping and cooling systems. But with rising water rates and increasingly common droughts, conserving water is not just good for the environment – it’s also good for your bottom line. So, have you ever stopped and thought about how many gallons of water are saved in your company?
That’s where Banyan Water comes in — an award-winning company that was recently recognized for its sustainability efforts. They help businesses achieve their water conservation goals with innovative software. Since they started, their data-driven water management approach has helped businesses save a staggering 5.4 billion gallons of water. Proof that big savings are possible without sacrificing functionality.
Banyan’s Impact: Gallons of Water Saved and Your Assets Protected
In 2023 alone, Banyan’s software helped businesses conserve a remarkable 619 million gallons of water. That’s enough to fill over 940 Olympic-sized swimming pools! But the benefits go beyond just water savings. By identifying and addressing leaks early on, Banyan’s solutions also helped create an estimated $40 million in asset value for their customers in 2023. This value comes from preventing costly property damage caused by undetected leaks.
Here’s what makes Banyan unique — Total Water Management. Unlike other solutions that focus on specific areas, Banyan offers a comprehensive water conservation software suite that tackles water use across your entire business. They’re the only company that provides such a holistic approach.
“We’ve reached a critical tipping point for water conservation as increasing water rates and drought grip the nation. Water is a finite resource. We can’t wait until we run out to create meaningful change in water management. Banyan Water is proud to deploy intelligent water software solutions that have saved 5.4 billion gallons of water for our customers.”
The Tipping Point for Water Conservation
As water rates increase and drought conditions continue across the country, we cannot overstate the importance of effective water management. “Water is a finite resource,” emphasizes Gillan Taddune, CEO of Banyan, “we can’t wait until we run out to create meaningful change in water management.” The increasing scarcity and cost of water make it imperative to adopt smart water management solutions. Banyan Water is at the forefront of this movement, providing tools and technologies to reduce consumption and mitigate risks associated with water loss.
Innovative IoT and SaaS Technologies
• Leveraging advanced technologies
Banyan Water utilizes cutting-edge IoT-enabled and SaaS-based water technologies for comprehensive water management. The Banyan Water Central platform is a total water management solution that analyzes real-time data to monitor usage and detect anomalies. These technologies enable businesses to optimize their water use, ensuring efficient and sustainable practices.
• Real-time monitoring and data analysis
With IoT-enabled water technologies, Banyan Water Central continuously collects data center water conservancy. This real-time monitoring allows immediate detection of irregularities, such as leaks or excessive consumption. By analyzing this data, Banyan Water can identify and address issues promptly, preventing water waste and reducing costs. As a result, the system significantly contributes to the gallons of water saved, showcasing its efficiency and environmental impact.
• Auto leak shutoff and early leak detection
One of the standout features of Banyan’s water management software is its early leak detection and auto leak shutoff capabilities. In 2023 alone, Banyan’s patented early leak detection software identified 242 irrigation leaks, resulting in 138 million gallons of water saved and ultimately avoiding costly property damage. This proactive approach conserves water and protects valuable assets and infrastructure.
Quantifiable Results with Banyan Water
Banyan Water has implemented several strategies resulting in billions of gallons of water saved across various industries and institutions. Here are some of the key methods highlighted in their case studies:
1. Smart water data integration and IoT for drought management
At The Thacher School in California, Banyan Water’s integration of smart water technology led to significant water conservation. It became part of the school’s marketing strategy to attract students and families concerned about sustainability.
In the drought-susceptible Ojai Valley, Banyan Water’s IoT solutions helped The Thacher School monitor and control indoor and outdoor water usage, resulting in overall water savings of 40%.
2. Real-time leak detection
HIT REIT leveraged Banyan Water’s solutions to reduce water expenses by 72% across ten sites. Real-time leak detection and optimized irrigation were crucial in achieving these savings, demonstrating the potential of Banyan’s technology in large-scale applications.
3. Optimized water usage
The Lincoln Centre in Dallas, owned by TIAA-CREF and managed by Cushman & Wakefield, experienced an $8 million boost in net asset value after efficiently managing water usage with Banyan Water. This case study illustrates the financial benefits of effective water management.
4. Smart water management solutions
LivCor, LLC, a real estate asset management firm, partnered with Banyan Water to implement smart water management solutions. These solutions increased net operating income and contributed substantial water savings across their portfolio.
5. Efficiency in water use
Tech leader Hewlett-Packard (HP) utilized Banyan Water’s smart water software to reduce water use by 42% on their Palo Alto campus. HP effectively minimized water waste and improved operational efficiency by managing three unique water sources.
6. Irrigation savings
IMT Residential’s RIATA, the largest multifamily community in central Texas, experienced significant irrigation savings in 2017 alone, Banyan’s irrigation leak detection saved over 52 million gallons of water.
Image Attribution: https://en.m.wikipedia.org/wiki/File:HP_Headquarters_Palo_Alto.jpg
These methods and technologies have collectively contributed to Banyan Water’s success in saving billions of gallons of water, showcasing the potential of data-driven and technology-based water management solutions in addressing water scarcity and sustainability challenges.
The Future of Water Management
Banyan Water remains committed to advancing water conservation efforts to save even more water and enhance enterprise asset value worldwide. The future of water management lies in smart, data-driven solutions that can adapt to changing conditions and provide real-time insights.
Expanding Technological Capabilities
Banyan continues to innovate, integrating new technologies and improving existing ones. The focus is on enhancing the capabilities of its water management software to address a broader range of issues and provide even more precise data analysis. Future developments may include advanced predictive analytics and enhanced integration with other smart building systems.
Increasing Adoption and Awareness
The key to boosting adoption is to inform businesses and communities about the advantages of smart water management solutions. Banyan Water dedicates itself to raising awareness about the importance of water conservation and the effectiveness of its technologies. By showcasing success stories and providing valuable insights, Banyan aims to inspire more enterprises to take proactive steps toward sustainable water use.
Be Part of the Solution
With its innovative water management software and commitment to data-driven solutions, Banyan Water is helping businesses achieve their water conservation goals. Taking a proactive approach to water conservation with Banyan Water as your partner can positively impact your business and the environment. Not only can you achieve significant water savings, but you can also join the ranks of sustainable businesses recognized by organizations like the SEAL Business Sustainability Awards.
Are you prepared to move toward a more sustainable future?
Check out Banyan Water’s website to explore a library of resources that offer valuable insights into water conservation strategies, including case studies, white papers, and webinars.
By partnering with Banyan Water, you can become a water conservation champion and contribute to a more sustainable future for generations. Visit Banyan Water’s website or contact them today to learn how they can help your business achieve its water conservation goals.
Remember: Every drop counts. With Banyan Water’s innovative solutions, you can make a big difference in your water footprint and the health of our planet.
More About Banyan Water
Established in 2011, Banyan Water uses data and analytics to offer water conservation solutions to commercial real estate clients. The company’s advanced cloud-based software has helped save over 5.4 billion gallons of water and increased customer asset value. Banyan’s water savings are genuine and validated through utility data.
A team with expertise in sustainability, green technology, irrigation, data analytics, and exceptional customer service leads Banyan Water.
To gain more information or to discuss how they can protect your property, visit the website at www.banyanwater.com, email [email protected], or call 800-276-1507. Book a demo today to explore the options available to you!
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