Leading environmental technology company Envirosuite Limited (‘Envirosuite’ or ‘the Company’) is pleased to announce it has received an award for entrepreneurial company of the year from Frost & Sullivan for the 2021 Global Digital Twin Technology for Water, a leading growth strategy consulting & research firm.
Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award category before determining the final award recipient. The process involves a detailed evaluation of the best practices criteria across two dimensions for each nominated company.
Envirosuite has been recognised for entrepreneurial innovation criteria in the digital twins for water space including market disruption, competitive differentiation, market gaps, leadership focus, and passionate persistence. Envirosuite also scored highly for customer impact criteria particularly in price/performance value, customer purchase experience, customer ownership experience, customer service experience, and brand equity.
Rectification of problems within water utility networks could prove detrimental and costly as effects cascade through the network. In the water utility market, digital twins provide a complete visualisation of water intake, treatment, and distribution processes, allowing utility operators to make more informed decisions.
Envirosuite also scored highly for customer impact criteria particularly in price/performance value, customer purchase experience, customer ownership experience, customer service experience, and brand equity. Envirosuite’s EVS Water comprises three products: EVS Water Plant Optimiser, EVS Water Plant Designer and SeweX. The products are designed to make complex science useful for real-time decision making, through a combination of machine learning and leading water modelling approaches, that are easy to implement and provide accurate forecasts to assist organisations to make better decisions, reduce operational risk and save time and money.
Envirosuite CEO, Jason Cooper, says: “We are thrilled that Frost & Sullivan has identified Envirosuite, an Australian environmental tech company, as a global leader in the water space with EVS Water, and that our pioneering technology helps to drive positive environmental change for people and the planet. It’s a great honour to see our newest SaaS suite, EVS Water, has been recognised for its digital twin innovation to help improve water quality, increase safety, and reduce emissions such as methane – having a direct response to climate change. Across all our platforms, we provide science-based, environmental intelligence, built to help businesses unlock data, knowledge and insight. Thank you once again from myself and all of us at Envirosuite.”
Best Practices Research Analyst, Makysm Beznosiuk said: “Envirosuite offers innovative digital twin solutions that help clients work on engineering design with high speed, precision, and productivity unmatched by the competition.”
Water is a scarce and valuable resource. Community expectations around water treatment and environmental management continue to increase. Water treatment plants and infrastructure are often decades old and operate inefficiently, while water quality incidents are difficult to predict, costly and damaging to reputation.
Envirosuite’s EVS Water software is a digital twin that combines water modelling and machine learning. It's a powerful solution for engineers, plant operators and asset managers to improve both operational and environmental performance.
EVS Water uses a combination of machine learning and best-practice water modelling approaches consistent with Envirosuite’s philosophy of embedding the world’s leading science in technology that is useful for decision makers.