Banyan Water Celebrates World Water Day with 2.6 Billion Gallons of Water Savings

Water-first IoT company delivers 500 percent return on initial
investment for enterprises

AUSTIN, Texas–(BUSINESS WIRE)–Banyan
Water, the leading provider of data-driven water conservation for
the built environment, today announced it has saved more than 2.6
billion gallons of water for enterprises in the U.S.

Banyan Water implements advanced data analytics software across entire
property portfolios and smart cities to address water issues in their
entirety.

“From individual utilities to full-scale smart city initiatives, water
management has become more crucial than ever as existing infrastructure
ages, water costs rise, urban centers expand, weather patterns change
and drought conditions worsen,” said Gillan Taddune, CEO of Banyan. “For
Banyan, every day is World Water Day as we help companies navigate the
current and future problem of water scarcity to save money and water
while creating new efficiencies across entire systems.”

In 2017 alone, Banyan detected more than 400 leaks, preventing the waste
of an additional 69 million gallons of water. The company now manages
more than 1,000 acres and has increased asset value for its clients by
$5.9 million.

“Helping our properties use water in more efficient ways is one of our
top priorities as many parts of the world and the U.S. are experiencing
severe drought,” said Daniele Horton, founder and president of Verdani
Partners, a leading full-service sustainability consulting firm. “We
have been impressed with the water savings Banyan provides to our
supported portfolios and we are looking forward to leveraging Banyan’s
tools to help other clients meet their water efficiency and reduction
targets. Reducing overall water consumption for large commercial
facilities can be a challenging task. Utilizing smart technology and
data visualization tools is an essential part of ‘greening’ our built
environment.”

To learn more about Banyan Water, visit www.banyanwater.com.

About Banyan Water

Founded in 2011, Banyan Water is the leading provider of data-driven
water conservation for enterprises. 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 2.3 billion gallons of water,
enough to meet the water needs of more than 16,000 households for a
year. For more information, visit www.banyanwater.com.

Contacts

Red Fan Communications
Emma Chase, 512-551-9253
Cell:
512-917-4319
[email protected]