8 CEO MONTHLY / GLOBAL CEO EXCELLENCE AWARDS 2019 , Jun19122 Under the leadership of award-winning CEO Mario Larach, HydroSmart Technologies Inc. has assembled a core team with deep industry leading executive experience in professional water products, smart home IoT devices and smart cities architectures, neural networks as well as both conservation and clean-tech initiatives. To celebrate his win in this year’s Global CEO Awards we invited him to tell us more about how he is working to lead his company towards revolutionising the Smart City IoT Water solutions market. Most Pioneering Smart City IoT Water Tech CEO Thanks to its extensive experience and technological prowess, HydroSmart drives intelligent water use and active water management with technology solutions that deliver a trifecta of security, conservation and knowledge. As Mario explains, the firm and its technology platform came about to address existing market needs of a broad group of water-related stakeholders including residential and commercial property owners, water agencies, energy utilities, service providers, product vendors, insurance companies, and smart home monitoring services “For so long water users have been consuming in water-datadarkness and defenceless against significant financial water losses and water damage. With regards to the latter, there are household devices that detect water spills or will classify either extended or large flows as a leak event; but by then the loss and damage has already been incurred. “So after more than twenty years pioneering intelligent water solutions, a worldclass team was assembled of seasoned experts across key domains, all with whom I had collaborated with in the past and knew would successfully apply their domain expertise to an embraced company vision. Today, HydroSmart’s inhouse expertise converges neural networks and deep machine learning, wired and wireless technology connectivity, Smart Homes and Smart Cities network architectures, big data analytics, and smart water solutions.” “With more than 59 issued patents authored by our data scientists, more than 28 years designing and applying neural network learning algorithms, and more than 3 million smart devices sold annually integrating technology co-fathered by our scientists, our team set out to drive real change and develop a scalable proactive platform. A platform built to last well into the next decades with a product roadmap of innovative solutions that are not standalone devices but are system components of a scalable and cohesive network architecture that becomes even more powerful as new solutions are integrated. With several patents filed and in queue, the platform has been designed as a professional industrial grade system with a full suite of self-diagnostic and predictive maintenance features to ensure robust system operation and reliability in the most ‘missioncritical’ applications.” The firm’s SCIENXIATM (scienxia. HydroSmartTech.com) AI algorithms running on edge devices and scalable cloud engines process real-time local and aggregated data streams for near real-time responsiveness, analytics, dashboards, notifications, and security authentications generating actionable Water Intelligence for Smart CitiesTM stakeholders. Additionally, the firm’s base Smart Monitoring Unit (SMU) and VIGENXIATM platform components offer leak damage prevention and water loss risk mitigation as well as water and energy conservation through preservation of plumbing integrity, water use disaggregation, remote winterization, active pressure regulation, remote system flushing, and an exclusive treasure trove of novel water intelligence including unforeseen insights, trends, and benchmarking information previously unavailable anywhere. “With our VIGENXIA suite of solution components, stakeholders are able to visualize water and its use across many dimensions, much like giving water its own individual personality and character” states Mario. Residential and Commercial property owners often can avert tens if not hundreds of thousands of dollars in damage within the first months of installing the firm’s proprietary proactive leak prevention technology. Not only does the firm’s platform solution components address the more than $20 billion in US annual losses sustained from water damage, but this innovative technology enables cities to both re-engineer more effective climate action plan water initiatives and realistically achieve previously elusive theoretical water energy savings. As described in a company case study, the results of a field demonstration with a small coastal city in California (2014 population: 13,337) showed potential annual water savings of 132.4 million gallons and potential annual greenhouse gas
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