Through advanced algorithms and water network optimization techniques, Grundfos helps local utilities across emerging markets save operational costs by optimizing water supply
LONDON, Dec. 19, 2019 /PRNewswire/ -- Based on its recent analysis of global emerging markets for solar-powered water pumps for economic development, Frost & Sullivan recognizes Grundfos with the 2019 Global Emerging Market Innovation Award. With superior test and design tools, equipment, and installation facilities and an expansive network of partners, distributors, and sub-dealers, Grundfos has established itself as the market leader in solar-powered water pumps. Its products are widely accepted in more than 150 countries, most of which are emerging economies. Their easy installation, quick repair and maintenance, and remote monitoring services have made them the ideal water supply solutions in emerging economies.
"Grundfos ensures affordable products and services by minimizing the total lifecycle and deployment costs and offering its unified solutions under the Lifelink Water Solutions line, developed specifically for emerging markets," said Anamika Risal, Research Analyst. "For instance, AQtap, a Lifelink product, combines smart payment cards called WaterCards, a water ATM (dispenser) unit, and a water management system to supply water securely. The cloud-based water management system receives and publishes all transactional and operational data from each water dispenser so local committee members can manage the revenue for community welfare."
In rural areas, especially in off-grid areas, the AQtap system draws groundwater through the SQFlex submersible and CRFlex surface water pumps, which are fitted with permanent magnet motors for high-energy efficiency operations. Each motor contains built-in electronics that use renewable energy, thereby replacing conventional fossil fuels, and in turn, reducing CO2 emissions. These pumps are used for larger irrigation and livestock applications in countries like Nepal and India, where electricity and diesel supply is limited.
In emerging markets, Grundfos works with local partners such as NGOs, INGOs, and other governmental bodies to install suitable solar-powered water pumps. After the initial installation process, it recruits and trains technicians in the operation and maintenance of the pumps, thereby creating local expertise. Significantly, the Lifelink Water Solutions product line is designed to last 15 years with minimal maintenance and running costs.
"In 2019, Grundfos rolled out a performance-based contract model in Cambodia's rural areas, wherein it worked with local water utilities to educate people on optimal water usage. Following the success of this model, it is planning to replicate it in many other emerging markets," noted Risal. "Overall, by means of advanced algorithms and water network optimization techniques, Grundfos is helping utilities save operational costs, conserve water, and increase revenues for local water committees."
Each year, Frost & Sullivan presents the Emerging Market Innovation award to companies that have demonstrated exemplary performance in delivering innovative customized solutions to solve emerging market challenges and drive economic development.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
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About Grundfos
Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. The company contributes to global sustainability by pioneering technologies that improve quality of life for people and care for the planet. As such its core activity aligns closely with the sustainability aspects of how we use water and manage water quality. Grundfos has over 18,000 employees working out of 56 countries all around the world. For more information, visit www.grundfos.com, follow @grundfos on Twitter, or visit our Facebook-page at www.facebook.com/Grundfos/
