Utopi, the multi award-winning data solutions and ESG technology specialist, and Watergate, a leader in Smart Water Management, have announced they’ve agreed a distribution agreement.
The new agreement will see Watergate’s award-winning smart water management products join the smart technology solutions in the Utopi offering, and further strengthen Utopi’s data capabilities surrounding utility consumption. Following a successful partnership at Greystar’s Chapter Islington property, the businesses have now joined forces in the multi-tenant real estate sector.
Watergate’s technology helps businesses and homeowners prevent costly leaks, reduce their insurance bills, and demonstrate their commitment to ESG goals. Its system comprises the ‘Sonic Smart Water Valve’ and an associated suite of apps and enterprise software – incorporating AI data analysis. Watergate can detect abnormal water use anywhere in a property, notify the building owner via a companion app and even shut off the water to prevent damage.
Of the distribution agreement, Utopi’s Chief Technology Officer and Co-Founder, Falk Bleyl, said: “At Utopi, we’re always stressing the need for a thorough picture of granular utility consumption at an asset to be able to truly assess the insights and implement change. Including Watergate in our smart technology offering allows us to now include leak detection and water consumption analytics, as well as remote and automatic shut off capabilities. We are committed to always ensuring we make data acquisition, analysis and action simple for our clients, and this agreement showcases our dedication to that.”
Watergate’s, Founder and CEO, Krystian Zajac, said: “In the past, too often water was overlooked in net-zero discussions. But today more and more property owners understand how better water management delivers a triple win of lower bills, fewer CO2e emissions, and a boost to their reputation and ESG scores. Partnering with Utopi will bring those benefits to even more properties and ensure smart water management is recognised as contributing to increased overall asset values.”
