Check out this article to see the International Data Corporation’s (IDC) predicted spending on IoT by 2023, and latest IoT trends.
There has been a high demand from customers to create sustainability programs within the hospitality, along with the push in society for environmental movements. Though sustainability is considered more than it once was, profitability seems to be the top priority for investment decisions. Check out this article to learn more!
Did you know that a toilet with a malfunction can result in $556 a year in water waste? That number could drastically increase if you have repair costs to pay because of damage caused by a leak. Consider that if you are a building owner that has more than one running toilet! With the cost of water rising, those numbers could significantly increase depending on what city you are in. FirstDrops™ could detect those running toilets before they cost you!
WaterSense is a great resource to learn how to tell if your household or business is losing money by paying for water that is going down the drain. Minor water leaks result in 1 trillion gallons of water waste a year! FirstDrops™ could be the solution that monitors your water consumption and detects leaks before they cost you money.
The price of residential water continues to increase, about 3.3% for a family of four, but a slower increase than we have seen in years. There is a more drastic rise in California’s water rates at about 7% due to environmental causes like the five year drought and attempting to reverse water pollution. There has been a decrease in the consumption of water which has slowed the rise in water rates, but as a result utility companies are adding a fixed rate on water bills.