noscript

News and Announcements

Thinxtra Signs 5-Year Agreement with WaterGroup

  • Published July 14, 2017 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Australian smart water meter company, WaterGroup has signed on a five-year partnership with IoT provider Thinxtra in a deal to detect water leaks along with avoiding the loss of litres of water.

KEY TAKEAWAYS: 

  • Thinxtra says the Sigfox network will cover 95% of the Australian population by the end of the year and currently covers 71%.

“Large users of water will benefit greatly from this network coverage as it provides a platform for our smart meter systems. They deliver not only automated meter readings but also valuable additional information on water use that helps our clients save water and money. In particular, undetected leaks wasting millions of litres of water which cost thousands of dollars will become a thing of the past,” says Guenter Hauber-Davidson, managing director of WaterGroup.

Thinxtra chief executive Loic Barancourt said WaterGroup had been chosen as a partner “because it is one of the leading providers of systems and solutions to the smart water meter market in Australia with an excellent reputation of delivering tangible business outcomes to its enterprise and utility customers”.
“By joining forces with WaterGroup we will be combining their smarts in water meters with the benefits of Sigfox, the leading wireless technology for low cost and low power IoT applications.

“Thinxtra is becoming the low power wide area network of choice in Australasia for the Internet of Things. Thinxtra makes it simple and economical for objects to connect, thanks to the nationwide Sigfox networks we have already deployed and are operating.”

Request Offer

Capital Insights
The Index Approach in Early-Stage Venture Capital: Reconsidered

The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]

Capital Insights
The Future Is Now: The Evolution of Dealflow with Wholesale Investor

If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]

Join over 45,000+ sophisticated investors

Join Now