HydroPoint, the market and technology leader in smart water management, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022, in the category of Corporate Social Responsibility.
This year’s list honors businesses that are making the biggest impact on their industries and culture as a whole—ultimately thriving in today’s ever-changing world. These companies are creating the future today with some of the most inspiring accomplishments of the 21st century.
HydroPoint provides smart water management solutions for the last mile of the water network: water end-users. Water takes significant energy to purify, transport and treat, so wasting it leads to significant economical and environmental costs. HydroPoint is one of only a handful of companies that provide a 360-degree approach to onsite smart water management. Its extensible IoT 360° smart water management platform provides both indoor and outdoor onsite water management; from smart irrigation to water use analytics and leak detection monitoring.
HydroPoint helps entire business sectors maximize water savings, reduce operating costs, minimize business risks and achieve sustainability goals. In 2021, HydroPoint managed 86.5 billion gallons of water, reducing water costs by $119 million. As a result, the company saw record revenues, with year-over-year revenue growth of over 37%.
To further bolster its existing suite of smart water management solutions, HydroPoint recently introduced WaterCompass Enterprise, a leak detection and water use analytics service that provides customers with real-time visibility to their onsite water usage. WaterCompass helps business properties and property owners sense water irregularities before leaks create significant problems, earning it the distinction of 2021 Product of the Year by Environment & Energy Leader.
Courtesy of HydroPoint.