Syrinix Tipped As One Of Top 50 Global Water Industry Innovators
Artemis Project Top 50 Water Tech Listing released today with Syrinix as only UK inclusion
Syrinix is delighted to announce that it has been chosen for the Artemis Project Top 50 Water Tech Listing. This list identifies the fifty most promising companies globally which are developing innovation solutions for the challenges facing the water industry. It is the only UK company to be included in the list.
Syrinix is revolutionising the utility management sector with its TrunkMinder system, which uses monitoring devices and big-data analysis to stop pipeline bursts and other problems before they happen. The Artemis Project is a non-profit organisation dedicated to helping water technology companies emerge into the world market, and chose Syrinix as the only UK company to receive recognition in its Top 50, demonstrating Syrinix’s ability to provide world-class technology and services.
The Top 50 jury conducted an in-depth evaluation of 125 companies, based on their technology offering and business potential. “The Artemis Top 50 serves as a lightning rod for start-ups that will change water management,” says Laura Shenkar, Chair of the Top 50. “This year’s jury brought the Top 50 review to a new level with an intense and vibrant debate.” The jury was composed of experts from corporations such as Intel, IBM, Syngenta, McKinsey, Carollo Engineers and Singapore’s Public Utilities Board.
Syrinix’s inclusion in the list marks it out as a company with the potential to change utility management worldwide, and indeed Syrinix representatives have already travelled to the USA and Asia to form business relationships with international clients. It is also recognition of the progress Syrinix has made over the last year with its TrunkMinder devices, which are now being used for high-profile utility management projects such as the one monitoring London’s Crossrail construction sites for Thames Water.
James Dunning, CEO of Syrinix, commented “As we look to build on the success of TrunkMinder’s deployment across London, to have it recognised on the global stage as an Artemis Top 50 technology is tremendous and welcome recognition for everyone at Syrinix of the work they are putting in.”
Syrinix is a British company that is a leader in developing smart pipeline monitoring technology. Its products are building a growing reputation among water companies, infrastructure managers, major water-consuming businesses and industry regulators for their ability to improve the management of water pipelines.
Syrinix, based at the Hethel engineering centre in Norwich, was spun out from the University of East Anglia (UEA) in 2004. The company’s focus is developing world-leading water infrastructure monitoring technology. Investors in Syrinix include Iceni Seedcorn Fund, Carbon Connections, UEA, the London Business Angels EIS Fund and the Low Carbon Innovation Fund. In 2011 the company won the clean tech investment of the year award from the British Business Angels Association, the government-backed trade association which promotes and supports early stage industries and investment in the UK. The award recognises innovative and successful new businesses in the environmental sector.
By monitoring with Syrinix
- pipe networks can be managed better with asset life extended
- water losses, and the resulting environmental damage, can be substantially reduced
- data critical to compliance and regulatory submissions can be gathered in real time
- cost increases from emergency responses and rising insurance premia can be cut
- preventative, and often unnecessary, pipeline maintenance and repair costs can be reduced.
SOURCE: Syrinix Limited