Optimatics provides infrastructure planning software that allows global water and wastewater utilities to reduce costs with optimal performance.
Suez Ventures, the Suez Group venture capital fund, is supporting Optimatics growth via a capital increase alongside with the existing shareholders, including the cleantech fund manager Emerald Technology Ventures.
The move will allow Suez to improve its inventory of innovative digital solutions including the Aquadvanced software to track the performance of water networks.
Suez Group innovation, marketing and industrial performance director Loïc Voisin said: “We now have a unique offer to support our clients in optimising their hydraulic infrastructures, from designing a network to operating it throughout its lifetime.
“This partnership will speed up the deployment of these solutions on all our markets where resilient and efficient networks are a key element of development.”
Originally established in Australia and currently headquartered in the US, Optimatics had created Optimizer digital technology, which is an analyzing tool enabling planning options across various asset types to determine the optimum plan to cut down on capital, operating and energy costs.
The Optimizer technology is claimed to work out the most efficient scenario to streamline the design of water and sewer networks.
Suez, which is looking to integrate the technology, says that it will expand its digital offering for efficient and resilient infrastructures to meet its client’s requirements.
Optimatics president and CEO Corey Williams said: “Combining Optimatics’ Optimizer software with the highly skilled engineers of Suez Consulting will enable utilities globally to avoid substantial, and often unnecessary, capital and operational expenditures.
“Integrating Optimizer in Suez’s digital offer will accelerate our growth in the coming years.”
Since its commercialization in 2014, the Optimizer solution has seen 50 implementations that supply over 75 million people in Australia, US. It is claimed to give over 20% savings for utilities on their water and wastewater infrastructure investments.
