AVK Group Launches New Smart Water Company
Intelligent solutions will be embedded in our products, The new Group company aims for a smart, data-driven future for the water industry. 17-06-2020
A more digitized business will be coming up in AVK Group. The AVK Group sees great business potential in implementing digital solutions. “By developing new digital, intelligent solutions as add-ons to our core products, such as valves and hydrants, we enable monitoring of the entire distribution network. While obtaining a better overview of the grid’s condition, the knowledge we gain enables us to optimize and maintain the network and reduce water loss. Also, it will give insights into parameters such as the pressure of the distribution system and the position of valves”. Said Lars Bo Kristensen, a new company’s managing director.
Since September 2019, Lars Bo Kristensen has been employed as Business Development Director of AVK Holding with the responsibility of taking Smart Water to the next level.
Combining skills within IT development, data, and electronics
The team will mainly consist of developers within IoT solutions (Internet of Things), which requires skills such as IT development, data, and electronics. The team now consisting of 20 employees.
The first solutions ready by summer 2020
Lars said that the first solutions from AVK Smart Water to be ready soon. Customers will be able to buy smart valves and hydrants through their usual AVK product suppliers in the future.
According to a statement from Lars Kudsk, AVK Group CFO, when he reported the latest record-breaking results of the Group; ”There is a significant potential for growth if we expand our product portfolio to include intelligent solutions, and this area is receiving a lot of attention right now, also in terms of investments. The demand for intelligent water solutions, both in Denmark and especially globally, is great at the moment”, he stated this December to CleantechWatch.
Since September 2019, Lars Bo Kristensen has been employed as Business Development Director of AVK Holding with the responsibility of taking Smart Water to the next level.
Combining skills within IT development, data, and electronics
The team will mainly consist of developers within IoT solutions (Internet of Things), which requires skills such as IT development, data, and electronics. The team now consisting of 20 employees.
The first solutions ready by summer 2020
Lars said that the first solutions from AVK Smart Water to be ready soon. Customers will be able to buy smart valves and hydrants through their usual AVK product suppliers in the future.
According to a statement from Lars Kudsk, AVK Group CFO, when he reported the latest record-breaking results of the Group; ”There is a significant potential for growth if we expand our product portfolio to include intelligent solutions, and this area is receiving a lot of attention right now, also in terms of investments. The demand for intelligent water solutions, both in Denmark and especially globally, is great at the moment”, he stated this December to CleantechWatch.
