Siemens Acquires BuntPlanet to Strengthen its Artificial Intelligence Portfolio in the Water Sector
December 14, 2023
- Siemens expands its portfolio for water industry customers with a focus on non-revenue water reduction
- BuntPlanet offers cloud-hosted AI solutions for water utilities
- Offering to be integrated into the Siemens Xcelerator business platform
Siemens has announced the acquisition of BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s award winning software has been deployed around the world to support customers with smart metering solutions, water quality, asset management, and integration of hydraulic models and artificial intelligence for detecting leaks and other anomalies in water networks. Siemens has had a licensing agreement with BuntPlanet since 2019 to sell their leakage detection software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire offering and team will be integrated with Siemens’ application portfolio for water utilities making it even more comprehensive for water customers.
“We are excited to welcome the BuntPlanet team to Siemens and strengthen our software portfolio for the water industry,” says Axel Lorenz, CEO of Process Automation at Siemens. “The digitalization of the water industry is key to tackling current and future challenges of the global water supply. This acquisition will enable us to provide our customers with a more integrated and comprehensive solution for managing their water networks.”
Axel Lorenz, CEO of Process Automation at Siemens
Aihnoa Lete, CEO at BuntPlanet, says: “By joining Siemens, we are becoming part of a team that is leading the digital revolution globally. We are excited about the growth that this closer relationship will bring.”
Aihnoa Lete, CEO at BuntPlanet
BuntPlanet’s core offering, BuntBrain, is a software platform with solutions for leak detection, water quality improvement, end-use water analysis, water loss reduction, asset management, digital twin and water meter management. The application includes the latest advances in Artificial Intelligence, big data, and hydraulic simulation to pre-locate leaks and other anomalies, minimizing risk of damage to infrastructure and reducing operational and maintenance costs. With proven integration with Siemens Measurement Intelligence hardware portfolio the combination of sector leading instrumentation and software has demonstrated detection of leaks as small as 0.25 liter per second. For instance, Siemens customer VA Syd, a Swedish water company, developed a smart leakage detection system based on the AI-powered SIWA LeakPlus application provided by Siemens.
Since December 1st, 2023, BuntPlanet is a 100 percent subsidiary of Siemens Spain. The company is assigned organizationally to Siemens Digital Industries and part of the Process Automation Business Unit. Once the integration has fully concluded, Siemens will make BuntPlanet’s offering also available on its open business platform, Siemens Xcelerator.
More Information
Further details on Siemens offering for the water industry can be found here: https://www.siemens.com/global/en/industries/water.html
For further information on BuntPlanet visit:
https://buntplanet.com
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