Microsoft partner, Reekoh, has struck a multi-year deal with water savings company, WaterGroup, licencing its internet of things (IoT) platform in a bid to help Aussie residents save over $1 million in rates.
Based in Sydney, Reekoh integrates device data with enterprise software-as-a-service (SaaS) and systems, partnering with key vendors such as Microsoft, Cisco and Salesforce.
The start-up’s new licensing partnership with WaterGroup, which describes itself as one of Australia's largest corporate water savings companies, is aimed at building on WaterGroup’s previous water and cost savings successes.
The company estimates that it has helped Australian customers realise water savings of almost 400 million litres, and cost savings of over $1 million.
Now, it is hoped that the new partnership with the IoT firm, which sees Reekoh’s IoT open integration platform used within WaterGroup’s range of smart metering and water savings services, will help deliver the next $1 million of savings.
“With Reekoh’s new platform bringing true interoperability and flexibility to a core part of WaterGroup’s solutions, which include IoT hardware, networks and customer applications, we are confident in predicting Reekoh will play key part in achieving the next $1 million in water savings for our existing and future clients,“ WaterGroup managing director, Guenter Hauber-Davidson, said.
WaterGroup and Reekoh are already working together on projects for Waverley Council and Coffs Harbour Council, both in NSW.
According to Reekoh, the two projects are geared towards improving the way the councils collect data on water usage, with data being used to reduce the likelihood of water leaks and other such damage to their water networks.
“With Reekoh’s interoperability capabilities, it’s easier for our clients to integrate data with their own existing sustainability reporting, workflow and facility management systems – and to realise savings in both water and money,” Guenter said.
The licensing deal comes almost a year after Reekoh struck an agreement with Kyocera Communications Systems in a move designed to drive greater adoption of the company’s IoT integration platform across Asia.
In a bid to reach a global audience, Kyocera has signed a memorandum of understanding (MoU) to offer Reekoh’s technology to customers in Singapore and the South East Asia region through system integration and customer teams.
Meanwhile, in June, Reekoh signed a deal with global data centre operator, Equinix, to offer its integration platform to enterprises through the provider’s facilities.