AVK Group launches new company AVK Smart Water
25 March 2020
A more digitised business has been a desired goal of AVK for years. According to the new company’s Managing Director, Lars Bo Kristensen, this is exactly what AVK Smart Water aspires to achieve; “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 optimise 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”.
Since September 2019, Lars Bo Kristensen has been employed as the Business Development Director of AVK Holding with the responsibility of taking Smart Water to the next level. What started as a separate business unit has now taken shape as an established company.
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 counts 20 employees, and according to the director, time will tell what the future holds for the team.
Lars Bo Kristensen expects the first solutions from AVK Smart Water to be ready soon; “We have been at it for a while with quite a few preliminary projects and expect the first solutions to be ready by summer. Currently, we are working with pilot projects.”
Moving forward, customers will be able to buy smart valves and hydrants through their usual AVK product suppliers.