Three actionable steps to de-risk your investment in water tech solutions

Feb 28, 2024

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Three actionable steps to de-risk your investment in water tech solutions

Adopting new technology could be risky, which often scares utilities away from investing in these tech solutions even if they realize the value of those investments.

I understand: that sticking with the old good ways is more convenient, but what if there is a way to get all the benefits of those tech solutions without all the hassle?

So, here is the deal:

→ you get a tech solution that matches your needs and addresses your daily operational challenges
→ helping you navigate daily tasks easily and improve reporting to the management
→ and this is done without huge risks on your side
Sounds great, right?

Now the question is: how to de-risk this tech investment? here are quick tips to help you:

→ 𝐀𝐠𝐢𝐥𝐞 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: start small, test and evaluate, and then scale it up! Start with the proof of concept or a small pilot to see how the solution fits your context and how your team benefits from the new technology. Based on the results you’ll get more insights to customize the technology and scale it up to your whole water system - but also gradually one step at a time.

→ 𝐄𝐧𝐠𝐚𝐠𝐞 𝐲𝐨𝐮𝐫 𝐭𝐞𝐚𝐦: crucial to get your team on board to ensure they are able to utilize the tech solution

→ 𝐋𝐨𝐨𝐤 𝐟𝐨𝐫 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐨𝐟 𝐟𝐮𝐧𝐝𝐢𝐧𝐠: your organization, like all other organizations, invests in testing new solutions through different vehicles.

↳One of those vehicles is the “innovation budget” which is dedicated to testing and developing new innovations.

Talk to your innovation manager and explore ways to fund the first pilot - this is always ideal for the first few steps.

Now you’re ready to kick-start your smooth tech adoption journey, and here is the bonus tip to help improve your success rate:

🟢→ 𝐏𝐞𝐫𝐟𝐨𝐫𝐦 𝐲𝐨𝐮𝐫 𝐭𝐞𝐜𝐡 𝐝𝐮𝐞 𝐝𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞: 𝐚𝐬𝐤 𝐚 𝐜𝐨𝐥𝐥𝐞𝐚𝐠𝐮𝐞, 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐨𝐧𝐥𝐢𝐧𝐞, 𝐚𝐧𝐝 𝐠𝐞𝐭 𝐚𝐧 𝐚𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐭𝐡𝐞 𝐢𝐝𝐞𝐚𝐥 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲.

You're essentially looking for a tech solution that is scalable, reliable, and flexible to match your future needs.

👉🏻 Check out our Technology Selection Guide to learn more: https://lnkd.in/d9dP5RET

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