The objective of the proposed innovation project is the commercialization of the SmartTap Platform: An early-warning real-time water contamination monitoring system for the protection of water distribution systems against accidental or malicious chemical contamination events, provided as a service to utilities. Currently, water utilities rely on manual sampling to monitor water quality; however it may take days before a contamination event is detected. Competition relies on expensive sensors; as a result, most water utilities can only install such specialized sensors at very few locations within a network, thus offering reduced coverage.
SmartTap is a cyber-physical system comprised of low-cost wireless sensory devices (physical) and smart cloud software (cyber) that are seamlessly integrated, so that the software is able to analyze the data in real-time, as well as to compensate hardware inaccuracies. The SmartTap devices monitor several physicochemical water parameters with low-cost sensors and fuse multi-sensor data at a local level to infer possible contamination events. The goal is to provide real-time water quality monitoring information to consumers and utilities and to reliably detect any contamination events within 1-2 hours, instead of days, thus significantly reducing the financial and societal impact of that event. The SmartTap Sensor System already exists as a home/industry product of Aqualligence, and is currently being field-tested by a water utility. In addition, Aqualligence provides consulting services for water security. Aqualligence envisions to offer a contamination alert service for the protection of water utilities, a very niche market which is not affected by strong competition.
The feasibility study will present the analysis of the market segments/customer needs, the competition and the competitive advantages, the various business models and the best IP Management strategy, the risks and the financial projections under various scenarios.
Fields of science
- social scienceseconomics and businesseconomicsproduction economicsproductivity
- natural sciencesearth and related environmental scienceshydrology
- natural sciencescomputer and information sciencesdata sciencedata analysis
- natural sciencescomputer and information sciencessoftwaresystem software
- social scienceseconomics and businessbusiness and managementbusiness model
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensors
- engineering and technologyenvironmental engineeringwater treatment processesdrinking water treatment processes
- social scienceseconomics and businesseconomicssustainable economy
- natural sciencescomputer and information sciencesartificial intelligencecomputational intelligence
- social scienceseconomics and businessbusiness and managementcommerce
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