News and Announcements
Thinxtra Signs 5-Year Agreement with WaterGroup
- Published July 14, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Australian smart water meter company, WaterGroup has signed on a five-year partnership with IoT provider Thinxtra in a deal to detect water leaks along with avoiding the loss of litres of water.
KEY TAKEAWAYS:
- Thinxtra says the Sigfox network will cover 95% of the Australian population by the end of the year and currently covers 71%.
“Large users of water will benefit greatly from this network coverage as it provides a platform for our smart meter systems. They deliver not only automated meter readings but also valuable additional information on water use that helps our clients save water and money. In particular, undetected leaks wasting millions of litres of water which cost thousands of dollars will become a thing of the past,” says Guenter Hauber-Davidson, managing director of WaterGroup.
Thinxtra chief executive Loic Barancourt said WaterGroup had been chosen as a partner “because it is one of the leading providers of systems and solutions to the smart water meter market in Australia with an excellent reputation of delivering tangible business outcomes to its enterprise and utility customers”.
“By joining forces with WaterGroup we will be combining their smarts in water meters with the benefits of Sigfox, the leading wireless technology for low cost and low power IoT applications.
“Thinxtra is becoming the low power wide area network of choice in Australasia for the Internet of Things. Thinxtra makes it simple and economical for objects to connect, thanks to the nationwide Sigfox networks we have already deployed and are operating.”
Company Updates
The Biofilm Breakthrough: How An Australian BioTech Firm Is Tapping Indonesia’s $45,000-a-Kitchen Bottleneck
Australian sustainability and deep-tech firm Altair International Pty Ltd is commercialising plant-based clinical hygiene technology, targeting a prime operational bottleneck in Indonesia’s massive national free meals program. Every few years, an Australian deep-tech company emerges combining proprietary science with a transformational anchor contract, the kind of business that quietly creates an entirely new market category […]
THE TAX CHANGED. NOW THE PRODUCT IS CHANGING TO MATCH.
Changes to the 50% capital gains tax discount are shifting Australian private capital away from growth and into high-yielding wrappers. Fund managers are actively redesigning products across private credit and property to capture the incoming capital rotation
The Algorithm Re-Dosing Cancer Treatment: Inside the University of Melbourne Spin-Out Rewriting a 60-Year-Old Formula
Oncology specialists are still calculating toxic chemotherapy doses using a formula from the era of the Ford Model T, leading to a system where seven out of eight patients are routinely overdosed. University of Melbourne spin-out PredicTx is dismantling this legacy approach, utilizing advanced AI to analyze existing patient CT scans, deliver precision medicine to the bedside, and return a massive 100x financial rerate to hospital networks.
Backed By Leading Investment Groups and Family Offices
