– Artificial Intelligence to Catalyze a Circular Economy in the Water Industry
In recent years, there has been a lot of effort on resource recovery from wastewater treatment processes. However, little attention has been put on the recovery of parts and equipment that are obsolete for some utilities but still fully functional for other small businesses, industrial plants, and municipalities. This situation is partly due to the fact that existing solutions to deal with equipment surplus are time consuming and require ressources.
In this presentation we will show how artificial intelligence can become a catalyst for a circular economy in the water industry. We will begin the presentation with an overview of existing solutions for managing surplus inventory. We will then explain how to combine open data and artificial intelligence to facilitate the sharing and exchange of parts and equipment within the water industry. Finally, we will touch on rewards programs for reducing the carbon, water and energy footprint linked to re-using existing equipment.