Veolia Water Technologies by GineersNow Engineering Magazine GineersNow Engineering Magazine September 2016 | Page 74

GN: What do you think should the government, private companies and NGO of each country do to get rid of these? Tom: There are many potential solutions to encourage the adoption of water innovations, but I’ll choose a big one. Currently, most Utility revenue in the US depends on how much water they deliver to the customer, so many utilities lose revenue when their customers conserve water. As a result, utilities are not incentivized to pursue any conservation measures. If water rates were decoupled, utilities would be more receptive to technology that reduces water usage. THE CHALLENGES & SOLUTIONS GN: How do we provide water accessibility to more than 7 billion people? Tom: We believe innovation is the key to increasing water accessibility. Better policies along with the right pieces of technology are both critical for managing water for 7 billion people. Policy and technology go hand in hand, and our accelerator is an ecosystem that supports innovation in both sectors. That said, this stuff doesn’t go into the ground without leadership. Social, political, and business leaders need to stand up for the 7 billion. Without that leadership, nothing happens. GN: What are the greatest challenges in the water industry? Tom: That’s not an easy question to answer. The challenges in the water industry are unusually complex in terms of incentives and structures. A key issue we run up against in our work is the conservative nature of the water industry. When the primary goal is just to ensure clean water flows from the tap, decision makers at utilities understandably prefer to maintain existing operations. But we need early adopters in the water industry to support innovations that can have a vast impact on improving monitoring, access, and quality. Proof points for new technology are critical, and don’t happen fast enough. 74 SEPTEMBER 2016 Clean Water Technologies ADVICE TO THE YOUNG ENGINEERS GN: Please give advice and words 20 countries. Our accelerator represents 1 in every 10 dollars of early-stage water investments. The startups we accelerate have a vast and quantifiable impact. Some like Ayyeka, a provider of remote monitoring solutions, deliver services to large municipal utilities with thousands of customers. Others like Ignitia, a mobile drought forecasting subscription with 80,000 users, have products that directly benefit their end-users. There is no limit to the innovation that can happen in water, and we are proud to support entrepreneurs who are solving vital problems in the industry. of wisdom about the clean water campaign to our young global audience. What would you like to tell to the millennials? Any inspiring words that you can share? Tom: One, build your network. Aspiring water entrepreneurs have more resources than ever, including accelerators like Imagine H2O and an increasing number of funding sources, to create deployable solutions. Two, understand the problem you’re solving. Talk to as many customers as you can so you can figure what job they need you to do, what problem they need you to solve. Three, be impatient. Demand change, and try and create it yourself. The more energy the better. Looking across the industry, the stage is set for new ideas and the next generation of water leaders. It’s an exciting time to be a water entrepreneur!