Grundfos: Pioneering Water-as-a-Service Solutions through IoT

Through a highly collaborative partnership with Telenor IoT, Grundfos is leveraging IoT technology as an enabler to help improve water management and reduce energy consumption, as well as other optimizations.

Water-as-a-Service Business Model - The “as-a-service” business model is built on the idea that products can become valuable services. These services, often connected by IoT, produce results that are usually much more sustainable than traditional product businesses.

For Grundfos, the move to offer connected water pumps and goal to offer water-as-a-service means that rather than only focusing on selling pump units or systems, it is also focused on the results that the water solutions enable. Connectivity enables Grundfos to offer the pumps and solutions as a vehicle for services that can go on to help generate solutions to complex water related challenges.