This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IBM Helps Transform Thames Water Using Big Data Analytics In Preparation For Future Growth

LONDON, May 16, 2013 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has been appointed as the Technology and Innovation Partner in the Thames Water AMP6 Alliance. IBM together with Thames Water will create innovative strategies by analyzing big data and social media with the aim of improving operations and customer interaction while preparing the water company for future transformation. As part of the alliance IBM will help shape the water company's business plan which supports essential improvements to aging water and sewer networks across London and the Thames Valley.

(Logo:  http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

Thames Water provides clean and wastewater services to 14 million households and businesses in London and the South East of England - more than any other UK Water Company. The alliance, the biggest in the UK Water Sector, is set to carry out between £2bn and £3bn of work and signals a complete transformation in the way Thames Water operates.

"We have a significant amount of work to do upgrading our deteriorating infrastructure over the next 25 years and beyond, while keeping customers' bills affordable. If we are to achieve this a different approach is required," said Lawrence Gosden, Asset Director, Thames Water.

"Our focus will be on delivering value, as opposed to just cost-efficiency. We will take a long-term view, as well as making sure we meet our shorter-term goals. By forming this early, two years before the start of the next five-year regulatory period, we stand the best possible chance of delivering the safest, most sustainable and most innovative solutions - those which don't necessarily involve simply pouring concrete."

Based on collaboration, innovation and sustainability, Thames Water aims to integrate its supply chain with business planning to improve outcomes pre set for the next regulatory period (AMP6) between 2015-2020. Additionally, the alliance will focus on boosting safety, reducing total expenditure and environmental impact alongside lowering energy and chemical costs.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,105.33 +81.27 0.45%
S&P 500 2,117.06 +8.77 0.42%
NASDAQ 5,028.0230 +22.6320 0.45%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs