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Press Release05 December 2023Digital IndustriesNuremberg
Siemens acquires BuntPlanet to strengthen its artificial intelligence portfolio in the water sector
Siemens expands its portfolio for water industry customers with a focus on non-revenue water reduction
BuntPlanet offers cloud-hosted AI solutions for water utilities
Offering to be integrated into the Siemens Xcelerator business platform
Today, Siemens has announced the acquisition of
BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s award winning software has been deployed around the world
to support customers with smart metering solutions, water quality, asset
management, and integration of hydraulic models and artificial intelligence for
detecting leaks and other anomalies in water networks. Siemens has had a
licensing agreement with BuntPlanet since 2019 to sell their leakage detection
software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire
offering and team will be integrated with Siemens’ application portfolio for
water utilities making it even more comprehensive for water customers.
Siemens expands its portfolio for water industry customers with a focus on non-revenue water reduction
BuntPlanet offers cloud-hosted AI solutions for water utilities
Offering to be integrated into the Siemens Xcelerator business platform
Today, Siemens has announced the acquisition of
BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s award winning software has been deployed around the world
to support customers with smart metering solutions, water quality, asset
management, and integration of hydraulic models and artificial intelligence for
detecting leaks and other anomalies in water networks. Siemens has had a
licensing agreement with BuntPlanet since 2019 to sell their leakage detection
software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire
offering and team will be integrated with Siemens’ application portfolio for
water utilities making it even more comprehensive for water customers.
Management from BuntPlanet and Siemens Digital Industries (from left): Ainhoa Lete (CEO BuntPlanet), Matthias Giczi (VP Finance Process Industries Software, Siemens), Anja Eimer (General Manager Global Water Industry, Siemens), Bart Moors (General Manager Process Industries Software, Siemens), Adam Cartwright (Strategy Director for Software in Water and Waste Water, Siemens), Raul Navas (COO BuntPlanet), Anna Elisabeth Meier (Business Partner People & Organization, Siemens)
“We are excited to
welcome the BuntPlanet team to Siemens and strengthen our software portfolio
for the water industry," says Axel Lorenz, CEO of Process Automation at
Siemens. "The digitalization of the water industry is key to tackling
current and future challenges of the global water supply. This acquisition will
enable us to provide our customers with a more integrated and comprehensive
solution for managing their water networks."
Aihnoa Lete, CEO at
BuntPlanet, says: “By joining Siemens, we are becoming part of a team that is
leading the digital revolution globally. We are excited about the growth that
this closer relationship will bring.”
BuntPlanet’s core offering, BuntBrain, is a
software platform with solutions for leak detection, water quality improvement,
end-use water analysis, water loss reduction, asset management, digital twin and
water meter management. The application includes the latest advances in
Artificial Intelligence, big data, and hydraulic simulation to pre-locate leaks
and other anomalies, minimizing risk of damage to infrastructure and reducing
operational and maintenance costs. With proven integration with Siemens
Measurement Intelligence hardware portfolio the combination of sector leading
instrumentation and software has demonstrated detection of leaks as small as
0.25 liter per second. For instance, Siemens customer VA Syd, a Swedish water
company, developed a smart leakage detection system based on the AI-powered
SIWA LeakPlus application provided by Siemens.
Since December 1st, 2023, BuntPlanet is a 100
percent subsidiary of Siemens Spain. The company is assigned organizationally
to Siemens Digital Industries and part of the Process Automation Business Unit.
Once the integration has fully concluded, Siemens will make BuntPlanet’s
offering also available on its open business platform, Siemens Xcelerator.
Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with
partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital
Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to
integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio
supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio
to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg,
Germany, and has around 72,000 employees internationally.
Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.