FluidAnalytics Receives Award at World Economic Forum
Santa Cruz Accelerates 5th cohort participant, Asim R. Bhalerao, announced that he received a Top Innovator Award in the Zero Water Waste Challenge at the World Economic Forum for his company Fluid Analytics Inc. efforts towards global freshwater conservation.
The World Economic Forum (WEF) is an international non-governmental organization known for its annual meeting in Davos, Switzerland, where top global leaders from business, government, and civil society come together to discuss pressing global issues.
Fluid Analytics Inc. is a water analytics company, helping cities around the world solve urban water pollution. Cities across the United States discharge over 2 billion gallons of untreated wastewater into the environment. Fluid Analytics’ comprehensive water analytics platform is designed to help water utilities predict and prevent sanitary sewer overflows to address global urban water pollution. Fluid Analytics’ has developed a unique artificial intelligence technology to automate defect detection in pipelines that routinely undergo visual inspections. According to their website, Fluid Analytics is the only comprehensive ADR (automated defect recognition) software built on inspection data collected across multiple countries.
Asim participated in the Zero Water Waste Challenge which is the second out of five innovation challenges hosted by HCL Group, an IT services, solutions & distribution company (and creator of the first PC before IBM and Apple), and UpLink, the open innovation platform of the World Economic Forum.
The top 10 water-focused entrepreneurs or “Aquapreneurs” were selected from a pool of 192 global applicants for their innovative water solutions. They will each receive an award from a total prize pool of 1.9 million CHF which is equivalent to $2,186,979.80.