A $16.3 billion by 2020
Electricity gets all the attention when it comes to the smart grid, but not to be ignored is also what a smart grid can do for water consumption. Americans consume twice the world average in water, massive amounts are wasted in households, manufacturing, agriculture, and landscaping – massive amounts that could be conserved through proper monitoring and accounting. Luckily, water footprints are getting increased attention, and a water grid is being zeroed in on by businesses such as IBM who is working on boosting technology behind everything from high tech water pollution sensing to water footprint accounting. . In fact, the water grid could be the next big business concept, set to be a $16.3 billion dollar industry in the next 10 years.