Siemens acquires BuntPlanet to strengthen its AI portfolio in the water sector

siemens

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 metring 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 licencing 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.

“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 digitalisation 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 metre management. The application includes the latest advances in Artificial Intelligence, big data, and hydraulic simulation to pre-locate leaks and other anomalies, minimising risk of damage to infrastructure and reducing operational and maintenance costs.

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