STOCK TITAN

Mueller Introduces PipeRank™ Virtual Condition Assessment Service for Water Pipelines

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Mueller Water Products, Inc. (MWA) has unveiled its new PipeRank™ virtual condition assessment technology, designed to help water utilities predict pipe failures more accurately than traditional methods. This technology integrates advanced data analytics from VODA.ai and diagnosis capabilities from Echologics. The PipeRank system assigns risk scores to pipe segments, facilitating better planning for maintenance and capital investment. This innovation aims to enhance operational efficiency for municipalities, addressing the challenges posed by aging infrastructure and allowing for critical decision-making based on predictive data.

Positive
  • Introduction of PipeRank™ technology for accurate pipe failure predictions.
  • Enhanced operational efficiency for municipalities using predictive data.
  • Integration of advanced data analytics from VODA.ai with Echologics' diagnostics.
Negative
  • None.

ATLANTA, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Mueller today announced the release of PipeRank™ virtual condition assessment which enables water utilities to get visibility into pipe failures before they happen.

The PipeRank technology, powered by VODA.ai and delivered by Echologics, is designed to predict future failures more accurately than age-based estimates or the prior failure models that are used today.

“Aging infrastructure continues to present challenges to cities around the world,” said Chad Mize, Senior Vice President, Sales and Marketing at Mueller. “Mueller is focused on developing and delivering advanced data-driven solutions to help water utilities address these challenges leveraging technology that enables them to make critical operational decisions.”

The PipeRank technology identifies pipe segments that are likely to fail in the future and assigns a corresponding business risk score. A condition assessment is then performed on the pipelines using the Echologics ePulse® technology to diagnose specific problems. This condition assessment makes it easy for utilities to plan operating and engineering programs by tailoring their course of action; capital expenditures; and focus their resources on the highest risk assets. 

“Current industry best practice is to leverage as much desktop data as possible to identify trends and generate data-supported decisions for failure planning and capital deployment. The PipeRank technology pairs available pipe degradation factors with a proprietary machine learning model to prioritize every pipe segment analyzed by likelihood and consequence of failure,” said Eric Stacey, Vice President and General Manager of Echologics.

For more information on PipeRank Virtual Condition Assessment, visit https://www.echologics.com/services/virtual-condition-assessment/

ABOUT MUELLER WATER PRODUCTS, INC.

Mueller Water Products, Inc. (MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and pipe condition assessment.  We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at www.muellerwaterproducts.com.

ABOUT ECHOLOGICS, LLC.

Echologics, LLC is a subsidiary of Mueller Water Products. Echologics develops acoustic technologies for leak detection and condition assessment of distribution and transmission mains. For more information, visit Echologics.com.

ABOUT VODA.ai

VODA.ai uses artificial intelligence to virtually assess the condition of water mains and help water utilities make smart decisions based on science. VODA.ai is a Software as a Service company serving utilities worldwide. It is headquartered in Boston Massachusetts.

For more information about us or to view our full line of water products, please visit www.echologics.com or call Echologics® customer service at 866.324.6564.

Mueller refers to one or more of Mueller Water Products, Inc., a Delaware corporation (“MWP”), and its subsidiaries. MWP and each of subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other. MWP brands include Mueller®, Echologics®, Hydro Gate®, Hydro-Guard®, HYMAX®, Jones®, Krausz®, Mi.Net®, Milliken®, Pratt®, Pratt Industrial®, Singer®, and U.S. Pipe Valve & Hydrant. Please see www.muellerwp.com/about to learn more.

© 2020 Echologics, LLC. All Rights Reserved. The trademarks, logos and service marks displayed in this document are the property of Echologics, LLC., its affiliates or other third parties. Products marked with a section symbol (§) are subject to patents or patent applications. For details, visit www.mwppat.com. These products are intended for use in potable water applications. Please contact your Mueller Sales or Customer Service Representative concerning any other application(s).


Media Contact
Yolanda Kokayi
ykokayi@muellerwp.com
770-206-4131


FAQ

What is PipeRank technology and how does it help water utilities?

PipeRank technology allows water utilities to predict pipe failures by analyzing data and assigning risk scores to pipe segments, facilitating better maintenance planning.

What company developed PipeRank technology?

PipeRank technology was developed by Mueller Water Products in collaboration with VODA.ai and Echologics.

When was the PipeRank virtual condition assessment announced?

The PipeRank virtual condition assessment was announced on September 17, 2020.

What are the benefits of using PipeRank for municipalities?

The benefits include improved operational efficiency, better capital spending decisions, and enhanced ability to address challenges posed by aging infrastructure.

What does the risk scoring in PipeRank signify?

The risk scoring indicates the likelihood of future pipe failures, allowing utilities to prioritize their maintenance and capital expenditure efforts.

Mueller Water Products, Inc.

NYSE:MWA

MWA Rankings

MWA Latest News

MWA Stock Data

3.31B
153.20M
1.94%
94.88%
2.02%
Specialty Industrial Machinery
Miscellaneous Fabricated Metal Products
Link
United States of America
ATLANTA