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The biggest beneficiary of ongoing global trend of digital transformation will be the homes and buildings sector in Asia. Proliferation of competitive energy management technologies will be aided by the use of cloud and open platform building management solutions (BMS). Facility Management companies will move into new service frontiers by acquiring and engaging in partnership with niche information technology players. With the availability of cheap and user-friendly devices for home automation, the smart home market is expected to show a strong growth in China, South Korea and Japan.
Reducing Non-Revenue Water will remain Key Focus for the Water Industry
The issue of resources and revenue leakage continues to plague the water sector across most of Asia. This will remain a major investment opportunity, with adoption of digital technologies like sensors and smart meters, helping to solve the problem to some extent. Indonesia’s ambitious plans to restructure its water sector and attract US$25 billion in potential investments would very much depend on the actual ground level implementation. Lack of financial prudence, political interference and policy flaws could potentially derail the plan, if these issues are not addressed.
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