Market Overview

Banyan Water Expands IoT Footprint with GID Investment Advisers to Conserve Water across the U.S.


, the leading provider of data-driven water conservation for
the built environment, announced today the expansion of its relationship
with multifamily real estate investment firm GID
Investment Advisers

The announcement follows GID's recent release of its 2017
Sustainability Report
in collaboration with Verdani Partners,
featuring Banyan's integration with Mission Pointe in Sunnyvale,
California, where Banyan has saved more the 10.6 million gallons of
water in the last year. Banyan has also installed its software platform
at GID properties in Houston, Texas, and Delray Beach, Florida.

"With Banyan, we've reduced water usage at Mission Pointe by more than
50 percent and saved more than $70,000," said Michael Ferguson, VP of
engineering at GID. "We've already implemented Banyan's technology at a
number of additional properties and look forward to expanding more in
2018 to continue to reduce operating expenses and improve our water

Banyan Water uses a combination of real-time metering, zone-controlled
irrigation and meteorological data to monitor and maintain indoor and
outdoor irrigation efficiency. Banyan's cloud-based software also
detects leaks in real time to avoid detrimental property damage and
exorbitant water bills.

"Water is the most severely undervalued resource in the country," said
Gillan Taddune, CEO of Banyan Water. "Visualizing water savings through
Banyan's data and analytics platform enables enterprises to not only
recognize the environmental advantage that smart technology provides but
also the near-immediate increase in asset value."

For more information about Banyan Water, visit

About Banyan Water

Founded in 2011, Banyan Water is the leading provider of data-driven
water conservation for the built environment. Using smart devices and
real-time monitoring and analytics, Banyan protects Earth's most
precious resource while generating untapped revenue for clients. Since
the company's inception, Banyan has saved more than 2.7 billion gallons
of water—enough to meet the water needs of more than 16,000 households
for a year—and in 2017, increased customer asset value by $20 million.
For more information, visit

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