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The Value of Data for the German Water- and Wastewater industry

Author

Listed:
  • Lukas Hormann

    (Hochschule-Ruhr-Werst, Duisburgerstraße 100, 45475 Mülheim an der Ruhr,)

  • Sarah Stuhl

    (Hochschule-Ruhr-Werst, Duisburgerstraße 100, 45475 Mülheim an der Ruhr,)

Abstract

This article deals with the value of data for the German water- and wastewater industry. It addresses questions and findings of the digitization to the special field of the economy of utilities and here for water- and wastewater. Firstly describing general aspects of how digital data is compiled and structured, the article shows the growing significance of digital data by analyzing the value chain of water- and wastewater companies and showing, where relevant sources of data are. After that, the assessment of the findings shows, data is becoming more and more important, although the German water- and wastewater companies are organized as a natural monopoly. As the use of (technical) digital data has a long tradition in the German water- and wastewater sector, the article gives suggestions on where new fields of usage of digital data can occur. The expansion of using digital data to meet challenges like cost-pressure, optimizing maintenance patterns and building new sources of value for the company are key findings. As the water and wastewater companies are at a starting point in digitizing the article comes to the conclusion that further research is necessary to foster the advanced use of digital data and give guidelines as well as information.

Suggested Citation

  • Lukas Hormann & Sarah Stuhl, 2018. "The Value of Data for the German Water- and Wastewater industry," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2018),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb018:142-151
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    File URL: http://kgk.uni-obuda.hu/sites/default/files/MEB%202018_Proceedings_w.pdf
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    Cited by:

    1. Günter Müller-Czygan & Viktoriya Tarasyuk & Christian Wagner & Manuela Wimmer, 2021. "How Does Digitization Succeed in the Municipal Water Sector? The WaterExe4.0 Meta-Study Identifies Barriers as well as Success Factors, and Reveals Expectations for the Future," Energies, MDPI, vol. 14(22), pages 1-21, November.

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