To move from a reactive to a preventive decision-making approach regarding water quality monitoring and environmental impact assessments in rivers, lakes and oceans we need in-situ data, satellite data and numerical modelling. UNDERSEE developed a compact and easy to install in-situ water data acquisition system (UNDERSEE_water) and a user-friendly cloud platform (UNDERSEE_cloud) combined with space data and predictive models, which enables the spread of Ships of Opportunity and Precision Aquaculture projects in a large scale.
UNDERSEE solution allows users to monitor and predict water quality changes in rivers, lakes or oceans, without dealing with sensors maintenance. We provide an end-to-end service with an integrated offering of hardware, software, installation, maintenance and customer support, based on a Connected Product-as-a- Service model where customers subscribe for the usage of the product (data-based fee) and automated decision-making tools.

 

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Concrete Application

Users as Research Centers, Environmental Agencies, Municipalities or Aquaculture Producers can implement our solution in preventive decision-making strategy regarding sudden water quality changes, turning the received information in actionable data. For example, for coastal and estuarine monitoring, real-time water data can be collected from existing vessels and users automatically receive early warnings of water quality changes.
Open-net pen aquaculture producers can prevent production losses and optimize fish feeding and growth. Among other features, producers can access predictions about dissolved oxygen for the upcoming days and early warnings via SMS or e-mail about possible algae blooms threats or severe oxygen depletion events.

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Market Potential

According to Technavio report the total water quality equipment market for coastal and estuarine monitoring and aquaculture monitoring are likely to reach 1.266 M€ by 2021. Since we are providing a service instead of selling water quality sensors and equipment, this analysis is not totally representative of our market size. We are developing a service in an untapped market, so we used a bottom-up market analysis approach to estimate our TAM and SAM for each segment. The estimations are feasible, since we validated our price in each segment, based on yearly recurring revenues for each vessel and for each aquaculture cage installation, which annual fee subscription was validated by relevant market players. The TAM estimated is 2676 M€.

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Key Points

• Maintenance free water quality device

• Early warnings of water changes for the upcoming days

• In-situ water data transmission from anywhere in the globe

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