What is DaaS?
DaaS is an innovative business model transforming the way organisations gather, share and interpret data by accessing data on demand.
DaaS can be characterised as a framework for designing and developing a set of reusable data services. In recent years, DaaS has gained considerable momentum as enterprises across all sectors are moving towards a service-orientated architecture. In essence, DaaS enables users to only pay for the final outcome they wish to receive instead of purchasing and maintaining the equipment themselves.
DaaS Definition: A partnership model in which a technology supplier operates and maintains certain hardware equipment (e.g., water quality sensor, flow sensor, level sensor) to collect, transmit, and process data and the utility only pays for the delivered results.
Due to its growth in popularity amongst utilities and our membership, SWAN launched the first Community of Practice (CoP) focused on DaaS towards the end of 2020. Through highly engaging and collaborative quarterly calls, global SWAN Members co-develop objectives and discuss various facets of this emerging theme, from definitions to applicable use cases across the smart water sector.
Americas/Europe: Meena Sankaran, Founder & CEO (KETOS)
Asia-Pacific: Greg Ryan, Director of Business Excellence (Water Services Association of Australia)