A landmark year for us, but more to come in 2016

Our chairman, John Kneller, looks back at 2015 and forward to 2016 when we also have a new purpose-built office to open

John Kneller, Chairman, RiventaWith strong growth, an expanding team, as well as exciting research and development, we can look back at 2015 as a landmark year for us at Riventa. Here our chairman, John Kneller (pictured), looks back at the year and forward to 2016 when we also have a new purpose-built office to open.

As we neared December this year we received great news in the form of a new contract with an existing client, one of the UK’s largest water and wastewater treatment companies based in the North West of England.

Like most service providers today our client strives to keep prices as low as possible for its seven million customers, making it vital to maximise operational efficiencies throughout all pumps and associated drives. Having been able to optimise the client’s pumping operations and deliver significant savings as part of a pilot project at the Huntington Water Treatment Works, we will be returning in 2016 to work on pumps and at stations across their network of pumping stations.

Our new contract in the North West is just one example of strong growth in Europe and Asia. In particular we have been extremely encouraged by securing new business alongside our sales partners – notably Deritend in the UK and BL Process in Korea. These mutually beneficial partnerships see our technology and services helping our partners to deliver an improved service for their clients, while we get the opportunity to access a broader market by working alongside them.

As a result of our strategic growth we took the decision to expand our team on 2015. We recently welcomed Rob Hale and Geoff Adderley to our highly experienced hydraulic consultancy team. The team now has the capacity to deliver water pump efficiency analysis and reports to over 3,000 pumps per year.

Our expansion also meant we had to look for a new office during the year, which we will be moving into at the beginning of January. Our new building has been purpose-built so we can have everything under one roof – not only our consultancy and sales teams but also our research and development facility too.

This new facility is a major investment in our business and developing technologies, giving us greater ability to move forward with further growth in 2016 and beyond.

Specific development areas include:

  • The launch of our new portable Freeflow system (due spring 2016). Currently being trialled it will improve pump tests and boost in-house productivity.
  • Continued development of our advanced analytics software, which we use to analyse pump energy data and enables us to find efficiencies for our clients.
  • New insights through artificial intelligence (AI) and machine learning, which we increasingly make use of to identify asset improvements, in particular to meet the demands of AMP6 in the Water Industry. Essentially we’re able to take mass data sets and use AI to find outcomes we would otherwise struggle to formulate as humans.

Also there are many other business development opportunities on which we are working some of which we will execute in 2016 and others being more long term.

So, while we’re all looking forward to a well earned break over Christmas, both myself, and the whole Riventa team, are keen to get an exciting 2016 underway and begin to implement more exciting projects delivering significant value for our partners and clients alike.

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