NUREMBERG, Germany, Dec 6, 2023 – Siemens has announced the acquisition of BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s award winning software has been deployed around the world to support customers with smart metering solutions, water quality, asset management, and integration of hydraulic models and artificial intelligence for detecting leaks and other anomalies in water networks. Siemens has had a licensing agreement with BuntPlanet since 2019 to sell their leakage detection software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire offering and team will be integrated with Siemens’ application portfolio for water utilities making it even more comprehensive for water customers.
“We are excited to welcome the BuntPlanet team to Siemens and strengthen our software portfolio for the water industry,” says Axel Lorenz, CEO of Process Automation at Siemens. “The digitalization of the water industry is key to tackling current and future challenges of the global water supply. This acquisition will enable us to provide our customers with a more integrated and comprehensive solution for managing their water networks.”
Aihnoa Lete, CEO at BuntPlanet, says: “By joining Siemens, we are becoming part of a team that is leading the digital revolution globally. We are excited about the growth that this closer relationship will bring.”
BuntPlanet’s core offering, BuntBrain, is a software platform with solutions for leak detection, water quality improvement, end-use water analysis, water loss reduction, asset management, digital twin and water meter management. The application includes the latest advances in Artificial Intelligence, big data, and hydraulic simulation to pre-locate leaks and other anomalies, minimizing risk of damage to infrastructure and reducing operational and maintenance costs. With proven integration with Siemens Measurement Intelligence hardware portfolio the combination of sector leading instrumentation and software has demonstrated detection of leaks as small as 0.25 liter per second. For instance, Siemens customer VA Syd, a Swedish water company, developed a smart leakage detection system based on the AI-powered SIWA LeakPlus application provided by Siemens.
Since December 1st, 2023, BuntPlanet is a 100 percent subsidiary of Siemens Spain. The company is assigned organizationally to Siemens Digital Industries and part of the Process Automation Business Unit. Once the integration has fully concluded, Siemens will make BuntPlanet’s offering also available on its open business platform, Siemens Xcelerator.
Further details on Siemens offering for the water industry can be found here: https://www.siemens.com/global/en/industries/water.html
For further information on BuntPlanet visit https://buntplanet.com.
About Siemens Digital Industries
Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 72,000 employees internationally.
About Siemens AG
Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
