Urban population growth, the impacts of climate change, and water scarcity risks present challenges and opportunities for Australian water corporations. As demand for water increases, companies providing water and sewerage services are under growing pressure to improve resource efficiency, address sustainability needs, and ensure affordability for customers. Water utilities are in various stages of digital transformation to promote water security by reducing non-revenue water (NRW) losses and optimizing resources.
Implementing smart solutions in the water and wastewater systems to boost efficiency significantly increases the utility provider’s ability to enhance customer value. This is especially important as more water corporations embrace net zero goals to deliver on sustainability and enable the circular economy, improving resilience.
With the support of a robust ecosystem of local IoT solution providers and university research collaborations, Australian water utilities actively explore a wide range of smart solutions, including IoT-enabled smart water network management solutions to detect leaks or water loss and monitor and predict sewer blocks. Smart meters provide leak alerts and asset management solutions to optimize operations, maintenance, and water quality. Given the growing demand for smart water solutions, the potential for revenue diversification through the export of expertise or technology strongly incentivizes utilities to invest in disruptive smart IoT-based solutions.
Frost & Sullivan analyzed the top 15 water corporations in Australia, which exemplified visionary innovation and growth efforts in the past year. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.
Strategic Imperative
Strategic Imperative (continued)
Growth Environment
Frost Radar™: Water Utility Services in Australia, 2024
Frost Radar™ Competitive Environment
Frost Radar™ Competitive Environment (continued)
Frost Radar™ Competitive Environment (continued)
Barwon Water
Barwon Water (continued)
Barwon Water (continued)
Central Coast Council Water & Sewer
Central Coast Council Water & Sewer (continued)
Central Coast Council Water & Sewer (continued)
City of Gold Coast Water & Sewer
City of Gold Coast Water & Sewer (continued)
City of Gold Coast Water & Sewer (continued)
Greater Western Water
Greater Western Water (continued)
Greater Western Water (continued)
Hunter Water
Hunter Water (continued)
Hunter Water (continued)
Icon Water
Icon Water (continued)
Icon Water (continued)
Logan Water
Logan Water (continued)
Logan Water (continued)
South Australian Water Corporation
South Australian Water Corporation (continued)
South Australian Water Corporation (continued)
South East Water
South East Water (continued)
South East Water (continued)
South East Water (continued)
Sydney Water
Sydney Water (continued)
Sydney Water (continued)
Sydney Water (continued)
Tas Water
Tas Water (continued)
Tas Water (continued)
Unitywater
Unitywater (continued)
Unitywater (continued)
Urban Utilities
Urban Utilities (continued)
Urban Utilities (continued)
Water Corporation Western Australia
Water Corporation Western Australia (continued)
Water Corporation Western Australia (continued)
Yarra Valley Water
Yarra Valley Water (continued)
Yarra Valley Water (continued)
Best Practices
Growth Opportunities
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Next Steps
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
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Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Author | Paul Hudson |
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Water Utility Australia |
| Keyword 2 | Utility Infrastructure |
| Keyword 3 | Water Management Trends |
| Podcast | No |
| WIP Number | PFPK-01-00-00-00 |
Frost Radar™: Water Utility Services in Australia, 2024
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
10-Oct-2024
Asia Pacific
Frost Radar
