Jon Grant from WaterTAP introduces the Event and talks about how data has been key to many industries and should be applied to the water industry

1. Go Beyond the Spreadsheet:
A Lunch & Learn on Data & Analytics for
the Water Technology Sector
Jon Grant
WaterTAP

2. WaterTAP’s Mandate
CONNECTING commercial-ready Ontario companies
with the resources they need to successfully
commercialize their water technologies
CELEBRATING AND SHARING the successes of
Ontario water utilities and companies that are finding
innovative and sustainable solutions
ADVOCATING with provincial and municipal
governments to foster innovation-friendly water
management policies
INTRODUCING water entrepreneurs, businesses, and
investors worldwide to the Ontario water community.

3. Why Data?
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•
•
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Gain better understanding of markets
Predict the future with more certainty
Get information faster
Describe correlation versus causality

4. Example: New Product Forecasting

5. New Product Forecasting in the 80s
• Basic Multiple Regression Analysis
•
Counting the number of products shipped

6. New Product Forecasting in the 90s
• Advanced Multiple Regression Analysis
•
Counting where products are purchased

7. New Product Forecasting in the early 00s
• Advanced Multiple Regression Analysis
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Knowing who is purchasing products

8. New Product Forecasting late 00s and
beyond …
• Agent Based Modeling has changed the game
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Simulations can shed light on multiple scenarios in
the fictional universe.

9. Data in the water sector
• As a utility
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Optimize your plant
Predict problems and solve them before they are an
issue
• As a company
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Understand market trends or find new markets
Generate information
• As a regulator
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Understand global best practices
Use existing data to find correlations that may not be
apparent

10. Enjoy the workshop!
Jon Grant MSc LLM
Jon.grant@watertapontario.com
@watertapontario
#Ontariowater