The document discusses strategies that water utilities can use to address increasing water stress and reduce non-revenue water (NRW). It defines the concept of "smart water" as using sensors, meters, and analytics across water networks, assets, and customer information. Key strategies discussed include dividing pipe networks into smaller zones (District Metering Areas) to better detect leaks, prioritizing the awareness, location, and repair of leaks to reduce real losses, and using analytics to transform utility data into insights that inform actions to cut NRW. The document advocates an integrated analytical approach across water utility activities and systems to support improved network performance, customer service, and financial and operational goals.