The blockbuster news of Xylem acquiring Evoqua in 2023 overshadowed the company's secondary move of a minority stake ownership in Idrica, a digital solutions company solving water loss and system monitoring challenges around the globe. At the end of 2024, Xylem increased its investment to a majority stake ownership, furthering its partnership with the Spain-based solutions provider.
Snehal Desai, chief growth and innovation officer for Xylem, explains Idrica's solutions and current successes while also providing further context as to how Idrica fits into Xylem's ever-growing portfolio as the company looks to the future in 2025.
Bob Crossen is the editorial director for the Endeavor Business Media Water Group, which publishes WaterWorld, Wastewater Digest and Stormwater Solutions. Crossen graduated from Illinois State University in Dec. 2011 with a Bachelor of Arts in German and a Bachelor of Arts in Journalism. He worked for Campbell Publications, a weekly newspaper company in rural Illinois outside St. Louis for four years as a reporter and regional editor.