Xylem (XYL), Amazon Partner To Support Water Sustainability In Mexico

Xylem Inc. (NYSE:XYL) is one of the best smart city stocks. On September 11, Xylem and Amazon announced a collaboration for advanced water management technology in Mexico City and Monterrey to conserve over 1.3 billion liters of water per year.

The project will deploy Xylem Vue, a software solution that applies data analytics to spot leaks and lower water waste, aiming to conserve about 800 million liters annually in Mexico City and 560 million liters in Monterrey.

Xylem (XYL), Amazon Partner To Support Water Sustainability In Mexico

Pixabay/Public Domain

Mexico City’s water infrastructure, which caters to 9 million residents, loses as much as 40% of water to leaks in the pipes. Real-time pressure management and proactive leak detection will help repair issues quickly.

The project in Monterrey widens the existing Xylem Vue system across two additional districts, including a low-income area, while also offering high-tech leak detection technology.

Jaime Barba, General Manager at Xylem Vue, commented that capturing over a billion liters of water annually makes a crucial difference in a water-deprived region.

The initiative is integrated into Amazon’s global water stewardship plan, featuring over 30 projects meant to restore more than 14 billion liters of water.

Xylem Inc. (NYSE:XYL) builds and provides services for engineered products like pumps, water treatment systems, smart meters, sensors, software, and maintenance services for cities.

While we acknowledge the risk and potential of XYL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than XYL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.

Disclosure. None.