Water shortages will threaten growth within five years, say over half of European industrial leaders

A new Schneider Electric report reveals water stress now ranks among the top business continuity risks for European industrial companies, alongside cyber-attacks and supply chain disruption. Despite 86% of industrial leaders believing smart water technology can reduce costs, only 42% have deployed digital twins and similar solutions. The research highlights a significant gap between awareness and adoption of water management technologies, with 47% of companies already increasing water efficiency investments.