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Shayp

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Belgium

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Thg 10 2017 (8 Years)

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Get to know Shayp

Shayp is a Belgian technology company specialised in the analysis of water consumption and early leak detection. It helps property owners and managers optimise maintenance and save an average of 20% on their water bill thanks to a unique, non-invasive and easy-to-use water monitoring technology labeled by the Solar Impulse Foundation. Saving water, saving on your bill and eliminating water damages become a rational and easy choice with Shayp's fully integrated and IoT-powered service. Since its creation in October 2017, Shayp’s solution has achieved outstanding results with public and private organisations (cities, municipalities, hospitals, schools, apartment complexes, insurers, etc.), keeping their properties safe and their water bills under control. By tackling global water loss, Shayp helped save 500 million liters of water so far and aims to reach 100 billion liters of water saved by 2023.

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Summarization

Shayp Overview: Revolutionizing Water Management

Shayp isn't just another tech company; it's a Certified B Corporation on a mission to significantly reduce global water consumption. Founded in January 2022 [1][5], Shayp aims to achieve a 30% reduction in distributed water waste, minimizing the associated environmental damage [1][5]. This commitment to sustainability is reflected in its impressive B Impact Score of 99.6, far exceeding the median for typical businesses [1]. Operating across Belgium, France, Germany, the Netherlands, and the United Kingdom, Shayp provides cutting-edge water management solutions with a minimal environmental footprint [1]. The company's dedication to both technological innovation and social responsibility sets it apart in the market.

Overview: A Look at Shayp's Journey

Shayp's relatively short but impactful history began in January 2022 [1][5]. A key milestone was achieving B Corp Certification in the same year [1][5], showcasing its commitment to ethical and sustainable business practices. Prior to its formal founding, Shayp’s innovative technology, which provides real-time analysis of water consumption and leak detection, garnered recognition with the Solar Impulse Efficient Solution Label in January 2020 [5]. This award highlighted the potential of Shayp's technology to make a real-world difference in addressing water waste.

Regulatory Compliance and Licenses: A Foundation of Trust

Shayp's commitment to ethical and responsible operations is underscored by its certifications. The company proudly holds the B Corp Certification (awarded January 2022) [1][5], demonstrating its dedication to meeting high standards of social and environmental performance, accountability, and transparency. Further validation of its technology's effectiveness comes from the Solar Impulse Efficient Solution Label (January 2020) [5], which recognizes its contribution to environmentally friendly solutions.

Water Management Products and Services: Shayp's Core Offering

Main Water Management Products: Innovative Technology for Leak Detection

Shayp's core offering revolves around real-time water flow analytics and a non-invasive technology designed to detect and prevent customer-side leakages [3][4]. Their flagship product is an IoT-based water leak detection system that is remarkably easy to install (within 5 minutes!) and boasts an impressive 10-year battery life, complete with an end-of-life notification [1][4]. This comprehensive approach to water management streamlines the process, making it accessible to a wider range of users.

Types of Services Offered: Shayp provides a complete solution, moving beyond simple detection. It assists customers through the entire process, from diagnosing the problem to facilitating repairs [1][2]. This holistic approach minimizes disruption and ensures efficient problem resolution. The system’s high data granularity is a key advantage, enabling the detection of even minor leaks, as small as 50-60 mL per minute [2][4], well before they escalate into significant problems.

Coverage Options and Policy Details: Shayp offers a comprehensive solution designed for effortless integration into existing organizational structures [1][2]. This ease of integration minimizes disruption and maximizes the efficiency of the water management system.

Additional Services: Expanding Capabilities

Beyond its core leak detection system, Shayp provides several additional services to enhance its functionality and integration with existing infrastructure. These include seamless integration with existing water meters and sub-meters for precise remote meter readings [3][4], facilitating accurate data collection. The system also features bi-directional API integration [3][4], allowing for smooth data transfer to other platforms, enhancing its compatibility and flexibility for diverse applications.

A user-friendly interface provides clear and accessible information for field technicians, operators, and building occupants [3][4], streamlining communication and facilitating efficient problem-solving. This multi-faceted approach underscores Shayp's commitment to providing a comprehensive and user-friendly solution.

Premiums and Pricing: A Cost-Effective Solution

Pricing Structure: Balancing Value and Affordability

While specific pricing details for Shayp's software and hardware, including the POLY4 wireless water meter reading system [4], aren't publicly available on their website, the system is designed to offer a rapid return on investment by improving maintenance efficiency and preventing costly repairs from larger leaks [2]. The focus seems to be on providing a reasonable cost balance with advanced technology [4], suggesting that the value proposition justifies the investment.

Discounts and Special Offers: Opportunities for Savings

Currently, Shayp does not explicitly advertise specific discounts or promotional offers. However, the emphasis on cost-effectiveness and rapid ROI suggests that the pricing strategy aims to make the technology accessible without compromising on quality or functionality [4]. The potential for future promotional deals remains a possibility.

Customer Service and Support: Ensuring a Seamless Experience

Contact Methods: Accessing Assistance

While detailed customer support information is limited on the website, email support is readily available via [email protected] [2][4]. The availability of other support channels, such as phone or live chat, is not explicitly stated. Similarly, information regarding 24/7 support or multilingual assistance is not currently provided. Further clarification on these aspects would enhance the user experience.

Pros and Cons of Shayp’s Water Management Services: A Balanced Perspective

Pros: Key Advantages of Shayp's System

  • High Accuracy in Leak Detection: Shayp utilizes advanced machine learning and statistical methods to ensure highly accurate leak detection [2][4], minimizing false positives and ensuring timely intervention.
  • Easy Installation and Integration: The straightforward installation process and seamless integration with existing systems [3][4] makes implementation quick and efficient.
  • Long Battery Life and Robust Hardware: The long battery life (10 years) and durable hardware design [4] contribute to lower maintenance costs and improved reliability.
  • Comprehensive Data Analytics: The system provides detailed data analytics for improved water use efficiency [2][3], enabling proactive management and informed decision-making.

Cons: Areas for Improvement

  • Limited Customer Support Information: More detailed information regarding customer support availability, including 24/7 availability and multilingual options, is needed.
  • Lack of Comparative Pricing: A comparison of Shayp's pricing with industry averages would provide valuable context and aid in evaluating its cost-effectiveness.

Conclusion: Shayp's Impact on Water Management

Shayp is a B Corp certified company making a significant contribution to water conservation through its innovative real-time water flow analytics and non-invasive leak detection technology. The system’s combination of robust hardware, high data granularity, and user-friendly interface makes it a compelling solution for building managers, homeowners, and organizations seeking to reduce water waste and prevent costly repairs. While the system offers substantial advantages, additional clarity on pricing and customer support would further enhance its appeal.

Frequently Asked Questions about Shayp’s Water Management Services

How does Shayp alert me of a leak? Shayp can alert users through various channels, including text messages, emails, or via specific URL integration with existing platforms [2]. The flexibility of notification methods allows for customized alerts tailored to user preferences and existing workflows.

How does Shayp detect leaks? Shayp employs sophisticated machine learning and statistical methods to detect leaks, even in buildings with significant nighttime activity [2]. This advanced technology allows for precise identification of leaks regardless of usage patterns.

What are the smallest leaks Shayp can detect? Shayp can detect leaks as small as 50-60 mL per minute, depending on the precision of the installed water meter [2]. This sensitivity ensures early detection and prevents minor leaks from escalating into significant problems.

References

[1] https://www.bcorporation.net/en-us/find-a-b-corp/company/shayp/

[2] https://www.shayp.com/software

[3] https://www.shayp.com

[4] https://www.shayp.com/hardware

[5] https://www.shayp.com/about-us

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