(BRK.A), (BRK.B)
Berkshire Hathaway’s EcoWater has signed an exclusive partnership with Phyn, the leader in AI-powered leak detection technology, to offer Phyn’s award-winning smart water monitoring solutions to EcoWater’s extensive North American dealer network.
Phyn’s AI-powered leak detection technology measures and analyzes microscopic changes in water pressure 240 times every second to learn and categorize each water fixture in a home. This unparalleled view into a home’s plumbing system allows Phyn to alert homeowners the second a leak is detected, mitigating costly water damage. From drip leaks to catastrophic pipe bursts and everything in between, Phyn monitors a home 24/7 and gives homeowners the tools to ensure that their home is watertight.
Homeowners will now have a suite of product options through EcoWater that both protect against water-related damages and enhance their home’s water in one integrated water solution. Combined, they can potentially lower their insurance costs up to 15% with a Phyn product, while saving money on hard water related costs by prolonging the lifespan of water-using appliances, soaps, and detergents.
Phyn has been widely recognized for its innovation, including honors from the Red Dot Awards, SXSW Innovation Awards, Core 77 Design Awards, IoT World Awards, CES Innovation Awards and GreenBuilder’s Sustainability Awards among others.
Founded in 1925, EcoWater is part of Berkshire Hathaway’s Marmon Holdings.
© 2023 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.