Innovyze

About Innovyze

Innovyze operates as a provider of business analytics software and performance monitoring solutions tailored for the water and wastewater industry. The company was established in 1996 by Paul F. Boulos, initially as a subsidiary of the engineering firm MWH Global, Inc. Dr. Boulos, an authority on water resources engineering, founded the company to deliver specialized software solutions for the technical requirements of water and wastewater entities. His background includes bachelor's, master's, and doctoral degrees in civil engineering from the University of Kentucky, and he is recognized for authoring numerous books and technical articles.

The company's business model revolves around providing Software-as-a-Service (SaaS) solutions for wet infrastructure business analytics. Its clientele includes a wide range of organizations such as water and wastewater utilities, government agencies, engineering consulting firms, and municipalities. Major public agencies like the water departments of Los Angeles and New York City utilize its software. Revenue is generated through subscriptions to its comprehensive suite of software products that assist professionals in planning, designing, managing, and sustaining water infrastructure systems.

Innovyze offers a portfolio of software for modeling, simulation, and predictive analytics. This suite includes products like InfoWorks ICM for integrated catchment modeling of stormwater and wastewater, InfoDrainage for sustainable drainage design, and InfoWater Pro for water distribution system modeling within a GIS interface. These tools enable clients to simulate various scenarios, such as flooding and system capacity expansions, to optimize designs, mitigate risks, and ensure regulatory compliance. A key aspect of the company's offering is its ability to create digital twins of water infrastructure, providing a centralized view for asset management and operational decision-making. In March 2021, Autodesk completed its acquisition of Innovyze for $1 billion, integrating Innovyze's solutions into its own platform to offer end-to-end digital solutions for the water industry.