HydroPoint Announces Record-Breaking Revenue Growth
July 8, 2016 – PETALUMA, CA – HydroPoint Data Systems, the established leader in smart water management solutions, today announced record year-over-year first half revenue growth of 24%. Both HydroPoint’s WeatherTRAK smart irrigation solution and its recently acquired Baseline business achieved their highest revenue to date by selling to a wide array of water-focused property managers and owners.
“The first half of 2016 has delivered great returns on a wide range of investments made toward scaling the company, from upgrading our entire back office infrastructure to a suite of innovative new product releases and, most importantly, a significant increase in service and support coverage,” stated Christopher Spain, HydroPoint’s cofounder and CEO.
“It has been a great first half for Baseline and HydroPoint. Great team work drives great results,” stated Joe Wallace, Baseline’s CEO. “We think the market is going to really take notice as HydroPoint and Baseline work together to continue to innovate in the water management industry. It has been very exciting to share in HydroPoint’s vision of smart water management. Like Baseline, they are in this for the long haul and consequently see customer satisfaction as mission goal number one.”
HydroPoint is the proven leader in smart water management solutions targeting the area of greatest waste in urban water use, landscape irrigation. As a 2014 EPA WaterSense® Manufacturer Partner of the Year, the Company offers smart irrigation management solutions proven in over 25 independent studies and chosen by leading landscape professionals. From Walmart to Los Angeles County, HydroPoint has been helping commercial, government, education, and home communities maximize water savings, reduce operating costs, and minimize risk since 2002. In 2016, HydroPoint acquired Baseline, a leading provider of smart irrigation control technologies that provides solutions for agriculture, commercial and residential applications. For more information, visit www.hydropoint.com.