AGS

What AGS does

AGS Water Solutions (AGS – Administração e Gestão de Sistemas de Salubridade, S.A.) is a Portuguese private company founded in 1988 that specializes in management of the full urban water cycle — from water capture, treatment, and distribution to wastewater collection and treatment. The company serves municipal water utilities, public entities, and private water operators across Portugal, Brazil, Chile, and the Philippines, operating under three contractual models: long-term concessions, institutionalised public-private partnerships (PPPs), and direct service provision contracts. AGS operates nine Portuguese subsidiary water utilities (including Águas de Cascais, Águas de Gondomar, and Fagar) and serves 13.1 million people across 17,850 km of water networks and 7,130 km of wastewater networks in its core geographies (with additional Sendai, Japan deployment via its Infrawise product). The company is wholly owned by Marubeni, a Japanese multinational trading conglomerate.

AGS's technology stack centers on a proprietary software suite comprising Flowise (real-time network monitoring and anomaly detection from sensor data), Flowise Corporate (enterprise water/energy consumption analytics), Meterwise (integrated meter management with predictive error calculation), Infrawise (AI/ML-driven rehabilitation prioritization for water and drainage infrastructure), G/Interaqua (GIS-based infrastructure management), Aquaworks (operational management with mobile work order handling), and Aquaman (asset and maintenance management aligned with ISO 55000 and PAS 55 standards). These products integrate with CRM, ERP, GIS, telemetry, and asset management systems. The company is supported by 9 active R&D projects (including IAFLUI, IPERDAS, iEQTA, AVALER+, and AWARE-P) in collaboration with research institutions such as LNEC, and has received the IWA 2014 Project Innovation Award and International Mülheim Water Award 2014.

AGS's revenue model is diversified across four streams: concession management (primary, managed services), PPP management (managed services), service provision contracts (professional services), and engineering consultancy (professional services), with software licensing as an emerging subscription/recurring revenue stream. The company employs an enterprise field sales motion targeting B2B/B2G clients through long-term institutional contracts, distributed via direct sales in concession agreements, PPPs, and service contracts, with marketing awareness through IWA conferences, LESAM conferences, and industry publications.

Name

AGS

Legal name

AGS – Administração e Gestão de Sistemas de Salubridade, S.A.

Website

https://ags.pt

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

251–500 employees

Short description

AGS Water Solutions is a Portuguese water management company, wholly owned by Marubeni, that operates urban water cycle concessions, PPPs, and service contracts across Portugal, Brazil, Chile, and the Philippines, serving 13.1 million people via proprietary software (Flowise, Meterwise, Infrawise) and infrastructure management services for municipal water utilities.

Ownership category

akta.pro rank

Product category

Water Infrastructure Management Services

NAICS

Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (221310), Administration of Environmental Quality Programs (924)

SIC

Water Supply (4941), Electric, Gas & Sanitary Services (4900), Industrial Instruments For Measurement, Display, And Control (3823), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Water & Wastewater Infrastructure Asset Management (EUAEAMAH)

akta.pro secondary industry

Water Resources Administration (Watersheds, Rivers, Groundwater) (BPAIAMAE)

Keywords

• Water infrastructure management
• Wastewater treatment services
• Non-revenue water reduction
• Water utility consulting
• Hydraulic network modelling

Headquarters

HQ city

Paço De Arcos

HQ country

Portugal

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Concession Management: AGS operates water and wastewater concessions on behalf of municipalities and public entities, managing the full infrastructure lifecycle under long-term contractual arrangements. This is the primary revenue stream and the core of the company's business model.
2. Public-Private Partnership (PPP) Management: AGS manages institutionalised PPPs for urban water cycle infrastructure, providing integrated services from consultancy through to operation and maintenance.
3. Service Provision Contracts: AGS provides tailored operation and maintenance services for water supply and wastewater systems under direct service contracts with public and private water utilities.
4. Engineering Consultancy Services: Specialised engineering consultancy including diagnostics, performance assessment, hydraulic modelling, water safety plans, energy efficiency studies, and infrastructure asset management planning.
5. Software Licensing: AGS licenses its proprietary software suite (Flowise, Meterwise, Infrawise, G/Interaqua, Aquaworks, Aquaman) to water utilities and municipal operators for internal infrastructure management.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

AGS operates, maintains, and manages urban water cycle infrastructure for municipalities and water utilities through concessions, public-private partnerships, and direct service contracts. It provides engineering consultancy and a proprietary software suite (Flowise, Meterwise, Infrawise, G/Interaqua, Aquaworks, Aquaman) covering real-time network monitoring, meter management, AI-driven rehabilitation planning, GIS infrastructure management, operational management, and ISO-aligned asset management.

Product overview

AGS Water Solutions offers a comprehensive portfolio of water management software products and services. The software portfolio includes Flowise (real-time monitoring for water supply and wastewater), Flowise Corporate (enterprise water/energy consumption analysis), Meterwise (meter management), Infrawise (AI-powered rehabilitation decision support), G/Interaqua (GIS infrastructure management), Aquaworks (operational management), and Aquaman (integrated asset and maintenance management). These products are complemented by professional services including non-revenue water reduction, infiltration control, infrastructure asset management, water safety plans, energy efficiency, hydraulic modelling, operations and maintenance, and water quality control services. The company operates primarily in Portugal and Brazil with additional presence in Philippines and Chile.

Differentiator

Problem solved

Functional benefit

Brands

• Flowise: Real-time analysis and monitoring software for water supply and wastewater networks.
• Flowise Corporate
• Meterwise
• Infrawise
• G/Interaqua
• Aquaworks
• Aquaman

Products and services

• Flowise Real-time analysis and monitoring software for water supply and wastewater networks that processes sensor data (pressure, flow, temperature, speed, precipitation) and generates alarms for leak detection and network anomalies by comparing against historical patterns. Sold to water utilities and municipal operators.
• Flowise Corporate Software platform for large water and energy consumers to monitor and analyse consumption patterns, identify anomalous situations such as leaks and equipment failures, and generate efficiency improvement recommendations based on telemetry data.
• Meterwise Integrated water meter management software that processes meter data, calculates measuring errors based on diameter, consumption, age, and brand, generates replacement plans with ROI calculations, and supports apparent loss reduction in supply networks.
• Infrawise Decision-making support software for rehabilitation of water supply and drainage systems using AI and machine learning. Processes performance, cost, risk, and criticality metrics at element, area, system, and global levels to prioritise rehabilitation investments. Deployed by the City of Sendai, Japan.
• G/Interaqua GIS solution for infrastructure management with data recovery and integration capabilities for water, sanitation, waste, and telecommunications networks, supporting cross-analysis with CRM, ERP, and operational management systems.
• Aquaworks Operational management solution for networks and infrastructures with web and mobile components, including work order management, georeferencing, GIS integration, and real-time service request handling.
• Aquaman Integrated asset and maintenance management software aligned with ISO 55000 and PAS 55 standards, covering work order lifecycle management, preventive maintenance, mobile service centres, and KPI production.
• Reduction of Non-Revenue Water Methodologies and services for reducing non-revenue water in water distribution systems, including network sectorisation, active leak detection, and meter management. Results evidenced include 8.8% NRW reduction (11.2 million m³/year) in two Chilean utilities and 2.4 million m³ reduction across 12 utilities.
• Reduction of Infiltration and Inflow Methodologies for reduction of infiltration and inflow in wastewater drainage systems to optimise environmental resources and improve the economic efficiency of water utilities, covering 14,265 km of network and 587,815 users across 14 utilities.
• Infrastructure Asset Management Strategic, tactical, and operational-level planning services for sustainable management of urban water system assets, including performance assessment and intervention management aligned with ISO 55000 practices.
• Water Safety Plans Methodologies for developing Water Safety Plans based on WHO and ERSAR approaches, enabling identification and prioritisation of hazards and risks throughout water supply systems. Implemented at 6 water utilities covering 256,399 users.
• Energy Efficiency Methodologies for rationalising energy costs and improving energy efficiency in water supply and wastewater drainage systems through diagnostics and operational optimisation. Delivered across 2 water utilities covering 5 treatment stations and 28 pumping stations.
• Hydraulic Modelling Training and implementation services for building and operating hydraulic simulation models to support decision-making in system planning, projects, and operation. Implemented at 17 water utilities covering 4,339 km of network.
• Operation and Maintenance of Water Infrastructures Comprehensive operation and management services for water cycle infrastructures including water transport, storage, treatment, and wastewater systems for both public and private clients. Covers 940+ facilities across 63 O&M contracts managing more than 2.5 million m³/year of water and 27.5 million m³/year of wastewater.
• Implementation of Maintenance Management Systems Implementation of methodologies and tools for managing equipment and infrastructure lifecycle, including maintenance plans, asset tracking, and performance indicator definition, supported by the Aquaman software platform.
• Consultancy and Development of Solutions Engineering consultancy and turnkey solution development for water systems including technical assistance, performance assessment, design, construction, and operation of treatment systems.
• Water Quality Control Methodologies and services for water quality control including laboratory management, Water Quality Control Plan (PCQA) implementation, and sample collection by certified technicians.

Quantifiable outcome

• Non-revenue water reduction of 8.8% in Chile, equivalent to 11.2 million m³/year recovered
• +7 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability5 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• LNEC (Laboratório Nacional de Engenharia Civil)coreStrategic or Co-development PartnerAGS collaborates with LNEC on multiple national research and development initiatives including IAFLUI (National Initiative for Control of Inappropriate Inflows), IPERDAS (National Initiative for Efficient Loss Control), iEQTA (Initiative in Energy, Quality and Water Treatment), AVALER+ (Evaluation of energy efficiency and sustainability of urban water services), and IGPI (National Initiative for Infrastructure Asset Management).
• IWA (International Water Association)coreStrategic or Co-development PartnerAGS actively participates in IWA conferences and working groups including the IWA World Water Congress, IWA Water Losses, IWA Digital Water Summit, and IWA Development Congress. The company has received IWA recognition through the 2014 Project Innovation Award and regularly publishes in IWA journals.
• AWARE-P ConsortiumcoreStrategic or Co-development PartnerAGS participated in the AWARE-P (Advanced Water Asset REhabilitation – Portugal) project, which developed methodologies for infrastructure asset management in water utilities. This participation contributed to AGS winning both the IWA 2014 Project Innovation Award and the International Mülheim Water Award 2014.

Scale indicators26 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Itron: Leading provider of smart water meters, AMI networks, and utility analytics software worldwide. Overlaps with AGS's Meterwise and Flowise capabilities and competes for utility software and metering budgets in the same geographic markets.
• Xylem: Global water technology company providing smart metering, network analytics, and utility software (including the former Sensus brand). Competes with AGS's Meterwise, Flowise, and Infrawise products in the digital water space, though Xylem is primarily a technology vendor rather than a concession operator.

Direct peers

• SAUR: French water utility operator serving municipal and industrial clients through concessions, PPPs, and service contracts across multiple countries. Closely matches AGS's B2B/B2G concession model and full water cycle scope, though predominantly active in Europe and Africa.
• Manila Water Company: Philippine water and wastewater utility operator serving Metro Manila's east zone and expanding internationally. AGS serves 9.85M people in the Philippines, making Manila Water a direct in-market competitor for concession contracts and operational excellence benchmarks.
• Aqualia (FCC Group): Spanish water utility operator serving over 26 million people in 18 countries through concessions, PPPs, and service contracts. Closely matches AGS's full water cycle scope, Spanish heritage, and emerging-market expansion strategy, with substantially larger scale.
• Acciona Agua: Spanish water utility operator with global concession footprint, technical services, and digital water solutions. Comparable to AGS in PPP/concession management, technological innovation, and Iberian heritage, with significant emerging-market exposure.

Regional players

• Aegea Saneamento: One of Brazil's largest private water and sanitation concession operators, controlled by Itaúsa. Operates in the same Brazilian market as AGS and competes for municipal concessions there, providing a direct regional comparable for AGS's Brazilian operations.

Broad incumbents

• Veolia Water Technologies & Solutions: Global water utility operator and technology provider with extensive concession management, O&M services, and digital water solutions. Directly comparable to AGS across concession operations, engineering consultancy, and software/commercial offerings, but with materially larger scale and broader service portfolio.
• Suez Water Technologies & Solutions: Major water and wastewater utility operator with global concession portfolio and digital water software offerings (e.g., Aquadvanced). Competes with AGS for municipal concessions and offers comparable asset management and NRW reduction services at greater scale.

Others

• Bentley Systems: Provider of infrastructure engineering software (OpenUtilities, WaterGEMS, AssetWise) for water and wastewater utilities. Comparable to AGS's G/Interaqua (GIS) and Infrawise (asset management) offerings, primarily as a software vendor rather than operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AGSWaterSolutions
• LinkedInlinkedin.com/company/ags

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AGS