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e medium term,” said Wyant. “Our expectations are high for some reasons. One of
which is the emerging middle class, so there are more opportunities for food safety.”上海千花坊
Ecolab, a $15 billion company in a $125 billion market, has a market share of around 11-12 percent globally.
上海千花坊”We see enormous opportunities here in China along with the underlying economic and so
cietal trends, such as the emerging of the middle class, water scarcity issues and the aging population, an
d our business is in line with the government’s commitment toward a more healthy and beautiful China. The m上海千花坊品茶微信
arket is huge and we are a good fit and well-placed to grasp the opportunities here,” said Wyant.
According to her, the company has to focus to succeed in China.
“It’s a massive country. It’s rife with opportunities, and it’s got a very aggressive and vibrant customer set, but also a co上海千花坊
mpetitive set. That’s why we say we really focus on three big opportunity areas where we think we bring ad
上海千花坊vantages that match China’s economic opportunities and its vision for society,” she added.
The first is food service, a market that is estimated to exceed 4 trillion y
uan, making it the second largest in the world. The annual revenue of the food service an上海千花坊品茶微信
d hospitality market has grown at double digits, providing a big opportunity for Ecolab.
上海千花坊And the second is around water management. This is where Ecolab brings things like the total water management capability.
“In China, we’re looking at the end use of water. And we’re leveraging out digital technologies like our 3D TRASARTM platf
orm, where we bring digitally connected devices into industrial cooling, boiler environments, and can reduce wa上海千花坊品茶微信
ter usage by up to 30 percent. Besides, we’re also introducing international standards on water management into the C
hina market, in a bid to upgrade the framework and bring corporate water management to the next level,” said Wyant.上海千花坊品茶微信
Ecolab and its client Nestlé are frontrunners on this, from setting
up a systematic water management approach for protecting the Taihu basin to ac
hieving the AWS (Alliance for Water Stewardship) standard certification in 15 drinking water factories.
The last focused area, according to Wyant, is healthcare. The comp
any is in talks with some of the leading hospitals on better managing infectious diseases.
“China is the best place to learn how to be agile, how to be fast, how to be m
arket focused, so we think we bring global know-how, global innovation with the w
illingness to invest in local Chinese capabilities and stay relevant,” said Wyant.