The future is here …
Our communities, cities, regions and nations need to become smarter and more innovative with existing resources and assets. Infrastructure investment, intelligent planning and robust policies are critical to achieving sustainability. In the short-term, smart technology has been identified as an effective measure to preserve existing assets and improve efficiency. In the longer-term, it substantially improves service delivery standards and decreases the need for investment in maintenance.
Construction of new infrastructure will become more easy for governments to finance following the elimination of capital and resource-intensive methods. By applying smart solutions on new asset construction and renewal projects, substantially reduces costs and risks, whilst improving efficiency.
These Smart technologies materially improve the resilience of, and reduce the downstream maintenance costs for road-side and urban infrastructure assets, improving service performance through relatively low cost capital works that augments existing infrastructure.
1 Improving the standard and delivery of critical services
2 Reducing capital and maintenance expenditure
3 Improving effectiveness of existing infrastructure
4 Improving resilience of existing infrastructure
5 Improving the financial sustainability of maintenance activities
6 Improving the environmental sustainability of maintenance
Improving the standard and delivery of critical services
Using Smart technologies substantially improves the ability of state and local government authorities to maintain our roads and streetscapes efficiently, at a fraction of the cost of current methods. By implementing these Smart preventative techniques, the money usually spent on maintenance can be spent on further improvements, so instead of gradually declining, these Smart developments grow increasingly efficient.
Improving effectiveness of existing infrastructure
Instead of being static, infrastructure becomes dynamic, able to be transformed at a moment’s notice for events, maintenance, upgrades, or simply to meet changing needs throughout the day, week or decade.
Improving resilience of existing infrastructure
Instead of static items (subject to constant decay) infrastructure becomes impact resistant, removable, re-usable and even re-locatable.
Improving the financial sustainability of maintenance activities
The only cost for maintenance is labour.
Budgeting for installing and maintaining infrastructure using current methods is complicated by the large range of variables involved. Using these repetitive methods, it is almost impossible to determine future infrastructure maintenance requirements and damaging an underground cable can ruin any well-planned construction budget. Studies show that the problem with construction cost overruns is part of a worldwide phenomenon, with a whopping 90% of projects going over budget.
The problem can be attributed to circumstances such as late changes to specifications, unexpected price increases, complex site conditions, contractor problems, workplace injury, damage to underground services, poor communication between departments, harsh weather, or delays caused by work stoppages. The solution to this problem is to create conditions so that on-time and on-budget project delivery becomes the norm. Smart Infrastructure eradicates the variables, enabling projects to be completed on-time, on-budget every time.
Improving the environmental sustainability of maintenance
Globally, governments are struggling to get more from their infrastructure investment with competing demands for scarce resources growing rapidly. Resource management and efficiency are key tenets of environment protection policy. Smart Infrastructure eradicates the need for on-going consumption of carbon intensive resources and the resulting carbon intensive landfill, protecting the development from damage and substantially reducing the environmental impact of maintenance activities