How technology is shaping the future of infrastructure
Key findings from the report.
- Technology is a deciding factor in new infrastructure projects: 97% of respondents say that the quality of technology and the level of its integration are increasingly decisive in new infrastructure project bids.
- Collaboration is coming: 53% of infrastructure firms surveyed, and 43% of tech firms, expect to enter into a joint venture with the other side in the next three years. Similarly, 53% of infrastructure firms and 45% of tech firms expect to enter into a private-public partnership that includes the other side over the same period.
- Technology is a major draw for investors in greenfield and brownfield Infratech projects: 98% of investors in greenfield sites say the inclusion of technology as part of a greenfield bid will make them more likely to support it in the next three years. Meanwhile, 96% of brownfield investors say, over the next three years, the presence of technology will make them more likely to invest in an infrastructure project.
SOURCE : pinsentmasons.com