Tag: infrastructure
-
Revizto: Top 5 Challenges Slowing Global Infrastructure Projects
Global infrastructure projects continue to face major setbacks, with political instability, fragile supply chains, and outdated delivery models among the leading obstacles, according to new research involving leaders from projects such as Heathrow, JFK and Network Rail. The World Bank estimates nine in 10 projects face delays or cost overruns, while McKinsey calculates inefficiencies at…
-
PPP the foundation of a new infrastructure era: Ferrovial exec
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Ferrovial has staked its reputation on construction projects that keep cities running. The Amsterdam-headquartered civil engineering firm, which will help deliver New York’s $9.5 billion new Terminal One at JFK Airport, sees infrastructure as a durable sector.…
-
Sanibel Causeway Reconstruction: How Superior Construction Built Resilient Coastal Infrastructure
Three years ago I sat at my desk and saw the photos and videos posted online in the aftermath of hurricane Ian. I felt a catch in my throat as I saw what happened to the small community just off the coast of Fort Myers, Florida. You see, I grew up in the state of…
-
Prepare your accounting infrastructure for what’s next: lean financial operations
According to AGC’s 2024 Construction Hiring and Business Outlook report, many contractors anticipate robust growth this year. That could mean more bids, bigger projects, and increased demand for your services. But a hidden barrier, rooted in outdated accounting practices, could prevent you from capitalizing on this trend. Outdated systems are a strategic liability. Manual processes,…
-
How one firm uses digital twins to develop large transportation infrastructure projects
Digital twins’ use in construction management goes back about a decade, but project leaders might not realize the many roles they can play. Bibhuti Aryal, Bentley Systems senior director of transportation, described in an interview with Smart Cities Dive how his infrastructure engineering software company has used them in big transportation infrastructure projects to help…
-
Skills gap threatens delivery of water reuse infrastructure
A new report on water reuse in the UK is calling for urgent action to equip a skilled workforce that can ensure safety, build public trust and help tackle water scarcity challenges. The report, Bridging the skills gap for water reuse in the UK, follows the Independent Water Commission’s review recommending regulatory action to drive the…
-
How should the infrastructure pipeline tool be developed?
The CLC said: “The next steps proposed are not about adding burdens, but about maturing the pipeline into a market-shaping tool, less politicised, more data-driven, and easier to use. By implementing these recommendations, government can restore market confidence, support better delivery outcomes, and embed a pipeline system that underpins a more resilient, innovative, and high-performing…
-
AI could cut disaster infrastructure losses by 15%, new research finds
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: AI applications such as predictive maintenance and digital twins could prevent 15% of projected natural disaster losses to power grids, water systems and transportation infrastructure, amounting to $70 billion in savings worldwide by 2050, according…
-
New Report Reveals Construction’s Digital Gap Could Derail $4T AI Infrastructure Market
Construction firms still relying on spreadsheets and PDFs risk becoming the bottleneck in meeting explosive AI-driven infrastructure demand, according to new industry research. As tech giants prepare to spend over $300 billion this year on data centers and computing power, a new report from Revizto warns that outdated project management tools could derail the global…
-
New Report Reveals Construction’s Digital Gap Could Derail $4T AI Infrastructure Market
Construction firms still relying on spreadsheets and PDFs risk becoming the bottleneck in meeting explosive AI-driven infrastructure demand, according to new industry research. As tech giants prepare to spend over $300 billion this year on data centers and computing power, a new report from Revizto warns that outdated project management tools could derail the global…