Powering infrastructure projects with data
Rethinking data as a key asset in infrastructure development will help reduce wastage, build capabilities and drive long-term growth.
THE world is facing two big shifts from this decade into the next. The first is the advent of technology and the digital revolution sweeping across industries and economies. The second is the push to build or renew existing infrastructure for catering to growing urbanisation and connectivity needs.
The confluence of these two trends is that more industries and governments need to consider changing consumer expectations and the impact of disruptive digital technologies when building new infrastructure.
On its part, the infrastructure sector needs to consider this rapidly evolving convergence into their plans and governments too need to accelerate their policy agenda to effectively support digitalisation in the sector.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access