Intelligent Infrastructure Management: New Solutions for a Connected World
Intelligent infrastructure management can improve decision-making through better insights
Proper intelligent infrastructure asset management can help organizations stretch maintenance and improvement budgets, maximize the value of existing investments, attract additional federal dollars and more. However, even the most competent public works and department of transportation officials are staggering under the sheer number of assets to be monitored and serviced.
Intelligent infrastructure management — that is, a system of sensors, platforms and applications that automatically collects, analyzes and reports on data — is revolutionizing the way government agencies manage physical assets.
By modernizing their asset management solution to leverage new data sources from connected devices, organizations can improve decision-making through better insights that support ongoing infrastructure maintenance and future investment planning initiatives. Moving forward, organizations can combine real-time data from physical assets and other sources to create powerful smart city solutions that go beyond traditional asset management practices.
Think street lights that brighten when a bicyclist’s mobile device indicates he or she is passing through an intersection. Or parking meters that help relieve traffic congestion by notifying motorists through their mobile device that a spot is available. The right intelligent infrastructure management solution and approach creates countless opportunities.
Traditional Infrastructure Management Challenges
Aging infrastructure, deferred maintenance and lagging investment have led to a decline in the condition of public infrastructure. In a recent assessment, the American Society of Civil Engineers (ASCE) gave U.S. infrastructure a D+ or “poor” rating.2 Whether they repair, replace or upgrade failing infrastructure, state and local governments are under pressure to optimize spending and allocate resources efficiently.
To receive full federal funding for core infrastructure investments, government organizations have to prove compliance and align with national performance goals that are part of regulations such as the Moving Ahead for Progress in the 21st Century Act (MAP-21), the Fixing America’s Surface Transportation (FAST) Act and others. To do so, organizations must provide a comprehensive, transparent picture of their infrastructure assets, including their location, their
value, the amount they are depreciating and more.
Download this report to learn more about best practices for launching an intelligent infrastructure initiative.