Early adopters of smart infrastructure — sensors, the Internet of Things, machine learning and cloud integration — have been select cities and urban areas, but the trend is now reaching a global scale that includes all types of communities and is becoming a highly attractive opportunity for private capital as a result. Real assets private capital advisory firm Hodes Weill & Associates is publishing a report on this trend, Building Back Better, and Smarter: How private capital can help unlock the Smart Infrastructure opportunity, that outlines the growth of these investments and the opportunities for private investors.
The report notes the confluence of three 21st century realities driving the opportunity — (1) a critical need to refurbish and replace key socioeconomic infrastructure assets and the shortfall of readily available public funding to accomplish it; (2) the rise of technological innovation across all sectors; and (3) the growing recognition of ho