This is Part I of a three-part series on infrastructure and technology. Parts II and III will publish in the October and November issues of i3, respectively.
As we look to the future, new technological advancements, from green energy to driverless vehicles, promise to impact and benefit our lives. In the world of infrastructure, we have already seen how innovations such as 3D modeling and drone imagery are helping to design and maintain assets, but with technology developing at an ever-increasing rate, could this actually pose an issue for investors?
Infrastructure investment is a long-term commitment, with assets offering a lifespan of 50 years or more, and in the current fast-paced environment, it can be difficult to predict the landscape from one decade to the next. Yes, there is the promise of automation, artificial intelligence (AI), and even smart cities and connected infrastructure, with many interested parties, from established tech companies