Digital The Key For Smart Investment In Public Infrastructure For New Zealand Cities
Major public infrastructure projects can better manage
risks of cost overruns and delays if they deploy data and
digital tools at the earliest planning stages. That’s
according to a new report published by global consultancy
Accenture.
The report, Public
infrastructure: a once-in-a-generation opportunity,
found investments in digital technologies delivered 6.7
times higher ROI compared to other investments. However,
nearly two-thirds of infrastructure leaders haven’t
deployed new technologies in the last three
years.
With annual infrastructure spend set
to reach $11.2 billion in 2026, Accenture believes New
Zealand is at a critical moment for it to future proof its
infrastructure investment through smart application of
digital technologies.
“Traditionally,
we’ve been slower to adopt technology solutions that could
help us plan investments in New Zealand. That means projects
are at greater risk of taking too long to complete and
costing more than budgeted,” Paul Hearnden, Managing
Director at Accenture New Zealand
said.
“The nation is on the brink of some
of the largest investment in public infrastructure in its
history. We need to make sure that we spend it well and
embrace, and reimagine, the role of data and
digital.
“The right data can improve
project oversight, contract management and citizen
experience. Digital solutions can enhance safety, optimise
project schedules, enable transparent supply chains and
provide insight into the sustainable performance of
infrastructure throughout the lifespan of the
project.”
According to the World Economic
Forum, by 2040 the world will face a US$15 trillion gap
between the funds required to provide adequate global public
infrastructure and the amount being invested. In New
Zealand, economists estimate that decades of under-spending
has left New Zealand with a $75 billion infrastructure
deficit, approximately one quarter of annual
GDP.
Mr Hearnden said that both public and
private sector organisations should consider how they can
partner with others to build technology and data into
infrastructure investment from the
beginning.
“One example of a technology
innovator is Reveal, New Zealand’s leading experts on
subsurface utility mapping and scanning. Based in
Wellington, Reveal is creating an innovative new digital
platform to make subsurface data more accessible and
affordable for everyone.
“Reveal’s recent partnership with Wellington City Council is one example that we have been following which shows the kind of innovation needed to get greater returns from infrastructure investment.
“The project’s team partnered with Reveal to overcome one of the most common challenges with managing underground infrastructure and utilities – not knowing what you’re going to find when you start digging. Reveal used its unique system to proactively map and visualise Wellington’s underground, which includes everything from power to gas and all-important water pipes
“This platform allows Wellington City Council to navigate underground infrastructure investment more efficiently and plan for the future based on up-to-date, accurate data. Instead of digging and hoping, contractors can plan repairs and maintenance with a clear picture of what’s beneath their feet. There’s fewer stoppages and delays, meaning that the project is more likely to be finished on-time and on-budget
“This partnership is
just one example of the way that organisations should be
working to make sure that we get the most out of
infrastructure investment. Integrating technology solutions
early in the planning process leads to better outcomes –
we’ve been watching Reveal prove the benefits of smart
planning and innovative uses of technology as their profile
grows,” he said.
Sam Wiffen, CEO and
Managing Director of Reveal said the Wellington digital twin
is the largest and most detailed proactive subsurface
mapping ever undertaken in
Australasia.
“We know more about what's
under the streets of Wellington than anybody does about any
other city in the world.
"Reveal has
modified existing ground-mapping radar technologies so we
can gather data much quicker and more efficiently. We've
been able to map inner-city Wellington, including the CBD
and Golden Mile, in a matter of months, and in the process,
we've discovered a huge number of anomalies and unknown
utilities that weren't present on any existing
plans.
"Having an accurate and comprehensive
understanding of the region's underground utilities will
help Wellington City Council reap massive cost savings over
the coming years as Wellington seeks to improve its
transport network and create a more liveable city. It also
enables the Council to engage in proactive planning for the
future to meet their housing, resilience and sustainability
goals.
"We see digital twin technology as a
critical infrastructure tool for local government and
utility owners worldwide. Industry players need to look at
their digital infrastructure projects together with their
physical
infrastructure."