Although cities have done a great job at adapting to increased demands on its road and water networks, population growth, aging infrastructures, and climate change have recently all converged to accelerate degradation of infrastructure quality.
Without adequate foresight, planning and resources to spark timely, proactive interventions, cities cannot fully avoid or minimize the risks of collapsing bridges, contaminated waters, daily watermain leaks, and underfunded roadways causing a repair backlog tallying up to hundreds of billions of dollars.
Furthermore, near-end-of-life infrastructures today; severe weather patterns and flooding due to climate change; as well pandemic-induced, supply chain disruptions, all require a more cohesive and resilient infrastructure planning.
Many cities are still playing catch-up to prioritize and synchronize the juxtaposition of latent-age and modern-city roadways, as well as drinking water, wastewater, and stormwater systems. As city modernization evolves to the pace of population growth, the intricate networks are bearing an ever-increasing usage load. Combined with climate-related factors, we are experiencing an accelerated degradation of already aging infrastructures.
In cities, proper asset management is vital. Software tools facilitate capital planning and operations/maintenance of infrastructures. However, for long-term decision-making processes, AIP solutions scope out profitable, evidence-based strategies for strategically directing asset investments.
In a world of aging assets with limited resources, the demand for AIP software is, in fact, accelerating. AIP solutions are helping cities navigate their resource constraints more proactively through data-driven analysis. They support decision-making for the long-term, resulting in asset-investment plans that balance risk/cost/performance to achieve resilience and sustainability.