Tracking Infrastructure

The High Stakes of Infrastructure: DOTs

Posted by Jeff Pollock

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Oct 21, 2017 5:03:50 PM

 

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A future of crumbling roads and bridges, trillions of dollars in investment needs, a national economy that requires modern infrastructure to remain competitive globally and the inevitable transition to 'Smart Cities'.  These are all factors that create the highest stakes confronting federal, state and municipal departments of transportation (DOTs) since World War II. 

This is the first in a series of blog posts in which we address the opportunities and potential pitfalls faced by each party in the infrastructure value chain as a result of the unique circumstances in place today. We start at the top of the chain with the project owners: DOTs.

Because infrastructure is critical to national competitive advantage, the stakes for DOTs are stark:

DOTs will set the table for the next stage of US long-term growth or they will be responsible for its decline.

Wow, right? But consider:

On the other hand:

Opportunities such as these (and the cost of failure) compel DOTs to find a way.  In a 2016 report called Smart Infrastructure Unlocks Equity and Prosperity for Our Cities and Towns, the non-partisan Smart Cities Council offers 5 suggestions for rethinking business as usual to unlock this potential:

  1. Develop the capacity to innovate –unlock innovation
  2. Aggregate demand – unlock legal boundaries
  3. Streamline procurement – unlock antiquated approaches that hamper efficiency
  4. Embrace new financing models – unlock municipal financing barriers
  5. Benchmark results – unlock the limitations of one-dimensional metrics

DOTs will be well served by embracing these as they lead in the high stakes infrastructure challenge facing us today. Fortunately, many are doing so and the Federal Highway Administration is encouraging this under Every Day Counts, an initiative which provides financial support for exploring innovative practices. We at Idencia are proud to be working with MassDOT on one of these.


About Idencia

Our purpose at Idencia is to offer precast RFID tracking solutions that improve productivity throughout the value chain. Our subscription offering applies to products from the time of manufacture through end-of-life. As a cloud-hosted product tracking system that is seamless between manufacturers, contractors and asset managers, Idencia adds information value to all, eliminates redundancy and saves time. If you would like to learn more, click below.

 

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Topics: Smart Infrastructure, Market Insights

About this blog

Tracking Infrastructure is a blog about innovation in the manufacture, construction and management of infrastructure.

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