The movement toward 'smart cities' has developed momentum in the past few years as forward-looking city planners recognize that connected devices can provide value and create efficiency that was not possible previously. This will quickly become a driver for the construction of 'smart infrastructure' that collects the data. Of course, it will not only be cities that become 'smart'; states, regions and nations will all need smart infrastructure in order to take full advantage of the potential of connected devices... the Internet of Things (IoT).
This is the second of a 3-part series that discusses how the evolution of technology will affect the infrastructure product manufacturing industry. In the first post we discussed why the construction industry will embrace IoT. In this we discuss the role that smart infrastructure products will play in the future of infrastructure. In the third, we provide our vision for how technology will enable the reinvention of construction manufacturing in response to new, vertically integrated mega-firms.