Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins
By Steve Cockerell, Industry Marketing Director, Rail & Transit, Bentley Systems
Continuing from the previous post about Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins…
Collaborating across the information value chain
There is also a significant opportunity to use digital twins to help the investment community with key challenges such as capital allocation, risk screening and management, asset value enhancement through improved performance and reliability, and compliance with environmental, social, and governance (ESG) requirements.
ESG loans have become increasingly widespread, and new professions in the financial sector are being formed to focus on ESG-related investments. My colleague, Mark Coates, International Director of Public Policy and Advocacy at Bentley Systems recently published a white paper that looked at ‘The Power of Data for Long-Lasting Change’ (direct download of white paper available here) in which he highlighted that in February 2020, Great Portland Estates signed a GBP 450 million, ESG-linked, revolving credit facility with a group of five banks, as part of its plans to become net-zero by 2030.
The basics of the information value chain must be applied to harness this potential. The financial community can assist in using data insights to tackle their most pressing challenges by engaging with the entire sector to build realistic use cases. The infrastructure industry must contribute by approaching this debate with openness and flexibility. They must also understand that investors create returns on investment in several ways, through various asset types and at various phases of the infrastructure lifecycle. Some of their use cases will overlap with those established before for supply chain enterprises or operators, while others will not.
We must first improve the quality of dialogue between investors and other stakeholders in the infrastructure sector, reimagine the information value chain from an investor’s perspective, investigate how investors can expand their leadership role, and share some use cases that investors are currently pursuing. There are three critical phases to doing this: First the infrastructure industry needs to recognize the many different infrastructure investors and what this entails for the various ways in which they might profit from digital twins. Second, recognize how investors classify infrastructure. And third, connect digital twin use cases to various investing strategies.
More in the next post about Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins…
This article was republished with prior written permission from Bentley Systems.
(Source: Cockerell, Steve. “Here’s Why Investors Are Starting to Pay Attention to Infrastructure Digital Twins.” Bentley Blog, Bentley Systems, 6 Sept. 2022, https://blog.bentley.com/heres-why-investors-are-starting-to-pay-attention-to-infrastructure-digital-twins/.)
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Bentley Systems (NASDAQ: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure — sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals and organizations of every size for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
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