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…
Collaboration among infrastructure sector stakeholders and investors is essential for constructing better, more sustainable infrastructure. We can do remarkable things when we work across the whole lifecycle, boundaries, sectors, and borders. We can make better business decisions that result in better economic, social, and environmental results.
There has already been progress. It’s happening in some places already, but to allow us to do the scenario planning on our big complex systems, we need our transport systems connected with our housing systems, our energy systems, with our hospital and social care systems, so that we can truly make the decisions that we need to make.
With digital twin spending expected to reach $27.6 billion by 2040, it will be fascinating to see how the financial sector collaborates with the larger infrastructure community and solution providers to employ higher quality data and digital twins to increase investment returns, satisfy ESG targets, and build the sustainable future we all desire.
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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