Infrastructure Digital Twins Protect Against Climate Change and Rising Sea Levels
Singapore is the first government to build a country-wide digital twin.
Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins
By Steve Cockerell, Industry Marketing Director, Rail & Transit, Bentley Systems
Discussing the findings of CDBB’s most recent whitepaper ‘How finance and digital twins can shape a better future for the planet’ in the May 25 episode of ‘The Engineers Collective’, former executive director of CDBB Alexandra Bolton commented that in order to meet our biggest challenges “adoption of the Gemini Principles, ensuring data is open and shared in a secure and resilient fashion, and collaboration, was absolutely vital, as none of us either individually or as our organizations can do this alone, we need to collaborate to make this work.”
Bolton continued, “Think about data as an asset that becomes more valuable when its shared and think about data not just from your new assets that you might be building, but from existing assets, and think about that data across the whole lifecycle, across sectors, and across boundaries.”
If this sounds like a step too far, an impossible dream, consider Singapore, which just became the first government to build a country-wide digital twin. Open data, connected systems, and technology will aid in the building of more sustainable, resilient, and smart communities, as well as in the deployment of renewable energy and protection against climate change and rising sea levels.
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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We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables engineers, owner-operators, and governments to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.
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