Noticing $ 114 billion in 2012

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Noticing $ 114 billion in 2012

Posted by Rick Huijbregts on Jan 20, 2012 7:08:19 AM

This year, the impressive collection of Canada’s top 100 infrastructure projects total an astounding $ 114 billion investment (18% more than last year !). Only five years ago, a list as impressive as this one would have gone unnoticed by companies in the IT industry. Our industry would have simply dismissed it as just concrete, big cranes, and increased traffic congestion.

 

On the flip side, the companies that are involved in the large projects would have not given IT much thought either. Traditionally, the IT components in construction would have been as low as 0.25% (civil) to as high as 3% (commercial) – probably not more than $ 400 million of the $ 114 billion investment. IT would have been a rounding error and afterthought.

 

Times have changed. IT is increasingly becoming required and even mission critical for the development of future infrastructure projects. The driving force will come from a need for connectivity; connected lighting controls and HVAC in buildings; transportation systems (e.g. automated toll systems); sensors; wireless devices in vehicles and on persons, and so forth. Everything is becoming connected and interdependent. The underlying networks will need to be build or updated to support the massive increase of traffic (bits and bytes) and activity (transactions).

 

Additionally, the required compute power for the “analytics” that is giving us the ability to optimize the performance of our infrastructure (utilization, economics, energy) is calling for data centers and the secure availability of the cloud.

 

Not long from now, I suspect that we will find some of the largest IT infrastructure projects rank in the top 100 as provinces, municipalities, and businesses will need to develop this mission critical infrastructure. IT will be more than a rounding error, and become like concrete as the foundation for a smart and connected world.

1,219 Views Tags: networks, transformation, cities, change, infrastructure, communities, connected, smart_cities, smart_connected_communities
Feb 6, 2012 5:37 PM Rachel Medanic  says:

Thanks Rick! Among that list of 100 are two of our newest pages here in the community:

 

The Surrey Memorial Hospital page and the New Oakville Hospital page. While not on the top 100 infrastructure projects list, our third newest page is also an educational project for George Brown College in Toronto.

 

I encourage the community to visit the pages and follow the Twitter and Facebook updates for these very exciting projects in Canada!

 

Rachel Medanic, Community Manager

Smart+Connected Communities Institute