Siemens study identifies infrastructure transformation priorities

According to Siemens Smart Infrastructure's study, "A New Space Race," global infrastructures will need to become even more adaptable and climate-neutral in the coming years. The report sheds light on changing priorities post-pandemic. Without digitization, for example, no decarbonized energy transition will be possible in the next few years.

Decarbonization
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According to a new market study by Siemens Smart Infrastructure called "A New Space Race," infrastructure players worldwide are aware that the challenges for energy systems and building infrastructures could not be met without digitization. According to the report, the number of companies that have set CO reduction targets has increased significantly. Most respondents are optimistic about these goals: at 94 percent, almost all expect their organization to be carbon neutral by 2030. Sixty-seven percent of energy infrastructure stakeholders say carbon neutrality is not possible without digitization, and that AI-powered forecasting and automation will have the greatest impact on infrastructure assets, projects and investments over the next five years.

However, the majority of infrastructure managers surveyed (63 percent) believe that the digitization of buildings and power grids lags behind digital progress in other industries. Only 31 percent of respondents said they are making full use of the data available to them. Almost half have so far left the data potential completely untapped. For many of those surveyed, adaptability is the most important factor when planning new buildings or facilities.

The full report, "A New Space Race," based on 500 executive interviews, can be found at here (in English).

Source: Siemens

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