Our Work in Social Infrastructure
Reducing risk through proactive monitoring
Managing Infrastructure Risk
Large infrastructure projects suffer from significant under management of risk throughout the life cycle of a project, as the management of risk isn’t properly accounted for in their planning. However, major infrastructure projects have a history of problem such as cost overruns, delays, failed procurement, or unavailability of private financing.
Many of the problems occur due to a lack of forward-looking risk management. It is expected that s direct value losses due to undermanagement of risks for today’s pipeline of large-scale projects may exceed US$ 1.5 trillion in the next five years, not to mention the loss in GDP growth, as well as reputational and societal effects.
Using Satellite Imagery, Risk owners can make commercial or engineering decisions in projects that is spread in a large area, where traditional means of GIS and on ground mapping is expensive. Highly conservative engineering projects are now using Decision Intelligence tools developed form satellite imagery to better manage the lifecycle of the project.
Satellite imaging and remote sensing is now becoming very common in any kind of Social Infrastructure projects such as bridges, canals, dams,
earthworks, power plant, water works etc., to provide an accurate, economical and expeditious means of acquiring a rapid assessment.