Episode 34, A Two-City Road to Connectivity
On this episode, Peggy Smedley builds up Virginia as she looks at an entire region—the Hampton Roads Region. Multiple municipalities are part of the regional broadband steering committee, and she narrows in on two in this episode—Portsmouth, Va., and Virginia Beach, Va. She talks about how they are heavily involved in deploying a next-generation network.
By 2050, the UN (United Nations) estimates 68% of the world’s population will live in urban areas, meaning an additional 2.5 billion people will rely on the infrastructure of the world’s largest cities. But roads, bridges, and electrical grids aren’t the only types of infrastructure we need in order to accommodate the influx of people living in our cities.
Construction professionals recognize the skilled labor shortage is causing a ripple effect that is impacting every single business across the country. The good news; however, is that technology can help in a big way, especially if implemented at the right time within the right company.
The Peggy Smedley Show
Peggy and Claire Rutkowski, CIO, Bentley Systems, talk about our infrastructure. She explains that we are absolutely failing with our infrastructure and there are a number of reasons including a funding a gap. She says there are offsetting savings. For instance, repairing our roads can save drivers money. She adds that while funding is the most important, private investors have assets under management. Infrastructure projects, in theory, should be good, stable investments. bentley.com
Peggy chats with Kristina Swallow, president, American Society of Civil Engineers, about our nation’s infrastructure and its grade of a D+. Swallow explains that the ASCE sees three solutions that can help solve this: investment, leadership, and planning for the future. She says it has also identified that between now and 2025 in order to bring the grade to a B, it would require $4.6 trillion—and we are currently spending $2.6 trillion. She suggests public-private partnerships are one piece of the puzzle, but ultimately it is user fees. asce.org