Arcadis has been awarded a five-year Enterprise Decision Analytics (EDA) contract with Infrastructure Ontario. The agreement with the company, a global design and consultancy organization for natural and built assets, includes analytics software as well as mobile data collection.
The Crown agency, which supports the province’s initiatives to modernize and maximize the value of public infrastructure and real estate, will use the technology to help unlock efficiencies and make qualitative data-driven decisions.
The project is due to commence this month and will be supported by Arcadis and its partner Conectado Solutions Inc. In preparation, Infrastructure Ontario actively sought to refresh its technologies to manage growth and the associated complexities in decision-making. Arcadis says the new tools will enable IO to maximize the value of its data by collecting condition assessment data from across its entire portfolio, facilitating the agency’s efforts to improve asset performance while optimizing its capital asset management decision-making processes.
“Increasingly our clients are looking to build efficiencies and improve the performance of their asset portfolios in locations all around the world. Data is crucial, and by working with our clients to embed digitally enabled tools and products like EDA, we can enable more informed decision-making to help maximize value across the entire asset lifecycle. EDA is already successfully being used by clients in the USA, Canada, UK, the Netherlands and Australia, and I’m pleased that we can now bring this innovative solution to Infrastructure Ontario to support their asset management goals,” said Alan Brookes, CEO, Arcadis.
“Arcadis’ EDA solution is an asset investment planning platform that empowers asset-intensive organizations like IO to enhance the understanding of their portfolios, enabling optimal, data-driven decision-making. The aim is to balance and prioritize complex factors for the best possible investment plans. The system we’re deploying for IO will help them achieve their expanding strategic capital asset management objectives in a timely and effective manner, while supporting the development of key reporting and management plans,” said Rob Corazzola, global sales director, Enterprise Decision Analytics at Arcadis.
Featured image: The Ontario Line’s future Exhibition Station. (Metrolinx)
