Analysis of global best practices in asset management.
- RESPONSIBLE CONSUMPTION AND
PRODUCTION
Issue
Japan is facing an accelerating deterioration of its social infrastructure.
The social infrastructure intensively developed around the 1970s is expected to reach the end of its 50-year lifespan and undergo widespread aging over the next decade. According to a report by the Ministry of Land, Infrastructure, Transport, and Tourism, 18% of the 700,000 bridges nationwide had surpassed 50 years since construction as of 2013. This percentage is projected to rise to 43% in 10 years and 67% in 20 years. Amidst the government’s financial constraints, the efficient maintenance and management of social infrastructure have become indispensable.
Approach
Driving innovation by leveraging insights from global case studies to develop new business ventures.
We conducted research on advanced international case studies related to infrastructure asset management, focusing on roads, bridges, and water systems in the United States and the United Kingdom. The analysis covered five key points: (1) overview of operators, (2) initiatives by operators, (3) mechanisms of implemented solutions, (4) overview of vendors, and (5) the effects of implementation. Commonalities across these cases were identified.
As part of exploring new business opportunities, we provided insights to accelerate new business creation for an IT company that was considering cross-sectoral asset management initiatives in social infrastructure areas such as roads and water systems.