INTERVIEW Aconex - Connected Cost
Australia when you look at the LNG ( liquified natural gas ) projects they ’ re spending around $ 50bn . We ’ re seeing increase in dollar value which is a proxy for complexity – the bigger the project , the riskier and more challenging it can be . If we continue to see business done the way it currently is , on spreadsheets , you ’ re only going to see a higher number of errors , cost overruns and increased political and regulatory backlash as a result of that ,” warns Barlow , who says Aconex is well placed to mitigate these risks . “ If these projects around the world grow in size and scope , it really is going to be a wake-up call to get the technology and processes right in order to avoid what could be very dangerous and politically significant failures .”
Barlow views the growth in capital projects in Asia ( Aconex is working on an $ 18.5bn project with the Hong Kong Airport Authority ), where the territory is “ nation building ”, as particularly exciting . “ When they build a smart city , it ’ s got to have airports , rail , roads , power , vertical buildings … You ’ re talking about building another London in five years , but London ’ s been 2,000 in the making . It ’ s a big market for us , but Europe and the US are thriving too with HS2 in the UK and existing infrastructures are being upgraded .”
14 December 2017