Australian organisations are invited to enter an international competition designed to disrupt the infrastructure industry through new digitally-driven solutions.
The InfraChallenge is looking for big ideas that will drive digital transformation in a sector that has not been widely disrupted by digitisation.
The competition is calling for digital innovations that can be applied to solve economic or social infrastructure issues and build momentum towards better infrastructure – such as how cities can embrace smart technology solutions to improve quality of life, managing environmental risks with Artificial Intelligence and the potential for digitisation to improve electricity networks.
The winning entry team will receive support from InfraChallenge partners MIT Solve, an initiative of the Massachusetts Institute of Technology (MIT), to scale their digital solution including funding to the value of AUD$50,000 to develop their solution to the next stage.
Marie Lam-Frendo, CEO of the Global Infrastructure Hub said, “With global megatrends like urbanisation, population growth, the impacts of climate change and digitisation, the time is ripe for infrastructure to be disrupted. Infrastructure is a critical component of economic and social growth and plays a vital role in the quality of life across the world.”
“We’re excited to announce this global competition that will create real and scalable solutions and drive change for the infrastructure industry. We’re looking for teams to apply who are experiencing issues, perhaps in their community, and who think they have a digital-driven idea that can solve them,” Lam-Frendo said.
“Whether it’s how 5G or the Internet of Things will fundamentally change how we live in our cities, or the greater availability of data and big data analytics for informed decision making, InfraChallenge is about unlocking digital ideas, solving big infrastructure issues, and bringing disruption to the industry to better prepare us for the future.”
The competition is open to all sectors anywhere. Entries can be made on the Global Infrastructure Hub website and will close on 24 February 2020, with a winner chosen in June 2020.