Earlier this month, our Business Development Executive Martine Skaret had the pleasure to speak with Adrian Talbot, Head of Centre of Excellence for Mobility at Ferrovial, about the importance of digital technologies in addressing challenges posed by Covid-19 and beyond.
Ferrovial is a global infrastructure mobility services group, known as the major shareholder at Heathrow and AGS Airports. Ferrovial has long invested in innovation and digitisation, which was particularly beneficial to quickly adapting to the disruptive circumstances caused by Covid-19.
If you would like to watch the interview, please follow this link.
Innovation as key: adjust business models and reimagine existing technologies
A challenge for businesses and beyond is to identify which Covid-19 induced changes will be temporary and which will cause a permanent transformation. What we can see is a shift in evaluation of our approaches. Previously rather short-term cost-centered analysis are reviewed through considering more long-term strategies which promote business resilience, continuity and flexibility to better prepare for potential similar disruptions.
As we have seen in the recent months, innovative thinking and quick response are important components to navigating such a crisis. Businesses have to adjust their business models and investment plans for innovations to navigate both current challenges as well as potential future ones of equal impact. Although new technologies may emerge out of this period, Adrian Talbot emphasises an increase of innovative uses and repurposing of already existing technologies as well as the need to reimagine and amend business models.
Facilitate collaboration of public and private
The adjustment of business models also necessitates a more open and flexible approach to partnerships according to Adrian. He would like to see greater flexibility in regulation and procurement to simplify the collaborations between the public sector and private companies to better address the needs of both citizens and customers. Currently, there is still a task to achieve the right balance between responding to customers’ requests and the implementation and long timeframe for delivery, particularly for large-scale projects.
Flo.w technology to succeed with increasingly complex transport systems
With exponential growth of data, Adrian Talbot states that analytics and visualization tools such as Flo.w are of great importance in understanding the increasingly complex nature of transport movement systems in real-time. Emu Analytics’ software Flo.w, employed at Heathrow Airport, permits its users to anticipate and determine disruptions and impact through analysing and translating vast amounts of real-time data into comprehensive and actionable insight. In times where coordination, flexibility, resilience requirements increase, Flo.w is not only central in closing the gap between information provision, decision making and following action. Flo.w also inform to make the right decisions at the right time and help to plan strategies with the relevant insight.
If you are interested in finding out how Emu software can help you in addressing your business challenges, may it be in adjusting your business model or the need for innovative data-driven technology, do not hesitate to message us via firstname.lastname@example.org.