With the massive governmental demonstration of a strong desire to invest in the economic growth and as a way to hold back the rising tide of populism, there is much to be excited about in the coming future of Infrastructure market. There are ample amount of opportunities for the existing and emerging construction firms to combat the uncertainty and confusion, unlike the past few years. Also, ways are emanating to enter a quest for approaching rapid innovations for unleashing a new era of sustainable infrastructure. A new dawn is about to rise.
Let us see whether emerging technological trends gives us prodigious progress or fractures our society furthermore, existing politics could lead to productive inventiveness or become more putrid & isolating, pricing systems would release massive profitable investments or beggar the pauper & enrich the prince.
The megatrends transforming our planet such as expeditious globalization, climate refashions, changes in comprehensive economic power, demographic shifts, and technological advancements can cause assets to lose relevance quickly, with the possibility of existing technologies in areas like power generation becoming obsolete. As questions are raised over whether the costs of creating a ‘green & sustainable’ future are reasonable, a large number of folks are asking whether emerging markets – rather than following the progression given by developed and dependable markets might go straight to renewables like solar power, wind energy and so on.
Also, owing to such a scenario the thought of being green and sustainable which matches Ramky’s goals would prove to be a better option for the infrastructure sector. This year we also hope to see a greater confluence between utilization of natural energy and technology, which will be an emerging realm to expand surplus in the infrastructure business. The government has consistently increased public expenditure on infrastructure in order to reduce the problem of unemployment and provide renewed impetus to economic & social growth which increases our chances to augment our business in a preferable way.
Ramky Infrastructure Ltd., the bellwether infrastructure producing arm of billion-dollar Ramky group aims at building world-class infrastructure and environmental management through sustainable development. Ramky Infra ensures Quality, Timely and Budgetary deliverances through continuously upgrading technologies, innovation and integrity Thus, enhancing the values of its stakeholders. Our Overseas projects spread in Singapore, and Gabon (West Africa). Our Business operates mainly in three sectors namely EPC Business, Developer Business, and International Business.
For the Infrastructure Market, 2018 will a mixed year of traditional and transformational changes. These changes can be majorly divided into three brackets namely strategic, tactical and organizational. We expect these changes to impact infrastructure market for its benefits in increasing the work rate and reducing the man-hours. The strategic changes will include usage up of cloud-based resources than traditionally opting the data centers or rapid provision network services through APIs which will enhance the ability to monitor, manage and distribute workloads dynamically. Most recent surveys have shown that more than 25 percent of the IT spend comes from the Non-IT Business Units rather than traditional IT, which is going to increase fairly in the coming future. The meaning of Informational Technology has changed from providing technically savvy business processes to the implementation of new ideas/thoughts quickly or entering and adapting to new/emerging markets as dexterously as possible. Organizationally, there is a need to manage remote assets centrally which will be the main focus of the infra sector. With the advent of technological developments, some new positions in the infra companies will be generated of which first and foremost would be IT cloud broker, people responsible for management of cloud service providers, Internet of things architects who will be dealing with impacts of IOT on data centers, integration experts who would work on edge computing and so on.
Another challenge that the infra market is experiencing from past few years is the continuous threat of security attacks. This threat is expected to broaden. The forecast suggests government, as well as non-government bodies, sharpen their focus on cybersecurity. New asset management techniques and strategically improved standards are strongly recommended. Entering into the digital era would not be a cake walk but it would be way easy if Security protocols are followed. The tech sector must address security issues and concerns. The government should be the leading authority to ensure security norms are followed. Considering Global physical threats involving Natural calamities, the past few years have been a witness of severe destruction with extreme weather conditions, fire events that threatened lives and created disruption and outrages around the world. In the coming future, we expect the infra security & resilience concerns to rise up the agenda and upgrade in existing security of the pedestrians. Additional budget, effort, and planning will play a key role in the same.
We at Ramky Infrastructure Ltd. believe in sustainable development and our network of more than 2000+ experienced professionals are working shoulder to shoulder to meet the mission of Quality, Timely and Budgetary deliverance. Our clients’ trust in our innovative and new methodologies as every project of Ramky is unique which has been a proven fact. Ramky Infra in coming future would like to continue the journey of being an established name in all the sectors including buildings & Bridges, Water & Waste Water, Power, Water Resources, Transportation and Industrial Constructions
