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Xerox and State of Victoria (AU) Announce Joint Venture to Solve the Global Problem of Aging Infrastructure
Deploying PARC Developed Technology to Remotely Monitor the Structural Health of Bridges and Optimize Asset Life NORWALK, Conn.--(BUSINESS WIRE)-- Xerox and
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[{"type":"text","content":"\nDeploying PARC Developed Technology to Remotely Monitor the Structural Health of Bridges and Optimize Asset Life\n\n NORWALK, Conn.--(BUSINESS WIRE)--\nXerox and the Victorian Government announced today they have partnered to launch Eloque, a joint venture to commercialize new technology that will remotely monitor the structural health of bridges.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210510005440/en/The new joint venture with Xerox and Victorian Government (AU) will use Industrial Internet of Things (IIoT) technology to remotely monitor the structural health of bridges. (Photo: Business Wire)\nThe Eloque solution is an Industrial Internet of Things (IIoT) technology, using tiny fiber optic sensors attached to the bridge to accurately measure and estimate structural strain, thermal response, bending, loads, vibration, and corrosion, which are all measures of structural health. Advanced analytics are then used to evaluate the sensors’ data and deliver insights directly to the bridge owners and operators in real time, to monitor whether a bridge is being over or underutilized, has structural problems or damage that needs repair.\n\nAccording to the American Society of Civil Engineers 2021 Report Card for America’s Infrastructure, in the United States alone, 42 percent of all bridges are at least 50 years old, and nearly 231,000 bridges need repair and preservation work. This problem extends across the globe. An estimated 70 percent of Australia’s bridges are more than 50 years old, around 11,000 of Germany's 25,000 rail bridges are over 100 years old, and seven percent of bridges in France are already at risk of collapse.\n\n“Aging and deteriorating public infrastructure is a global problem. We are pioneering technology that maintains the safety of bridges, extends their useful life and positively impacts planning,” said Xerox Vice Chairman and CEO John Visentin. “Our partnership with the Victorian Government not only allows us to solve this problem for Victoria, but also rapidly expand to customers around the world facing these challenges.”\n\nThe technology was developed at Xerox’s Palo Alto Research Center (PARC) and trialed through a partnership between Xerox and VicTrack, the Victorian Government state-owned enterprise that owns all railway and tram lin...