The era of digital complexity in Australian energy, utilities and infrastructure
This whitepaper, written by Clayton Utz in partnership with The Action Exchange, explores the changing nature of procurement and contracting in increasingly digitally-connected infrastructure, energy and utilities projects.
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Context
Australia's largest industrial, infrastructure and energy projects rest on complex digital backbones. Hard hats and cranes are giving way to data interoperability, cyber resilience and AI governance.
Yet, traditional risk and procurement models remain heavily focused on financial and physical risks, overlooking the specific vulnerabilities posed by today’s high-tech, interconnected infrastructure.
This paper argues that traditional risk and procurement models fall short in Australia’s new era of heightened regulatory demands, governance requirements and sophisticated cyber risks.
Approach
Drawing on The Action Exchange’s qualitative research, this report examines the convergence of these trends through the lens of three overarching complexity drivers - sentience, interoperability and security to understand how asset owners and operators are grappling with them.
This project leveraged our unique approach to developing business intelligence to uncover insights designed to help leaders navigate heightened regulatory demands and increasingly sophisticated cyber risks.
