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  1. FERROVIAL IN 2014
  2. INTELLECTUAL CAPITAL

INTELLECTUAL CAPITAL

Innovation.

Ferrovial focuses its R&D work on developing technologies applied to municipal services, water, energy efficiency, infrastructure construction, transportation and environmental sustainability, in order to manage complex operations and offer clients outstanding solutions.

objective

Ferrovial believes that challenges such as demographic evolution, market globalization and environmental issues offer opportunities also. The firm believes that innovation is the appropiate tool to tackle these challenges, as well as one of the main sources of sustainable wealth creation for all stakeholders and society in general.

M€  2014 2013 2012
R+D investment  42.6  32.9  32.6

MODEL

The Chief Information and Innovation Officer leads the Global Innovation Group. This group aims to develop strategies and coordinate global programs that help to consolidate the culture of innovation. It comprises representatives from all lines of business (innovation managers) and key human resources personnel.

Ferrovial implements programs aimed at promoting a culture of innovation across the entire organization. It supports the identification and implementation of innovative solutions for businesses and customers in accordance with the established strategies and priority areas. This year the company ran the second edition of the Zuritanken program, which invites employees to develop ideas that address any of the four challenges posed by Ferrovial’s business units. Out of 677 ideas, 45% were submitted by teams, compared to 15% in the first year, demonstrating that employees are cooperating with each other to submit their proposals. In 2014, the corporate Shuttle entrepreneurship program was run, seeking to identify value propositions, test them in Ferrovial markets and convert them into businesses. This program fosters the development of entrepreneurial leadership within the company. By entrepreneurial leadership, we mean the ability to convert ideas into reality and support talent development.

In addition to in-house initiatives, Ferrovial interacts with third-party organizations to enrich its innovation processes through an ecosystem of partnerships, including companies, government institutions, universities and entrepreneurs, all via an open innovation model. Ferrovial focuses its attention on entrepreneurs, who drive innovation by means of disruptive high-risk technologies and business models, which are less likely to be developed within a company. These are some of the start-up initiatives the company took part in last year: Madrid smart Lab, Open Cities Challenge, Spain Startup, Pasion>ie, and IBM Smartcamp.

Ferrovial forms part of international business networks and actively encourages research, development and innovation policies. This year, it also held the presidency of ENCORD and took part in Shift2Rail, the first European Joint Technology Initiative focused on railroad infrastructure, as well as a number of events as part of the 2020 Horizon program.

Ferrovial won the Spanish National Award for Innovation and Design in the internationalization category, awarded by the Secretary of State for R&D&i. Ferrovial was selected as the winner for the following reasons: innovation is present in several areas of its business activities; its open innovation model; its efforts to foster talent; and its leading position in European and worldwide projects.

Strategy

  • A common system of governance to establish the open innovation model and deal with challenges and opportunities.
  • An innovation community that seeks to identify relevant individuals and to foster an appropriate cultural climate.
  • A company that has all the necessary resources for development, such as information, funding, ecosystem and programs that support the model.

In 2014, Ferrovial managed total investment of 42.6 million euro in R&D, with more than 100 projects in progress.

FOCus

Ferrovial focuses its R&D work on developing technologies applied to municipal services, water, energy efficiency, infrastructure construction, transportation and environmental sustainability, in order to manage complex operations and offer clients outstanding solutions.

PROjects

Services

Efficient provision of urban and environmental services and infrastructure maintenance.

  • Living Lab Project in Guadalajara: a space where new technologies are deployed and undergo performance tests via real interactions with the public.
  • Model for waste separation systems: analysis and improvement of mechanical treatment plants for urban waste separation (in partnership with MIT).
  • City street scanning: use of sensors and cameras located across the city and a fleet of vehicles to automatically evaluate conditions on urban infrastructure.
  • Madrid Smart Lab: an acceleration program for entrepreneurs, testing solutions to improve life for inhabitants in a district of Madrid.

Toll Roads

Development of new technologies to improve user profiling and make more precise traffic predictions, as well as developing new and easier payment methods.

  • Big Data: provides new mobility and transport habits data, to support decision-making and improve lane management.
  • SATELISE: mobile application for paying tolls.
  • Managed Lanes: optimizing toll revenue by means of realtime dynamic pricing.

Construction

Using techniques to improve productivity, mobility and work quality and the health and safety of individuals, mitigating the environmental impact. 

  • ÓPTICA: use of drones for advanced topography and work monitoring.
  • BIM: use of 3D models for the design and construction of buildings and civil engineering projects.
  • PRENDE: digital service targeted at the public to raise awareness of the benefits of house energy rehabilitation (winner of 2014 Enerctic award).
  • Tunneling: assessment of land movement caused by the construction of tunnels and its effects on adjacent buildings (in partnership with MIT).

Airports

Improving the passenger experience and operations. 

  • Not a step wasted - Power Floor: interactive panels at Heathrow Airport that light up as you walk and reduce energy use.
  • Mobile Display Units: user information screens controlled centrally without power cables.
  • Airfield Asset Inspector: supports the technification of air asset management, inspections of airfields and operations engineering equipment using a vehicle equipped with a tablet featuring highly accurate GPS systems.