ARCT AS is an entrepreneurial business and a first-mover, who is developing tools for decision support within stakeholder management and regulatory compliance processes.
The ARCT’s Beta tool development is an interactive mapping system with an opportunity to select and score stakeholders impact and interaction with your project. A user logs-in defines your project type, for example an infrastructure like a harbor, airport, windmill, energy or pipeline. The system currently relies on available map-based resources such as Google maps. The plan is to expand with the ability to include other map based information systems.
ARCT addresses how local stakeholders should be heard and involved in determining local impact on infrastructure project solutions. Hence, reduce risk for business and society as a whole.
The ARCT team is already working in an innovative way with funding by Innovation Norway of 1.8 mill. NOK (approximately 180 000 Euro), and substantial In-Kind support committed with signed agreements by business partners Ramboll, DNV GL, NINA, ASRC, Alaska, and new partners Haleyg, Megapop Games and S&T.
ARCT’s initial idea was based on Karin Berentsen’s experience as Statoil ASA’s Regulatory Compliance Manager in Alaska. On-site in Alaska, she was exposed to significant interest in the Norwegian way of doing business and became an expert on comparing regulations.
ARCT’s key Customer Segment is to support project developers and local stakeholders. They need repeatable, transparent processes and reliable maps and trust worthy information.
The increased relevance for ARCT, is for example the need for infrastructure modification and relocation caused by climate change and increases in weather-related natural disasters. In particular, this significantly impacts infrastructure operators’ in the selection of sites of, for example, harbours, airports, wind farms, power transmission lines and pipelines. Rebuilding and relocation of infrastructure due to for example climate change, particularly affects local communities.
Key users are the stakeholders who are affected, such as infrastructure operators, local authorities, town and land use planners, and policy makers, as well as project developers, project investors and their suppliers. They are all ARCT’s target users and customer reached through ARCT Key Partners.
Business’ motivation is the increasing local impact on project solutions, that poses a huge risk of costly delays and stopping of projects if not handled well. The current way of working relies on tacit knowledge, is cost-driving, outdated and ready for a change (a digital shift).
An informed insight in this type of risk reduces the potential failure by business, and a value potential for well-planned, sustainable projects and cost-saving and. It also increases their ability to precisely estimate costs, which is essential when bidding on fixed-priced contracts.