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HDM-4 is the most widely used system for road investment appraisal and decision making, generating improvements in public policies and services. Economic development and road agencies in developing countries are major users of the tool. HDM-4 has become the de facto standard used by the World Bank for its road investment appraisals and has been used to assess more than 200 projects since 2008, with some $29.5bn of World Bank loans, credits or grants drawn-down to fund these. Uptake of the tool has led to the commercial success of HDMGlobal, a consortium which manages the distribution and development of the software under exclusive licence from the World Road Association-PIARC, with revenues of £1.6m generated since 2008. HDM-4 has also been utilised for economic assessment and road systems investment management in the UK.
Research conducted within the Aon Benfield UCL Hazard Centre has underpinned the development of innovative extreme weather services for the real-time monitoring of global tropical storms and European extreme weather. These services have achieved significant commercial and humanitarian impacts worldwide. Within the REF impact period these impacts included £1.319 million of income generated by sales of commercial products; 24,000 subscribers receiving free storm alerts and/or seasonal forecasts; seasonal forecasts distributed to reinsurance companies worldwide; and a contribution to lives saved in Bangladesh from tropical storm Mahasen (2013). Twenty-two international organisations have also benefited from the commercial extreme weather services; for example, they support the claims division at RSA in assessing risk, allocating resources and detecting fraudulent weather claims; and they enable the Norwegian Hull Club to alert its portfolio of over 9,200 vessels worldwide to steer clear of approaching dangerous storms.
Cranfield's work on ethylene supplemented storage is now exploited in the supply chains to major supermarkets in the UK, including Waitrose and Tesco, reducing waste and avoiding volatility in supply for fresh food products such as onions and potatoes. By prolonging storage life by up to six weeks it is also having a positive impact on the UK's self-sufficiency in these products, displacing imports from overseas.
Complementary work has also led to commercial ethylene scrubbing technologies for packaging, which typically save around 50% of in-store waste and add two days to the product life for a range of fruit and vegetables. Such packing is now in use in most mainstream UK supermarkets, and in the USA where it has created a new export market for the manufacturer.