Digital technologies are driving innovation across every industry segments – from automotive, aerospace, manufacturing to travel and hospitality. Driven by a significant demand in infrastructure upgrades and public spending, the rail industry has been slow in implementing modern technologies compared to other transport sectors. They are at a frantic pace of embracing digitalization and are in the midst of a profound digital transformation, driven by emerging digital technologies such as 5G, big data, internet of things, automation, artificial intelligence, and blockchain to create a safer and more connected and sustainable world of travel.
The introduction of digital technologies within the rail industry is transforming operations, creating an attractive environment for passengers while offering new ways for the industry to operate. The introduction of these new technologies will not only improve mobility but also work towards reducing costs, improving safety, enhancing rail experience and energy efficiency, which will boost the overall attractiveness of rail for passengers.
We believe that the future of the rail industry is digital. To discuss the same, we are bringing together the entire rail ecosystem of OEMs, operators, regulatory authorities, and technology providers onto the same platform to discuss the evolving digital use-cases along with the implementation and scaling challenges.