Analysis of the Challenges Faced by the Rail Sector: Understanding the Rail Industry of the Future through the Incorporation of Technology and Digitisation

Abstract

Technology and digitalisation will transform today’s railway industry. The digitisation of rail will increase its capacity, safety and comfort, maintaining the EU’s leadership in rail transport equipment and services. New technologies such as Artificial Intelligence, Big Data, Cloud Computing, etc. will have a major impact on the sector. Innovation will play a vital role as it will serve as a catalyst for the development of the necessary advances for the sector. This article aims to define the key drivers and milestones, as well as the technologies that enable the development of solutions to face these challenges. The article provides an understanding of the future of the sector through the incorporation of technological and digital transformations. Furthermore, the analysis aims to contribute to strengthen the capacity of companies to innovate and thus contribute to EU policies towards a greener and more digital economy, while supporting the resilience of the industry through innovation.