In a fast-paced global market, Railways have been leveraging technology to ensure safety goals & to reduce environmental impact..
Insights
Best Practices for Digital Transformation
Firms need a digital transformation strategy for a variety of reasons. It improves the culture of your firm, streamlines operations, boosts productivity, and boosts performance.
The correct digital transformation framework can make a tremendous impact on the efficiency of your organization. You receive the benefit of flexibility by adopting best practices for your digital transformation framework, which allows you to add and remove digital solutions as your company's needs evolve.
The Importance of Managed Services
In a world undergoing massive digital transformation, managed services have become increasingly critical as a way for companies to focus on what is important to them. The global Managed Services market size is projected to reach USD 350 Billion by 2026, from USD 242 Billion in 2021, at a CAGR of 7.9% during 2021-2026. The scarcity of skilled IT resources, as well as cost reduction and lower IT budgets, are driving the expansion of the managed services market.
5 technology trends for railways to focus on
The Railway network has always been the underdog in the transportation sector. Ever since the pandemic hit the globe, the logistics industry and rail operations played a crucial role in overcoming the hurdles in shipping brought about by the pandemic. With innovative foresight, the year 2021 and ahead could be pivotal for the rail industry globally.
Our study into this topic has led us to identify the below five trends and technologies that could drive the rail industry forward.