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Analysis of Technologies Maturation Level to Face the Future Challenges of the Rail Sector

In: Business and Management Annual Volume 2023

Author

Listed:
  • Garazi Carranza Ruiz de Loizaga
  • Olatz Amorrortu
  • Oihane de la Rua Losada

Abstract

Technologies play a key role in driving innovation in the rail sector, addressing key aspects such as sustainability, efficiency, passenger experience, and freight transport. The implementation of new propulsion systems and advanced materials in pursuit of sustainability, together with the adoption of smart operation and advanced manufacturing, contribute to optimizing resources, and reducing environmental impact. Data and analytics-based solutions enable more effective management of operation, predictive maintenance and safety, and improving service reliability and safety. In addition, passenger-oriented applications and services, such as digital ticketing and real-time information, enrich the user experience. Technology is also revolutionizing freight transport, optimizing the operation and infrastructure for more efficient and sustainable movement of goods. Together, these technologies are shaping a more advanced and efficient future for the rail sector.

Suggested Citation

  • Garazi Carranza Ruiz de Loizaga & Olatz Amorrortu & Oihane de la Rua Losada, 2023. "Analysis of Technologies Maturation Level to Face the Future Challenges of the Rail Sector," Chapters, in: Vito Bobek & Tatjana Horvat (ed.), Business and Management Annual Volume 2023, IntechOpen.
    • Handle: RePEc:ito:pchaps:325276
    DOI: 10.5772/intechopen.112892
    as

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    More about this item

    Keywords

    rail; railway; innovation; technologies; sustainability; efficiency; passenger experience; freight;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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