Successful digitization of the rail market requires consistent standardization In the course of ever faster technological and social changes, companies have to assess and align their strategic position constantly. It is therefore vital for the management to define processes which enable them to systematically cope with situations of uncertainty. Megatrends and technological drivers must become focal points of every decision-maker, […]
Megatrends in the Rail Market – COTS Products on the Rise!
The Digital Transformation of the Railway Industry: Digitization and Standardization Go Hand in Hand
Digitization offers the opportunity to create a new competitive structure that promotes the rail system as a whole and makes companies active in the rail market more competitive and innovative. In this regard the German railway industry faces new structural challenges. In the past, the established rail industry companies have already contributed significantly to the increasing automation of rail transport. […]
Doing Rail Business in Scandinavia – Promising Market Opportunities for Innovative SMEs
The Scandinavian rail market has long been a trailblazer for Europe. The planned extensive investments for the Scandinavian railways will further lead to a strengthening of the region’s future rail market. The traffic authorities in Sweden, Norway and Denmark are aware of the fact that foreign innovative railway companies are the key to sustainable economic growth and industry-wide competitiveness. […]