Digital twins have become one of the most talked about topics because of their promise to leverage innovation to improve design, visually enhance collaboration, and increase asset reliability and performance. However, rail is a very traditional and safety-sensitive industry, and with the backdrop of owner-operators and project delivery firms needing to work within tighter budgets, shorter deadlines, and with increased legislation, change can be slow and challenging.
Author: Meg Davis
There is a nexus of old and new processes where digital transformation, the Industrial Internet of Things (IIoT), and the business of railroading all intersect. The federal mandate for Positive Train Control (PTC) perfectly encapsulates this new reality. If you are in the rail business, your organization has already allocated some level of investment in PTC, but how does that investment of financial and human capital fit into your overall business architecture? How are you going to ensure that you do not just implement another siloed system?