The World Economic Forum’s most recent Regional Risks of Doing Business report lists cyberattacks as the top concern of corporate executives in 19 countries, including advanced economies in North America, Europe, and Asia. These concerns, according to the report, “highlight the growing reliance of global commerce on digital networks that are the target of increasingly sophisticated and prolific attacks.”
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As railways push ahead with digitalization, more and more are engaging and implementing solutions from a new form of supplier: the tech start-up. This is changing the railway-supplier relationship and altering the industry’s wider approach to innovation, as IRJ’s Kevin Smith discovers.
MTA President Patrick Foye, New York City Transit President Andy Byford and Senior Vice President Subways Sally Librera provided statistics on March 18 to show that the New York subway system has seen a dramatic increase in performance since the implementation of the Subway Action Plan and NYCT’s Save Safe Seconds campaign.
Bentley Systems Inc., a leading global provider of infrastructure design, construction and operations software, has introduced SYNCHRO XR, described as “an app for immersively visualizing 4D construction digital twins with Microsoft’s new HoloLens 2,” a self-contained holographic computer that enables hands-free, heads-up interaction with digital models.
RAIL EQUIPMENT FINANCE 2019, LA QUINTA, CALIF, March 5: BNSF Executive Chairman Matt Rose, nearing retirement, shared his views on the rail industry with Railway Age Editor-in-Chief William C. Vantuono and more than 400 attendees at Railroad Financial Corporation’s annual conference, organized by RFC President and Railway Age Financial Editor David Nahass and his staff. Rose talked extensively about Precision Scheduled Railroading (PSR), business growth, advanced technology and other topics.
Conrail has tabbed Trainyard Tech to install the CLASSMASTER™ hump yard process control system at Oak Island Yard in Newark, N.J.
Fresh off Governor Andrew Cuomo and Mayor Bill de Blasio coming together to fix the subway system, the MTA has awarded Collins Aerospace a 53-month, $68 million contract to serve as the prime contractor for a transit information management modernization project.
Tunnels in general represent a significant financial investment with challenging design, construction, and operational issues. Tunnels that are not adequately planned, designed, and constructed usually require more costly and extensive repairs. Tunnel Life Cycle Cost Analysis (LCCA) is a data-driven tool that provides a detailed account of the total costs of the project over its expected life.
Railway Age, February 2019: As railroads continue to expand their data collection technologies across all of their operational areas, they simultaneously continue to expand their ability to analyze this data and convert the data into actionable information—in other words, to generate information that can be directly used in their operation or maintenance activities.
Veteran railway engineering professional Dave Semple will join Wi-Tronix LLC as Director – Wi-Tronix Australia/New Zealand on March 4. Based in Sydney, Australia, Semple will lead the region’s market strategy and execution as Wi-Tronix continues to build a global client base.