Artificial intelligence in railway technology

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At ASTRAN, we are not only passionate about the railway or energy market. An interdisciplinary team deals with a wide range of topics on a daily basis. Whether it’s business, technology, strategy or socioeconomics – in our Insights we regularly give you an insight into exciting topics, explain interrelationships or present technical achievements.

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Pages

4

Publisher

ASTRAN Business Consulting GmbH

Release date

2019

SKU: IN19-1370 Categories: ,

Description

According to the industry association Bitkom, the European market for artificial intelligence (AI) will grow from around three billion euros in 2019 to 10 billion euros in 2022. This results in an average annual growth of 38 percent. By comparison, last year the market volume was just 2 billion euros.

AI and machine learning are becoming a megatrend and hold immense potential for automating and increasing efficiency in a wide variety of industries and fields of application, and will also significantly change the rail market.