Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on innovative solutions for the railway sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, you will discover 5 promising railway operations solutions.
Heat Map: 5 Top Railway Operations Solutions
Using the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of railways. For this research, we identified 213 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing rail operations solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 213 companies we analyzed for this specific topic.
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Everysens – Railway Traffic Management System
The effective monitoring of railway operations, including resource management, budget allocations, and security clearances, currently requires considerable time and effort. The integrations of the internet of things (IoT)-enabled devices and sensors enable railway operators to monitor purchasing, planning, execution, and performance to significantly enhance the visibility of rail operations. For example, rail tech startups develop traffic management system solutions to help operators optimize fleet visibility. Traffic management systems (TMS) further increase the visibility into rail process efficiency to maximize operating profits.
French startup Everysens provides TMS solutions to railway shipping and freight forwarding companies. The startup’s proprietary platform, TMS Rail, combines artificial intelligence (AI) and IoT to provide a real-time TMS solution for rail operators. The platform allows operators to make processes more efficient to eventually optimize end-to-end rail operations.
Skylo Technologies – Connected Railways
While asset monitoring significantly enhances rail safety and operations, real-time asset tracking further increases the visibility of the fleet to inform rail operators about the status of their assets. By leveraging geosynchronous earth orbit (GEO) satellite communication technologies for asset tracking and monitoring, rail startups enable cost-effective data transmission. The solutions include IoT sensors, transmission hardware, and platforms for processing information. Moreover, such systems efficiently aggregate monitoring data and processes for railroads.
Skylo Technologies is a US-based startup developing monitoring solutions across many industries, including railways. The startup develops the Skylo Hub, a device that enables long-distance data transportation. The device utilizes GEO satellite communication and then use the Skylo Data platform for generating insights. In addition to enabling effective asset monitoring, Skylo Technologies’ solution also enhances passenger experiences and improves the safety of railway operations.
Cedar AI – Rail Yard Operations
Operating rail yards require extensive planning and precision as inefficient train management leads to time and monetary losses. Additionally, a failure in yard operation planning increases the risk of workplace injuries and delays. To address this challenge, startups develop solutions for effective rail yard operations planning, including remote control and routing and yard inventory management.
Cedar AI is a US-based startup offering artificial intelligence solutions to help rail operators improve yard efficiency. The startup’s AI-powered platform integrates with existing software to ensure safety rule compliance during rail yard operations. The platform helps rail operators optimize yard processes and reduce workload while also improving the safety of train handling.
Bolehbuka Digital International – Rail Station Management Platform
Insights delivery systems for rail station management paves the way for digital transformation in rail operations and projects. Further, structuring passenger information using data analytics deepens the understanding of passenger behavior and patterns. This, in turn, allows rail operators to optimize their services using upgraded information channels. The resulting gains in passenger satisfaction also increase rail companies’ revenues and reputation.
Indonesian startup Bolehbuka Digital International offers a rail station management and analytics system. The startup provides platform design and development, advanced analytics, cloud transformation, and maintenance solutions for rail station operators. Bolehbuka Digital further helps rail companies implement digital solutions to help them increase customer satisfaction and improve operations efficiency.
Agile Analytics – Data Analytics
Advanced analytics platforms help rail companies improve operations monitoring and allow for better control over their service offerings. Data-driven insights also guide quality-related recommendations to determine future courses of action. To this end, startups help companies implement data processing and analytics solutions, enabling them to improve financial and efficiency metrics using data.
Agile Analytics is an Australian startup providing Azure-based financial and customer relations management (CRM) analytics solutions. For railways, the startup helps companies and government railway departments manage and improve operational performance in light rail services. The startup also implements analytical solutions, optimizes the existing ones, and enables the effective evaluation of operators to resolve business-related challenges.
What about the other 208 solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence and enable you to achieve your goals faster. The 5 rail operations solutions showcased above are promising examples out of the 213 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.
