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Showing posts with the label railways

Emerging Technologies Will Transform Digital Ticketing

Digital ticketing adoption is growing in two core areas -- Mobile ticketing and Online ticketing. A mobile ticketing user is someone who either purchases and/or stores a ticket using their mobile handset for later redemption, at the point of travel, the event venue, the cinema, etc. In contrast, an online ticketing user is typically someone who purchases a ticket online via any Internet-connected device, thereby avoiding the conventional offline ticket purchase process. Digital Ticketing Market Development According to the latest worldwide market study by Juniper Research, users of mobile ticketing will total 1.9 billion by 2023, up from 1.1 billion in 2019. In comparison, the total number of digital ticketing users across mobile, online and wearable channels will reach 2.2 billion by 2023. According to the Juniper assessment, mobile ticketing has become a primary driver of Mobility-as-a-Service (MaaS) -- which is considered as the future of urban transportation-related mobilit...

Big Cloud Service Benefits for Smart Railway Systems

Internet of Things related technologies can be applied to add automation and analytic intelligence to legacy industries that may have lacked significant new innovation in decades -- take passenger and freight train logistics, as an example. TechNavio Research has studied the Global Smart Railway System market. Their report analyzes the diverse market trends and growth opportunities pertaining to the rail transportation industry in the coming years. According to the TechNavio market assessment, smart railway system comprises solutions, devices, components and services that automate or otherwise optimize the usage of railway infrastructure to carry out advanced functions. It has several key components such as passenger reservation and information systems, freight operations information systems, railway traffic management, operations and asset management, IP-based security monitoring, communications, ticketing, and railway analytics. "Within the Railway industry, the need to ...