The Industry 4.0 paradigm presents a significant transformation in the way products are produced or how supply chains are managed. This is seen through the rapid growth and expansion of the Internet, information exchange and autonomous systems for the resolve of accomplishing collective goals. These opportunities can revitalize the railway sector specifically, in passenger and freight transportation. The paper is a review of how Industry 4.0 concepts such as the internet of things (IoT), big data analytics, artificial intelligence and block chain can do for the following areas of the railway ecosystem: Smart signalling and operations automation, automatic fare collection systems. The paper will review the technologies and opportunities presented by the technologies in the three described areas of the railway ecosystem. The review will intensely focus on how the technology will assist in revitalizing the rail sector. This section will also touch socio-economic issues such as local manufacturing (localization), job creation and skills development (I4.0 related skills).
Opportunities Presented by Industrial 4.0 Revolution to Revitalize the Railway Sector: A Review
Lecture Notes in Production Engineering
2023-03-04
8 pages
Article/Chapter (Book)
Electronic Resource
English
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