The journey toward AI-enabled railway companies

For most railway companies AI is only an emerging trend. However, the opportunity potential is immense. According to research from McKinsey & Company and the International Union of Railways (UIC), greater adoption could unlock an estimated $13 billion to $22 billion in impact a year, globally.

In the report, The journey toward AI-enabled railway companies, McKinsey and UIC examine the adoption of analytical AI and gen AI in the rail industry, and the business potential that these new technologies can bring. Key insights include:

• Real-world application: Explore the 20 common AI use cases being applied by railways today
• Strategic transformation: Learn about the six building blocks for driving successful digital and data transformation
• Security and governance: Understand the considerations for data governance and cyber security in AI adoption

Now is the time for leaders across the railway value chain to embrace AI as a strategic imperative to drive efficiency, improve service, and meet future demands.