Tag Archives: "Railway Innovation Champions"

railway innovation champions

Why Innovation in Rail is Broken and What You Can Do About It – Introducing The Railway Innovation Champions Program

Innovation in the railways is broken. Why? Because the industry is set up in a way that disincentivises innovation. Short-term franchise awards stop operators and financiers from investing in the technology that can ultimately reduce their costs and increase passenger satisfaction. Short-term franchise awards encourage them to focus on the short-term ROI of operations and […]