Multi User License - $2,999
One of the cutting-edge fields reshaping the transportation industry is artificial intelligence (AI), which is receiving attention.
Machine learning techniques based on artificial intelligence have been integrated with technology for searching and analysing the vast amounts of data generated by the growth of the digital world.
Other factors contributing to its successful development include advancements in transportation technology, the internet of things, and communications networks. While fully automated vehicles are being tested in a small number of driving scenarios and environments, AI technologies that take over some driving functions are currently widely accessible on the market.
Furthermore, platforms in the sharing economy that provide services for road transportation make heavy use of AI algorithms.
Saudi Railway Company (SAR) and Huawei have signed a memorandum of understanding (MoU) to launch a smart railway programme.
SAR and Huawei will work together on a number of smart railway initiatives as part of the agreement, including the implementation of a next-generation railway wireless network, the Internet of Things (IoT), artificial intelligence (AI), and cloud services.
The partners will also investigate the possibility of implementing 5G technology throughout the SAR rail network, according to local media sources.
In accordance with the agreement, Huawei will impart knowledge on information and communications technology (ICT) solutions to SAR personnel members.
The Saudi Arabia Railway AI Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2030.
© Copyright 2017-2023. Mobility Foresights. All Rights Reserved.