Background

Digital asset management of railway systems is receiving a major boost in Europe. Investments in asset management enable rail infrastructure managers, rail operators and transit agencies/public transport authorities to improve service, increase reliability and punctuality, maximise customer satisfaction, improve utilisation of mobile, fixed and linear assets, manage risks, minimise whole life costs, reduce maintenance costs, maintain high levels of safety, and enable delivery of outcomes and priorities. 

The focus is on deploying state-of-the-art technologies and moving from preventive to condition-based and performance-based maintenance. Some of these technologies include smart devices, big data analysis and the internet of things for predictive maintenance; digital twins to enable sustained asset management monitoring on a life cycle basis; advanced solutions for prognosis and health assessment at system level; advanced decision support systems (DSS) for holistic management, integration and cooperation; design and implementation of robotic solutions for automatic execution of maintenance and management policies; etc. 

Intelligent and cost efficient asset management can contribute towards achieving the goals set under two of the European Commission’s priorities for the period 2019-2024: The European Green Deal and the Europe fit for the digital age.

In light of these advancements, Global Mass Transit is organising a virtual conference on Rail Asset Management in Europe on October 27-28, 2021 to discuss development and implementation of asset management strategies and plans, assessment of whole life costs, digital asset management, upcoming trends and new technologies, predictive and preventive maintenance, data capture and analysis for decision-making, asset management change programmes, and investment prioritisation. 

Mission

The mission of this conference is to encourage discussion among rail infrastructure managers, rail operators, public transport authorities, technology and solution providers, and consultants on asset management, condition-based, performance-based and predictive maintenance, development of asset management policies and lifecycle strategies, estimation of whole lifecycle costs, lifecycle management, data capture and analysis, new technologies in rail asset management, digital asset management, ISO 55001 standards and certifications, and role of data and analytics. It will also showcase best practices in developing and implementing asset management plans/strategies and the deployment of latest technologies.

The conference will address the needs of existing urban rail systems, systems undergoing upgrade or renewal as well as upcoming systems. It will also discuss certifications and standards, data management and decision making tools, best practices, and key issues and challenges faced by rail infrastructure managers and rail operators in planning and implementing asset management strategies. 

Key topics to be discussed

- Impact of Covid-19 on asset management policies and lifecycle strategies

- Digital asset management in Europe

- European Commission’s initiatives, policies, guidelines

- Key asset management initiatives undertaken by rail infrastructure managers and operators

- Preparation of asset management and capital plans 

- Preparation of asset management strategies

- Assessment and minimisation of whole lifecycle costs    

- Transitioning from preventive to condition-based and performance-based maintenance

- Use of data and analytics

- Understanding predictive maintenance based on big data analysis and the internet of things (IoT) and other smart devices  

- Deployment of enterprise asset management solutions 

- Cloud-based platforms and asset management solutions 

- BIM for rail asset management

- Real-time monitoring solutions

- Reducing operational costs of infrastructure assets such as signals, electrification systems, rail tracks and rolling stock    

- Replacement and renewal strategies

- Application of asset management principles to facility and fleet maintenance planning

Benefits of attending a virtual event

• Live interaction with senior speakers and key stakeholders (Q&A facility)
• Easy connectivity to geographically dispersed delegates (click of a mouse)
• Virtual meetings and interactions with industry peers and leaders
• Cost effective (lower ticket price as compared to a physical conference)
• Flexibility and convenience
• Access to conference recordings to watch later “on demand”

DAYS TO GO

When

October 27-28, 2021 

10:00 - 15:00 Central European Time (CET)

Planner Details