Gianluigi Castelli

Chairman of the Board – Ferrovie dello Stato Italiane

Chairman of the International Union of Railways (UIC)

A Post-Digital mindsetfor the railway industry

Paris, 3rd Orctober 2019

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We are living in the post-digital eraCost of computation, storing capacity, data trasnfer rate

Source: The Economist, Sep 14th 2019

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Digital is driving RAPID changes to business models and economic systems…

… while our industry needslong-term and STABLE decisionsfor massive investments

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Technology Value projections

Smart robots 28 $bn by 2025

Autonomous Mobile Robots 1 $bn by 2025

Brain-Computer Interface 2 $bn by 2025

Smart workspace 47 $bn by 2023

Biochips 31 $bn by 2024

Digital Twin 26 $bn by 2025

Deep Neural Nets (deeplearning)

18 $bn by 2023

Carbon nanotube 10 $bn by 2023

IoT platforms 226 $bn by 2023

Virtual Assistants 12 $bn by 2024

TOTAL 401 $bn by 2024

Hype is a major danger

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Plateau of Inflated

Expectations

Time

Expectation

Technology

Trigger

Trough of

Disillusionment

Slope of

Enlightenment

Plateau of

Productivity

Value

We need a post-digital mindset

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1. Respect technologies

2. Acknowledge that technological competences are

scarce and expensive

3. Apply the fundamental economic rules

4. Be a savvy adopter

5. Spread an innovative attitude throughout the

whole organization

Our Digital Transformation Manifesto

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UIC and its Members have taken the right course