Ariyachandra, Mahendrini;
Wen, Ya;
(2025)
Building a Holistic Smart Technology-Centric Value Assessment Framework for Rail Infrastructure.
In:
EG-ICE 2025: AI-Driven Collaboration for Sustainable and Resilient Built Environments Conference Proceedings.
University of Strathclyde Publishing, GBR
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Abstract
The digital transformation of railway infrastructure presents new opportunities and challenges for value assessment, necessitating a shift from traditional evaluation metrics towards a more comprehensive, technology-centric value assessment. Existing frameworks often overlook the full spectrum of benefits that smart railway investments offer, particularly across economic, social, environmental, and technological dimensions. Given that data and digital technologies underpin the realisation of these benefits, this study seeks to address the evaluative shortfall by proposing a novel, integrated framework: the Smart Technology-centric Value Assessment Framework (ST-VAF). Developed through exploratory analysis, the ST-VAF offers a systematic approach to evaluate the impact of digital innovations on operational efficiency, sustainability, and passenger experience. Drawing upon case studies from operational railway networks, the framework aims to assess the transformative potential of smart technologies. Furthermore, by highlighting the interplay between emerging technologies and conventional value metrics, this research provides actionable insights for policymakers and industry stakeholders seeking to optimise the value derived from digital investments in rail infrastructure.
Type: | Proceedings paper |
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Title: | Building a Holistic Smart Technology-Centric Value Assessment Framework for Rail Infrastructure |
Event: | The 32nd International Workshop on Intelligent Computing in Engineering |
Location: | Glasgow, Scotland, UK |
Dates: | 1 Jul 2025 - 3 Jul 2025 |
ISBN-13: | 9781914241826 |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.17868/strath.00093275 |
Publisher version: | https://doi.org/10.17868/strath.00093275 |
Language: | English |
Additional information: | This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. |
Keywords: | Value Framework, Smart Technologies, Digital Transformation, Rail Infrastructure, Value Metrics |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment |
URI: | https://discovery.ucl.ac.uk/id/eprint/10210711 |
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