Why we need to rethink market research in a business plan

Every now and then I can read, or even write, a business plan about an idea, a product or a startup. One part of it always bewilders me since I never trust the numbers: Market and competitive research. On the one hand, most business plans do cover the topic only very superficially by either stating … Continue reading Why we need to rethink market research in a business plan

Railway Maintenance going predictive? – or why you should not ask consulting firms

Since everybody with any useful degree, such as myself with a simple business degree, can raise his or her opinion about some basic mechanics, I can do that too, with this simple comment on a report that was recently published. Railway maintenance is a topic that is very dear to me, hence I often read … Continue reading Railway Maintenance going predictive? – or why you should not ask consulting firms

Why Transportation does not attract relevant Startups

A thing that is bothering for over twenty years is that transport does not seem to attract significant investments and innovations in its sectors. While the IT industry still follows Moor's law (respectively an abrevation of it), transport does not seem to evolve and attract disrupting new players. The role of private players in transport … Continue reading Why Transportation does not attract relevant Startups

Reflections and predictions in the transportation industry 2017/2018

Finally 2018 arrived and a exciting sometimes divisive and decisive 2017 ended. Certainly, the shift in US politics from a pro sustainable energy to a pro fossile energy has create a changing climate for projects in the US as well as in other countries. Nevertheless, Europe and Chine are surpassing the US in technical development … Continue reading Reflections and predictions in the transportation industry 2017/2018

Predictive Maintenance – selling snake oil to a gullible audience

We have reached now a computation power where machine learning algorithms can easily be applied across a spectrum of industries to resolve a huge variety of problems. While first successes are also published in the railway industry this also opens up the market for what I call "snake-oil-resellers". Companies or individuals that use publicly available models, claim … Continue reading Predictive Maintenance – selling snake oil to a gullible audience