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Research uncovers widespread support for investment in 5G networks and smart city services to boost rail users' safety and connectivity – Canada NewsWire

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  • Real-time service information, personalised updates, reduced commuting times, improved safety in public spaces and access to reliable wireless networks are drivers of increased rail use.
  • Four in five rail users (81%) are at least somewhat comfortable with their anonymised data being used to improve transport systems.
  • Research suggests that advanced mobile networks and smart technology will be critical factors in restoring commuter confidence in public transport use in the post-pandemic world.
  • Survey respondents believe 5G has the potential to improve the commuting experience from both a user and transport service perspective.

SYDNEY, Sept. 9, 2020 /CNW/ — BAI Communications, a global leader in communications infrastructure, today published a new report revealing current widespread support and a growing demand among rail users for transport authorities and operators to invest in 5G networks to enable smart city services that help them stay safe and connected.

The 2020 Connectivity outlook report by BAI Communications highlights the opinions and attitudes of rail users around the world regarding mobile connectivity, smart city infrastructure and data-driven services in public transport. It is informed by a recent global study commissioned by BAI, which surveyed over 2,400 rail users across five cities: Hong Kong, London, New York, Sydney and Toronto. BAI’s report is designed to help cities and governments understand the changing needs of rail users and the services that are valuable to them today.

Rail users want to see advancements in infrastructure. According to the survey, 91% of current rail users say they would support government authorities investing in new and reliable wireless and fibre networks and 83% say they support their city investing in 5G.

Attitudes towards the use of public transport are also influenced by technology investment. According to BAI’s findings, 95% of rail users are more likely to use the rail network in their city if technology-driven solutions were implemented. In addition, 9 out of 10 (89%) rail users think the government should consider how networks and digital connectivity can be used to redesign public spaces to make them safer and more accessible.

These findings suggest that citizens in the five cities covered in the global survey understand that advanced mobile networks provide benefits at both an individual level and to the broader public.

Leveraging rail users’ data to create transport efficiencies in the age of COVID-19

This study was conducted in the early stages of the COVID-19 pandemic, and while the full impact on public transport remains to be seen, these findings offer valuable insight and direction for transport operators and authorities grappling with the shifting priorities created by the evolving pandemic. Specifically, the need to invest in smart solutions that support connectivity and personalisation while alleviating concerns around public health and safety.

BAI’s findings show that citizens are increasingly understanding the benefits data can offer to enhance transport services in terms of reliability, safety and security. Four in five rail users (81%) are at least somewhat comfortable with their anonymised data being used to improve transport systems, while three quarters (75%) of commuters believe an evolved rail network would provide them with benefits to their wellbeing.  

Justin Berger, Chief Strategy Officer, BAI Communications, said: “Our findings highlight the incentives for transport authorities and operators to invest in advanced communications infrastructure and smart city applications to improve rail users’ safety and their commuting experience.

“Citizens certainly expect public services such as transport to adjust to their new usage patterns and changing circumstances in real time, especially in the wake of the COVID-19 pandemic. Advanced communications networks and their applications can help authorities and public transport operators to respond to rail users’ new ways of travelling, working and living in a more efficient way.

“On a positive note, some transport operators are already starting to leverage anonymised mobile data to better understand users’ dynamic behaviour and to respond with different frequencies and availability of trains. Real-time mobile data can also help operators to better estimate platform crowding conditions, improve passenger flow management and to uncover new origin and destination patterns to deliver a service that prioritises safety and wellbeing.

“In this context where social distancing is a key consideration in crowded places, communications infrastructure is essential to the economic recovery of any major city. It is a critical consideration in how we design public spaces and how transport authorities and operators can ensure safe experiences for citizens accessing those spaces.

“COVID-19 has no doubt brought on many challenges. However, it has also revealed the considerable gains of deploying advanced communications infrastructure in transport systems and other public spaces. We believe there is no more pressing time than the present to making truly connected cities a reality.”

Key report findings 

Advanced network infrastructure is the key to a smart city

  • 91% of rail users would support government authorities investing in new and reliable wireless and fibre networks.
  • 85% of rail users are interested in 5G (and 83% support their city investing in a 5G network).
  • 93% of rail users would support transit systems which use connectivity to reduce commute times.

Data-driven services make transportation safer, smarter and more efficient

  • 95% of rail users would be more likely to use the rail network in their city if technology-driven solutions were implemented.
  • 91% of rail users are at least somewhat comfortable with the idea of receiving tailored alerts about problems or delays on their normal route.
  • Four in five rail users (81%) are at least somewhat comfortable with their anonymised data being used to improve transport systems. It seems anxieties around data collection are receding, as people better understand the benefits on offer.

Connectivity gives citizens control over their time, their work and their wellbeing

  • 4 in 5 workers (78%) would use public transport to get to meetings if they could reliably work on documents as they travel.
  • 9 in 10 commuters (90%) would enjoy the journey more if rail networks evolved using connectivity, data and AI so they could have better services.
  • 89% of rail users think their government should consider how networks and digital connectivity can be used to redesign public spaces to make them safer and more accessible.

For more information and to download the 2020 Connectivity outlook report, click here. This is the second benchmarking report of communications infrastructure in public transport conducted by BAI Communications. Read last year’s findings here.

SOURCE BAI Communications

For further information: Clare Dowswell, Media Relations (BCW), +61 450 731 372, [email protected]

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Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

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NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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