The UK rail industry has seen significant advances during the last 20 years including improved services and increases in passenger numbers and freight traffic. There is demand for more development as rail offers much needed transport solutions with environmental, cost, performance and efficiency advantages.
The rail sector and the government have created a fund (up to £16m in Year 1) together with a range of capabilities to sponsor and promote innovation leading to significant leveraged benefits for the industry and customers - the Rail Innovation Team.
The team will be at the forefront of bridging the gap between solutions providers, industry implementers and investors and will provide a cohesive set of enabling services and activities, through collaboration, to connect rail industry challenges with innovative solutions.
The team will work closely with parties across the industry including rail businesses and operators, rail industry suppliers, research and development functions, asset managers and regulatory activities to enable faster technological, operational and process innovation. It will have its own identity but be hosted by the Rail Safety and Standards Board (the employer) with strategic and operational direction from the rail industry’s Technical Strategy Leadership Group and Rail Delivery Group.