Giving railways insight in their revenue streams and cost of operations

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Railway Operating Companies (ROC) are facing challenging times; passenger number increases each year while investments to increase capacity take several years before they are realized. On top of that, the government has dictated that ROC must reduce their operating costs by 30%. This means that ROC need to deploy their resources as efficiently as possible to assure ever increasing quality of service with less resource. A single interactive QlikView dashboard that incorporates revenue streams, operating costs and vehicle schedules gives users the tools they need to optimize their existing and future offering.

Our solutions have helped:

• Provide deep insight into revenue streams, passenger flows and operating costs
  
  
• Realise a holistic view of all operations with easy drill down to train level
  
  
• Optimise existing offerings by analysing productivity of personnel and usage of material
  
  
• Realise government imposed cost reduction plans

For Railway Operators, it has always been challenging to get a holistic view of the cost of their operations combined with the revenues from ticketing. This information is often held in different databases and systems, and although it is possible to get an overall view of their operations, this can be a very labour intensive and time consuming exercise, and even more difficult to zoom in on one specific line or one specific train to analyse their revenue/cost ratio.

Historically, railway operators have not had the tools to pull together the measures of performance and have had to resort to basic measures such as average cost per train kilometer. This does not take into account the productivity of the personnel, the cost of energy inter-day fluctuation and many other key factors.

QlikView offers the solution for these problems; this tool allows users to combine the information from different databases into one comprehensive view without having to resort to expensive data warehouses. If you select a train, you can immediately see passenger numbers, the productivity of the crew and the vehicle schedule for the rest of the day. This is presented in a visually appealing, user friendly intuitive interface.

QlikView doesn’t only allow the user to eliminate unprofitable trains it also gives managers the means to optimise their existing offerings along with the possibility to simulate changes in the schedule and more importantly, see the predicted outcomes, instantly identifying the impact on the total revenue and cost-streams.
The results of a Western-European train operator are impressive; they recently announced a cost reduction plan of over 10 million euros based on the inefficiencies of specific trains identified by this model.

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More Information

To organise a demo, or for more information on our Railway application please get in contact: enquiries@projectbrokers.com

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