(Alliance News) - Almawave Spa and DITECFER, the District for Railway Technologies, High Speed and Network Safety that groups more than fifty Italian companies and research organizations to date, announced Wednesday that they have signed a strategic agreement for the application of Artificial Intelligence in the railway industrial supply chain.

The collaboration marks an important step forward toward the innovation and modernization of the Italian railway ecosystem thanks to an increasingly effective use of data and information aimed at all operators in the sector, based on knowledge of its specific characteristics, according to a company note.

In detail, the agreement between Almawave and DITECFER focuses on the development of innovative Use Cases, which aim to help transform the railway sector with Artificial Intelligence, introducing new levers of effectiveness, efficiency, safety and quality of processes.

"For years our company has been investing in Artificial Intelligence technologies in Italy and is familiar with their application in the specific context of Transportation, also thanks to synergies with the parent company Almaviva, among the world leaders in the sector. Together, we aim to create a safer, more efficient and innovative railway ecosystem, making our country an example to look up to internationally," commented Valeria Sandei, CEO of Almawave.

Almawave is up 1.6 percent to EUR4.49 per share.

By Claudia Cavaliere, Alliance News reporter

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