Mentions of cloud computing in the documents of railway companies decreased by 41% between the third and fourth quarters of 2021.
Overall, the frequency of cloud computing convictions in 2021 was 119% higher than in 2016, when GlobalData, from which our data for this article was taken, first began tracking key problems mentioned in company documents.
When companies in the railway industry publish annual and quarterly reports, ESG reports and other documents, GlobalData analyzes the text and identifies individual sentences that relate to the destructive forces that companies face in the coming years. Cloud computing is one of these topics – companies that stand out and invest in these areas are considered to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.
Two measures have been calculated to assess whether cloud computing is more integrated into the summaries and strategies of companies in the railway industry. First, we looked at the percentage of companies that mentioned cloud computing at least once in their applications in the last twelve months – this is 36% compared to 16% in 2016. Second, we calculated the percentage of total sentences analyzed that refer to cloud computing .
Of the top 10 employers in the railway industry, Post Italiane is the company that relies on cloud computing the most in 2021. GlobalData identifies 35 sentences related to the cloud in the documents of the Italian-based company – 0.3% of all sentences. Yamato mentioned cloud computing in second place – the problem was mentioned in 0.15% of the sentences in the company’s documents. Other leading employers with high cloud references include FedEx, Kuehne + Nagel and UPS.
In all companies in the railway industry, the documentation published in the fourth quarter of 2021, which shows the greatest emphasis on cloud computing, comes from Uber. Of the 1306 sentences in the document, six (0.5%) relate to cloud computing.
This analysis gives an approximate indication of which companies are focusing on cloud computing and how important the issue is in the railway industry, but there are also limitations that need to be interpreted carefully. For example, a company that mentions cloud computing more regularly is not necessarily evidence that it is using new techniques or prioritizing the problem, nor does it indicate whether the company’s cloud computing endeavors have been successful or unsuccessful.
GlobalData also categorizes mentions of cloud computing into a series of subtopics. Of these sub-topics, the most frequently mentioned topic in the fourth quarter of 2021 was “software as a service”, which accounts for 100% of all mentions of cloud sub-topics by companies in the railway industry.