Managing Emerging Technologies
The rail industry is increasingly adopting new and emerging technologies, some of which are being quickly assimilated into operations and others that will need to demonstrate a clearer cost-benefit before wider adoption. These changes are occurring at a time when existing technologies may be at, or nearing, the end of their life cycles, and in need of upgrading or replacement.
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There are terabytes of information being generated for internal use by Engineering, Mechanical and Operations Departments for health monitoring of infrastructure, signaling, track, and vehicles. Some of these data are generated by fixed wayside monitors to detect wheel condition and rail vehicle anomalies, and others onboard the train to measure track gauge, rail continuity, vehicle track interaction, and other critical measurements. In passenger rail, there is a need to provide information on train performance to operators, maintainers, and passengers on a near real-time basis. These train performance data inform both onboard passengers and down-line customers through smart Apps, passenger information displays, and traditional reservations and information systems.
Paladin Partners and our joint venture partners help senior managers identify and sort out what technology and data management investments make sense for your business. While ‘Big Data’ analytics may be daunting, management has to make decisions about how to process high volume (lots of data), high velocity (data arriving at high speed), and high variety (many different data sources and formats). In our experience, there is wealth of information collected but only limited use of the data and not enough data analysis and data sharing. We can help keep your technology investments effective and efficient.