Predikto, Inc. announced on July 14, 2015 a new collaborative effort, where New York Air Brake, Inc. (NYAB) will incorporate the company’s auto-dynamic predictive analytics platform, MAX, into its LEADER (Locomotive Engineer Assist/Display & Event Recorder). advanced train control technology solutions via its internet of things (IoT) initiative.
NYAB, a subsidiary of the Munich, Germany-based Knorr-Bremse Group, an innovation leader and supplier in the rail industry since 1890, will integrate a new predictive analytics component to its Advanced Train Control Technology solution, LEADER. The mutually developed solution will now leverage a suite of predictive analytics software applications engineered by Predikto, Inc. Predikto’s patent pending solution, called MAX, in an auto-dynamic machine learning engine that draws upon LEADER train data, in addition to capturing data external to the train itself, such as weather and line of road conditions. MAX is a self-learning artificial-intelligence solution that adapts itself to rapid changes in context in near real-time in order to provide the most accurate forecasts possible across an array of use-cases.
“Integrating predictive analytics with the rich train information from LEADER will allow the railroads to utilize their data to proactively identify opportunities to improve operating efficiency and rail safety,” said Mario Montag, CEO of Predikto. “Partnering with a premier technology company in the rail industry, such as New York Brake, will allow Predikto’s award-winning platform to make a defining impact on the rail industry.”
The predictions provided by MAX will enable new and existing users to incorporate advanced data analytics to enhance the capabilities currently available through LEADER, Predikto said. Predikto’s MAX platform has already proven successful within the rail industry through forecasting failures and health in rail equipment ranging from bullet trains in Europe to wayside detection equipment in North America. This partnership, Predikto said, will allow for the deployment of dynamic predictive capabilities that include a locomotive energy efficiency forecaster, a braking efficiency forecaster and track health. “The LEADER/MAX solution is poised to revolutionize the rail industry by providing advanced insight to improve velocity and operating efficiency,” the company said.
“You can have data without information, but you cannot have information without data. Predikto’s MAX allows us to extract every bit of information and turn it into actionable insights that will improve visibility into operations, provide innovative solutions to improve safety, and provide clarity into the critical maintenance and performance indicators that impact the bottom line most,” states Greg Hrebek, Director of Engineering for NYAB. “The capability offered between us through this collaboration is unprecedented in the rail industry and will rapidly accelerate the value of the investment the railroads have made into locomotive onboard intelligence.”