Bringing Artificial Intelligence to the Rail Industry - Dataconomy

Within the rail industry, anything which helps keep trains moving, avoiding operational delays and improves customer experience, is worth pursuing. Many OEMs are now investing significant resources into one of the most valuable and potentially rewarding currencies in business: Big Data. In rail, and specifically when it comes to rolling stock maintenance, big data is synonymous with Condition Based Maintenance (CBM) and Predictive Maintenance (PM). Thanks to the rapidly expanding scale of manufacturing and asset maintenance industries, they are now adapting to the wider applications of advanced algorithms on consumer generated big data. Though CBM and PM are commonly adopted practices in rail industry, the scope of CBM is far wider than that of PM.