Smart railroad management uses data gathered by IoT-enabled sensors on railroad trains, switches and rails to optimize maintenance schedules and monitor train performance to prevent downtime and minimize delays.
Train delays, both passenger and freight, are a widespread and costly problem issue. One third of Amtrak trains experienced delays in 2018, costing $41.9 million per year. Even a five percent improvement would see $8.2 million in reduced costs and an additional $3.9 in increased revenue.
By implementing smart railroad management solutions, companies can predict and optimize maintenance schedules to minimize downtime and prevent unexpected equipment failures, as well as alert conductors to potential hazards or considerations.
Smart railroad management solutions work by tracking timing, vibrations and currents to monitor the performance of railroad equipment and sending alerts to things like rail defects and unexpected train behavior to bring human attention to potential performance issues.
Key Benefits of Smart Railroad Management
- Monitor for unexpected train behavior, like changes in speed or braking.
- Track train performance to identify potential issues with equipment before it causes delays.