This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Splunk Software Helps New York Air Brake Provide The U.S. Railroad Industry Potential To Save $1 Billion

Splunk Inc. (NASDAQ:SPLK), provider of the leading software platform for real-time operational intelligence, today announced that New York Air Brake (NYAB) is using Splunk® Enterprise to index, monitor, analyze and visualize sensor data from more than 5,000 locomotives, leading to safer railways and significant cost savings for U.S. rail companies. Splunk software is being used by LEADER®, NYAB’s advanced train control system that alerts engineers about ideal driving conditions and defines better driver strategies to save money. NYAB reports that the system gives the U.S. railroads the potential to save up to $1 billion in fuel and other costs. Watch the New York Air Brakes video and read the case study to learn more about NYAB’s ride with Splunk software.

“Splunk software significantly enhances LEADER’s capabilities to help railroads improve safety while also uncovering massive savings. Our customers have the potential to save a combined one billion dollars a year in fuel and other costs,” said Greg Hrebek, director of engineering at NYAB’s Train Dynamic Systems Division. “With Splunk Enterprise, we can capture a variety of sensor data right off the rails in real time, then analyze and correlate it to discover hidden ways to define the best driver strategies. This might range from warning an engineer to back off the throttle five percent to increase fuel efficiency or alerting an engineer that gravitational forces threaten to create a dangerous situation a few miles down the track. This is the Internet of Things at its finest.”

NYAB leverages Splunk software to analyze train forces, fuel activity, engineer driving behavior, rail track topography, weather conditions and other key performance perimeters that deliver real-time and historical insights for improved train safety and performance optimization. Currently in operation with a number of Class I railroads, NYAB reports that its LEADER system is delivering fuel savings in the range of eight to 12 percent, amounting to a tremendous reduction in fuel budgets, emissions, and maintenance for the railroad companies.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs