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
TheStreet Open House

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs