OpenText Analytics Enables Data-Driven Maintenance for Leading Braking Systems Manufacturer with Powerful and User-Friendly Analytics
WATERLOO, Ontario, March 22, 2017 /CNW/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that Knorr-Bremse Group, the world's leading manufacturer of braking systems for rail and commercial vehicles, has deployed OpenText Analytics to enable intelligent fleet management and condition-based maintenance. With OpenText Analytics, Knorr-Bremse's customers can make predictive, data-driven decisions resulting in more efficient and cost-effective repairs.
Munich-based Knorr-Bremse has pioneered the development, production, marketing and servicing of state-of-the-art braking systems since 1905. Knorr-Bremse's iCOM (intelligent Condition Oriented Maintenance) platform brings digitization to the rail business, connecting wireless-enabled sensors aboard trains to a back-office cloud-based network, using an Internet of Things model. This platform transmits detailed data that can help predict repair and replacement needs. The iCOM platform required a powerful and user-friendly analytics component to enable the analysis of the data received to help users make data-driven decisions.
"Our customers wanted the ability to perform greater analysis of their data," said Martin Steffens, project manager and software architect at Knorr-Bremse. "With data being continually collected, the volumes across a fleet are significant. Customers wanted the ability to visualize the data through interactive graphical dashboards, reducing the reliance on IT to create new reports. OpenText Analytics provided the perfect fit to embed into iCOM."
Knorr-Bremse selected OpenText Analytics for its superior built-in graphical design studio, dashboard capabilities, speed of development, and usability. The modular architecture allowed for seamless embedding within the iCOM platform, saving valuable development time and providing quicker time-to-value for Knorr-Bremse.
The OpenText Analytics platform offers a customer-centric overview that supports all iCOM's central maintenance processes, and is flexible enough for both on-premises and cloud deployments. On-board sensors report data on factors such as steering systems, energy consumption and air supplies, and deliver information to users on areas such as maintenance cycles, materials requirements and running costs. Users can access optimized standard reports or run ad hoc queries to best suit their needs in a self-service environment.
"Our customers can now analyze their data to understand why, when and even where something happens," said Dirk Seckler, global head of sales at Knorr-Bremse. "For example, using OpenText Analytics, we can provide heat-maps of condition-based events, such as overheating brakes on a specific incline. This helps our customers put measures in place to reduce component failures, extending component life, and ultimately saving money."
OpenText Analytics makes data-driven applications simple, providing enterprise applications that are personalized to meet the data needs of any industry, on any platform, for any device. To learn more about OpenText Analytics, visit http://www.ot.co.uk/what-we-do/products/analytics.
About OpenText
OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's blog
About Knorr-Bremse
Knorr-Bremse is the leading manufacturer of braking systems and supplier of additional sub-systems for rail and commercial vehicles, with sales totaling approximately EUR 5.5 billion in 2016. Some 25,000 employees develop, manufacture, and service braking, entrance, control, and energy supply systems, HVAC and driver assistance systems as well as powertrain-related solutions. Ever since 1905 the company has been pioneering new technologies that make a crucial contribution to improving road and rail safety. Every day, more than one billion people around the world put their trust in systems made by Knorr-Bremse.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright ©2017 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: http://www.opentext.com/who-we-are/copyright-information.
SOURCE Open Text Corporation
Further information: Jeff Neal, OpenText, +1 (925) 600-5114, [email protected], http://www.OpenText.com
Share this article