ABB Survey: IoT Could Be Key to Asset Management in Rail

A survey conducted by ABB, a global technology company in power and automation serving utility, industry, and transport and infrastructure customers, shows that asset management facilitated by the integration of information technologies (IT) and operational technologies (OT) is a key to meeting the financial and operational goals of major rail operators.

Survey respondents, approximately 200 rail senior executives, said integration of IT and OT apps would be valuable in better connecting disciplines across the enterprise, and that long term-planning, including a better understanding the health of existing assets, is a key consideration in their asset management efforts.

"This is an ideal use case for the Internet of Things, Services and People (IoTSP): for example, more sensors and more wireless communications are generating up-to-date information which can be leveraged for asset maintenance and replacement planning," said Massimo Danieli, Managing Director of ABB's Grid Automation business unit within the Power Grids division.

To download the full survey report, which was conducted in collaboration with Microsoft, check out the press release.

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