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Technology Stocks : Splunk
SPLK 156.900.0%Sep 4 4:00 PM EDT

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From: JakeStraw4/22/2014 9:03:36 AM
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Splunk Software Helps New York Air Brake Provide the U.S. Railroad Industry Potential to Save $1 Billion
finance.yahoo.com

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.

“NYAB and Splunk’s work together provides a real and practical glimpse into the promise that data from the Internet of Things holds for organizations,” said Tapan Bhatt, vice president, business analytics, Splunk. “Splunk customers often thrill us with the innovative ways they use our software, and NYAB’s idea to collect and analyze sensor data from thousands of on-board and wayside sensors to create safer, more efficient railways is genius. NYAB, along with other Splunk customers that use our software for real-time sensor data insights, demonstrates the broad applicability of Splunk’s industry leading machine data platform and its potential to deliver significant business value.”
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