ShipXpress Partners with SparkCognition to Deliver Predictive Analytics for Railcars
JACKSONVILLE, FL: Today smart cars have come into the way of railcars; to foster the uphold in this competitive world better management of rail cars has now become the need of hour. To this end ShipXpress, cloud-based supply chain software provider and SparkCognition, a cognitive security analytics company has entered into a strategic partnership.
With ShipXpress’ software solutions integrated with SparkCognition’s sophisticated award-winning Machine, rail shippers can now better manage their railcars by accurately forecasting which railcars have the highest likelihood of making a trip without any need for maintenance along the way.
SparkCognition’s patent-pending predictive algorithms automatically build models for each railcar based on the railcar’s history, mileage, previous routes, the distance being traveled, the time of year, seasonal environmental conditions, the speed of the train, and the load percentage of each individual railcar.
“We are excited to partner with SparkCognition and we look forward to delivering the results of this partnership to our customers. Together, we aim to change the way the railway industry deals with logistics and prognostics issues by enabling heightened efficiency and increasing effectiveness," says Raghu Misra, CTO of ShipXpress.