Railway Maintenance going predictive? – or why you should not ask consulting firms

Since everybody with any useful degree, such as myself with a simple business degree, can raise his or her opinion about some basic mechanics, I can do that too, with this simple comment on a report that was recently published. Railway maintenance is a topic that is very dear to me, hence I often read … Continue reading Railway Maintenance going predictive? – or why you should not ask consulting firms

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Predictive Maintenance – selling snake oil to a gullible audience

We have reached now a computation power where machine learning algorithms can easily be applied across a spectrum of industries to resolve a huge variety of problems. While first successes are also published in the railway industry this also opens up the market for what I call "snake-oil-resellers". Companies or individuals that use publicly available models, claim … Continue reading Predictive Maintenance – selling snake oil to a gullible audience