Leading Companies
In 2020, IBM, a technology company, launched the IBM Sterling Supply Chain Suite which incorporates predictive analytics capabilities. The suite enables businesses to optimize their supply chain operations, enhance visibility, and predict disruptions, thereby improving transportation planning and logistics management.
In 2021, Siemens Mobility, a railway company, launched its predictive maintenance system for rail infrastructure. This solution combines predictive analytics and simulation to monitor the condition of railway assets, predict maintenance needs, and optimize maintenance schedules, resulting in increased availability and reliability of transportation systems.
In 2021, Cubic Transportation Systems, a subsidiary of Cubic Corporation, unveiled its "NextTraffic" platform. This platform utilizes predictive analytics and simulation algorithms to optimize traffic signal timings and improve the flow of vehicles. It leverages real-time data from connected vehicles and other sources to dynamically adjust signal timings and reduce congestion on road networks.
In 2021, PTV Group launched its "Optima" platform, which combines predictive analytics and simulation capabilities to optimize traffic management and transportation operations. The platform uses advanced algorithms to forecast traffic conditions, identify potential bottlenecks, and recommend optimal strategies for traffic management, leading to improved efficiency and reduced congestion.
Global Transportation Predictive Analytics And Simulation Market: Key Companies Insights
The key companies involved in the global transportation predicative analytics and simulation market are Cubic Corporation, T-Systems International GmbH, IBM Corporation, Tiger Analytics Inc., PTV Group, Cyient-Insights, Xerox Corporation, Predikto Inc., SAP AG, and Space-Time Insight.
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