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Siemens makes investment in Wi-Tronix

Wi-Tronix is a provider of remote monitoring, video analysis and predictive diagnostic systems for rolling stock and rail infrastructure, making critical data available to operators in real time through its Software as a Service (SaaS) solution. Worldwide, approximately 12,000 locomotives – primarily in the U.S., Canada, Mexico, and Australia – are equipped with Wi-Tronix technology and connected with SaaS-based solutions. Among them are the 70 electric Siemens ACS-64 locomotives operated by Amtrak, the American passenger service corporation.
"Wi-Tronix is a leading innovator in real-time monitoring for rail," explained Johannes Emmelheinz, CEO of Customer Services at Siemens Mobility Division, "The company has profound expertise in key technologies such as video analysis, providing unique information for both real-time and predictive applications. Partnering with developers of exceptional technologies is a key part of our strategy to deliver expansive digital services for predictive maintenance."
"We were very deliberate in seeking the ideal partner to work with," stated Larry Jordan, President and Chief Technology Officer (CTO) of Wi-Tronix, "Siemens shares our commitment to improving the world by making the transportation of people and goods safer, more reliable, and more efficient. This requires rail operators to have access to critical data which supports both real-time decisions and predictive maintenance. With their global reach and resources, we will accelerate development of our products and expand our footprint to serve customers across platforms around the world."
Siemens operates a worldwide network of Mobility Data Services Centers to analyze masses of data that is continually collected from hundreds of sensors and controllers in trains, locomotives and rail infrastructure. On the basis of these analyses, early forecasts of system failures are made and recommendations for acute or scheduled maintenance are sent to technicians in the Siemens depots as well as to the operators.

This press release is available at: www.siemens.com/press/digitalservices
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
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Contact

Ellen Schramke

Siemens AG

Nonnendammallee 101
13629 Berlin
Germany

+49 (30) 386-22370