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Fresh from being named one of Australia’s hottest start-ups, Sydney-based digital company Willow has launched Willow Rail, an offering designed to provide rail owners and operators with holistic insight into asset and operations of an entire rail network.
The product, launched today, was built in partnership with Strukton Rail and is the world’s first platform-based “digital twin” of a physical rail network.
Data from Strukton found the average heavy-haul failure results in 72 hours of disruption and a potential net operating loss of hundreds of millions of dollars.
Willow co-founder and chief product officer Dale Brett told The Australian that rail operations currently ran on hundreds of siloed and disconnected sources of information, resulting in slower response times and longer interruptions of service in Australia’s $9.7 billion heavy-haul industry.
“Once you’ve got a digital twin for an asset, it becomes a future-proofed asset,” he said.
“We can help rail networks move from 99.97 per cent uptime to 100 per cent uptime. It’s a guarantee. This represents a massive change for the industry. It’s all about reducing operating and maintenance costs.”
According to Mr Brett, Willow Rail gathers and integrates hundreds of sources of data from individual proprietary systems to provide a single view of a rail network, unlocking new and actionable insight to all levels of the business in real time.
The solution also features a custom-built mobile application that facilitates direct communication between maintenance teams and asset managers and features a GIS map for navigation within the rail network.
Mr Brett said Willow was in discussion with rail operators in Australia to bring the solution Down Under.
This article first appeared on www.theaustralian.com.au
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