Fuel savings technologies, such as top-of-rail friction modifiers or solid stick wheel flange lubrication, offer the prospect of savings millions of dollars in fuel cost. At the same time the investment is also in the millions of dollars. Putting a…
Retail market or store testing has been a decision tool for many decades. But tests are often not conducted in a manner which produces reliable results. Care must be taken in the selection of test and control groups in making…
It may be said that predictive maintenance is the poster child for the "analytics of things." Preventing down time and reducing maintenance costs has been a successful use of data science for a long time. But sometimes there is…
This post is a companion to our previous post, Beyond Data Science: Industrial Engineering. The notion in that article was that there is more to analytics than just data science, the specific case being industrial engineering. For a long time…
'Tis the season of the mileage run. Some frequent fliers find themselves just short of qualifying for a particular elite status tier in an airline loyalty program for next year. In order to secure status, some will book cost-effective flights…
The applications of IoT data are many, as you can see here. The most touted application is predictive maintenance: foretelling when an asset such as a machine or component might encounter a fault, or fail outright. Sometimes we are not…