Teradata Accelerators help put IoT on the fast track | CIO – CIO

August 25, 2016 Facebook Twitter LinkedIn Google+ Uncategorized

For years, analytics specialist Teradata has been helping companies like Union Pacific Railroad make sense of sensor data and to integrate that data with its business processes. But that was just the tip of the iceberg. Chad Meley, vice president of Marketing at Teradata, says today’s internet of things (IoT) innovations are poised to rewrite the playbook in manufacturing, transportation, mining, energy and utilities.

“We really see IoT being at a tipping point,” Meley says.

And Teradata plans to leverage its experience with companies like Union Pacific to help others make the leap. The company today announced four new services — combinations of technology-agnostic intellectual property and professional consulting services — aimed squarely at helping organizations transform sensor data streams into revenue streams.

The 154-year-old Union Pacific Railroad company is the largest railroad network in the U.S., operating 8,500 locomotives hauling freight over 32,100 route-miles of track in 23 states. With that many trains running over that much track, derailments are more or less inevitable. They can cost between $20 million and $40 million in damages.