The agreement enables both companies to continue servicing their customers independently from each other while evaluating ways to combine their core strengths to deliver enhanced value on specific mutual projects.

Both companies say they intend to accelerate developments in rolling stock analytics, including bogie monitoring, to ensure higher fleet availability and cost optimisation and accelerate value creation for operators and owners.

Perpetuum’s bearing health index and wireless vibration harvester node will be deployed on a series of Siemens fleets starting in 2019. Its existing condition apps for axle bearings, wheels, gearboxes, motors, track and ride are also envisaged to be made available via Railigent as part of a subsequent cooperation among both companies.

Perpetuum and Siemens Mobilty also intend to develop joint analytics for other assets and features for Railigent to ensure a seamless improvement of the new apps.

“We are delighted to be working with Siemens Mobility,” says Perpetuum’s commercial director, Mr Justin Southcombe. “We feel confident that this collaboration will help the railway market evolve into the digital age and change some of the fundamental principles in the railway industry.”