FREEIntroduction to Uptime Elements Reliability Framework and Asset Management System

Munich - June 23, 2017

  • Siemens Mobility Division further expands digitalized service and maintenance business
  • MRX Technologies provides condition monitoring for rolling stock and rail infrastructure and inspection systems for rail networks
  • MRX Technologies will operate in the Mobility Division as a legally independent affiliated company of Siemens AG

Siemens acquires the MRX Technologies Group, headquartered in Perth, Australia, and is further expanding its offering in the field of predictive maintenance based on digitalization. The Group is comprised of JRB Engineering Pty Ltd., MRX Technologies Ltd., MRX Rail Services Pty Ltd. and MRX Rail Service UK Ltd. The parties agreed not to disclose financial details of the acquisition. The acquired company will be managed as a legally independent firm within the Siemens Mobility Division. Closing of the transaction is expected early in July.

The MRX Technologies Group has been offering services for manufacturers and operators of rail systems since 1996. The company has a comprehensive portfolio for the digitalized condition monitoring of rolling stock components and rail infrastructure. It delivers extensive measurement data used to optimize the maintenance of rail systems and make them more cost-efficient.

"Siemens is focusing on condition-based and predictive maintenance. The digital monitoring of components and systems combined with the analysis of the resulting Big Data by our system experts enables these experts to spot sources of problems at an early stage. With the MRX Technologies Group, we are gaining a highly competent partner for collecting a full spectrum of measurement data related to rail systems – as the basis of our central diagnostics system," says Johannes Emmelheinz, CEO of Siemens' rail service business.

"Our goal is to offer our customers even higher system availability. We are combining the digitalization of service-relevant data with the data analytics system and expertise of Siemens making a unique offering in the industry. Together, we will lead the rail industry into the digital future," says Jim Blair, Shareholder and Managing Director of the MRX Technologies Group.

The predictive maintenance of rolling stock and rail infrastructure is gaining in importance. Operators today demand hundred-percent availability of their rolling stock and infrastructure, since failures cost money, cause delays and the annoyance of passengers, transport purchasers and freight customers. Rail operators are increasingly shifting responsibility for maintenance to the rolling stock manufacturers. As a result, orders for new rolling stock are often coupled with long-term maintenance contracts, at times extending to the end of the planned system lifecycle.

Siemens holds a leading position in the rail industry for supplying rolling stock, infrastructure and services from a single source. As the first company in the rail industry, Siemens operates a special center in Munich, Germany – the Mobility Data Services Center. Masses of data continually collected and transmitted from rolling stock and trackside equipment is analyzed in a central diagnostics system at this center. 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.

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.

Upcoming Events

August 8 - August 10, 2023

Maximo World 2023

View all Events
banner
80% of Reliabilityweb.com newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
DOWNLOAD NOW
Internet of Things Vendors Disrupting the Asset Condition Management Domain at IMC-2022

Internet of Things Vendors Disrupting the Asset Condition Management Domain at IMC-2022 The 36th International Maintenance Conference collocated with the RELIABILITY 4.0 Digital Transformation Conference [East]

Asset Management Technology

The aim of the Asset Management technology domain is to assure that IT/OT systems are focused on creating the value from the assets and that the business can deliver to achieve organizational objectives as informed by risk.

TRIRIGAWORLD AWARDS at MaximoWorld 2022

TRIRIGAWORLD AWARDS honors excellence in space optimization and facility management, A Reliabilityweb.com event to further advance asset management

IMC-2022 Who's Who: The World's Best Run Companies

The International Maintenance Conference (IMC) provides a fresh, positive community-based curated experience to gain knowledge and a positive perspective for advancing reliability and asset management through people, their managers, the strategy, the processes, the data and the technology. The world’s best-run companies are connecting the workforce, management, assets and data to automate asset knowledge that can be leveraged for huge beneficial decisions.

Uptime Elements Root Cause Analysis

Root Cause Analysis is a problem solving method. Professionals who are competent in Root Cause Analysis for problem solving are in high demand.

Reliability Risk Meter

The asset is not concerned with the management decision. The asset responds to physics

Why Reliability Leadership?

If you do not manage reliability culture, it manages you, and you may not even be aware of the extent to which this is happening!

Asset Condition Management versus Asset Health Index

Confusion abounds in language. Have you thought through the constraints of using the language of Asset Health?

Seven Chakras of Asset Management by Terrence O'Hanlon

The seven major asset management chakras run cross-functionally from the specification and design of assets through the asset lifecycle to the decommissioning and disposal of the asset connected through technology

Reliability Leader Fluid Cleanliness Pledge

Fluid Cleanliness is a Reliability Achievement Strategy as well as an asset life extension strategy