Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  International Business Machines Corporation    IBM

INTERNATIONAL BUSINESS MACHINES CORPORAT

(IBM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

International Business Machines : Autostrade per l'Italia and IBM Announce an Innovative Autostrade 'IOT' Solution to Monitor and Manage Infrastructure in Real-Time Based on IBM Maximo

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/05/2019 | 08:03am EST

New solution integrates IBM artificial intelligence and will be deployed as a pilot by end of year with total coverage anticipated by 2020.

Autostrade per l'Italia (ASPI) today announced a new solution that integrates the latest IBM (NYSE: IBM) infrastructure monitoring and management technology designed to support operators in monitoring the condition of civil infrastructure, both in real-time and throughout the lifecycle of structures such as bridges, roads and tunnels.

The new digital platform will integrate inspection, structural monitoring and maintenance activities to allow for continuous monitoring of critical infrastructure. Mobile devices connected to the system will provide technicians who perform inspections with insights about the infrastructure they are managing, combined with access to project documentation that can help operators determine if and when maintenance should be performed. Automated workflow processes can be set up to track whether required activities have been successfully completed and required approvals have been given-allowing operators to manage the infrastructure and associated information in a shared and transparent way.

IBM - Autostrade IOT Solution

IBM - Autostrade IOT Solution

'Our intention is to create one of the most advanced infrastructure monitoring and maintenance systems in Europe, in line with the smart road principle defined by the Ministry of Transport,' said Autostrade per l'Italia managing director Roberto Tomasi. 'With the most advanced technologies-and the investment in research by our subsidiary Autostrade Tech-we aim to make efficiency and transparency the cornerstones to our mission of enhancing the security of critical infrastructure.'

'We all know how important bridges, tunnels and roads are for the daily life of every citizen. Many of these structures have been built at different times and with different materials. That's why IBM has decided to invest and leverage its advanced Artificial Intelligence and IoT technologies to help Autostrade per l'Italia improve the way these structures are monitored and managed,' said Enrico Cereda, CEO of IBM Italy. 'Autostrade per l'Italia's industry expertise combined with IBM's experience and investment in technology and research can be used to help improve maintenance processes and infrastructure management activities, assisting with the management, maintenance and control of critical infrastructure.'

The system combines 3D models of the monitored infrastructure with images taken in the field by technicians processed by AI, to classify which sections may require maintenance and suggest additional checks and physical inspections for the operator to evaluate.

The monitoring platform will communicate in real time with sensors installed on infrastructure, the number of which will grow progressively. This Internet of Things (IoT) technology will make it possible to create a centralized digital database containing all the regularly updated information on approximately 4,300 structures (bridges, viaducts, flyovers and tunnels) which are part of the network managed by ASPI.

The new system will be launched in Italy on a trial basis before the end of the year and will initially be tested on three viaducts: the Bisagno, on the A12 motorway in Liguria, the Romano and the Corvi, both on the A16 motorway in Puglia. The goal is for the technology to be implemented on all 1,943 major network structures by the end of 2020.

The second phase of the project, set to begin in mid-2020, is designed to support infrastructure maintenance activities-from design to operations, and from testing to execution-to flow through a single dashboard, giving operators a fully integrated view of activities.

The new ASPI system has been designed to immediately communicate with the 'Ainop' database, the interface used by the Ministry of Infrastructure and Transport for monitoring the safety status of all Italian infrastructure. As part of this collaboration, IBM - including IBM Research - will develop the solution in accordance with Autostrade Tech's instructions, based on IBM Maximo Enterprise Asset Management and Maximo Asset Monitor.

About IBM

For more information about IBM, visit: www.ibm.com

Media Contacts:

Lowell Eschen

Jenny Taylor

IBM Media Relations

IBM Media Relations

1-303-913-2569

1-310-849-0648

Lowell.Eschen@ibm.com

Jenny.Taylor@ibm.com

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTERNATIONAL BUSINESS MAC
01/17INTERNATIONAL BUSINESS MACHINES : Factbox - From Solar Cars to Fake Pork - Best ..
AQ
01/17SPORTS ANALYTICS MARKET TO GROW AT A : Top players are IBM, Oracle, SAS, SAP, Ta..
AQ
01/16INTERNATIONAL BUSINESS MACHINES CORP : annual earnings release
01/16INTERNATIONAL BUSINESS MACHINES : What the other papers say this morning
AQ
01/15Sabadell, IBM Sign Cloud Agreement
DJ
01/15INTERNATIONAL BUSINESS MACHINES : Banco Sabadell Signs Ten-Year Agreement with I..
PR
01/14INTERNATIONAL BUSINESS MACHINES : CHO Taps IBM Food Trust to Provide Insight on ..
PR
01/14INTERNATIONAL BUSINESS MACHINES : Broadridge Accelerates Hybrid Cloud Strategy w..
PR
01/14IBM : Joins LOT Network in Major Step to Promote and Protect Open Innovation
PR
01/14IBM : Tops U.S. Patent List for 2019
PR
More news
Financials (USD)
Sales 2019 77 024 M
EBIT 2019 12 398 M
Net income 2019 9 366 M
Debt 2019 54 294 M
Yield 2019 4,55%
P/E ratio 2019 13,1x
P/E ratio 2020 11,5x
EV / Sales2019 2,30x
EV / Sales2020 2,15x
Capitalization 122 B
Chart INTERNATIONAL BUSINESS MACHINES CORPORATION
Duration : Period :
International Business Machines Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTERNATIONAL BUSINESS MAC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 147,67  $
Last Close Price 138,31  $
Spread / Highest target 25,1%
Spread / Average Target 6,76%
Spread / Lowest Target -13,2%
EPS Revisions
Managers
NameTitle
Virginia M. Rometty Chairman, President & Chief Executive Officer
James J. Kavanaugh Chief Financial Officer & Senior Vice President
Sidney Taurel Independent Director
Shirley Ann Jackson Independent Director
Michael L. Eskew Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INTERNATIONAL BUSINESS MACHINES CORPORATION3.19%122 493
ACCENTURE-0.65%132 841
TATA CONSULTANCY SERVICES3.57%117 147
AUTOMATIC DATA PROCESSING, INC.3.74%76 531
VMWARE, INC.-0.28%62 044
INFOSYS LIMITED4.90%45 801