iGloble making waves with cutting-edge Predictive Analytics

The SaaS platform by iGloble Software Solutions for connected vehicles enhances operational efficiency, reduces overheads and predicts a number of scenarios to diminish downtime for fleet owners and increase RUL. Dr. Amit Shekhar, Founder & CEO, iGloble Software Solutions, talks to Sarada Vishnubhatla about what gives iGloble a distinctive edge in predictive and prescriptive analytics.

- Sarada Vishnubhatla

Headquartered in New Delhi and with a presence in Pune in India, Hong Kong, and the US, iGloble Software Solutions has developed an open architecture SaaS based Connected Platform that offers various modules that enable predictive analytics scripted solutions across multiple verticals. These solutions offer operational and engineering efficiencies, cost reduction, safety and security management. iGloble’s iotaSmart Solutions are driven by artificial neural networks (ANN) as part of Artificial Intelligence (AI) and Machine Learning (ML) by creating a digital twin that can be used by fleet owners and operators, tier-1 manufacturers and OEMs in virtual designing, testing and simulation.

Data derived from various types of IoT devices installed in vehicles is managed, cleansed and transformed into a format that is analyzed using master data management, a technology-enabled discipline that works with business and information technology. The elements or variables are simulated for predictive analytics, and the output pushed onto customized the dashboards for decision making with the goal of lower down time, optimized fuel consumption, mapping and predicting driver behaviour, for enhanced safety and reduced operational costs. The data is also used to calculate the remaining useful life (RUL) of components the vehicle as well as for virtual design and testing.