Larsen And Toubro-Baked IT-Software Company to Transform Railway Safety with AIPowered TrackEi

In Q3, DIIs have increased their stake from 13.72 per cent in September 2024 to 14.30 per cent in December 2024.

L&T Technology Services Limited (LTTS) has introduced TrackEi™, an AI-powered railway track inspection solution designed to revolutionize rail safety and maintenance. Leveraging the NVIDIA Jetson™ platform for edge AI and robotics, TrackEi™ delivers real-time defect detection, enabling predictive maintenance and significantly enhancing the safety of rail networks globally. This innovation addresses the limitations of traditional manual or slow trolley-based inspections, which are often time-consuming and prone to missing critical flaws. TrackEi™ automates high-speed inspections at over 60 miles per hour, utilizing advanced cameras and laser profiling to identify various defects, including broken rails, cracks, and track misalignments.

TrackEi™'s capabilities are significantly enhanced by the NVIDIA Jetson™ platform, which provides the necessary high-performance AI computing and sensor processing. This enables the system to process massive amounts of high-speed image data on the fly, reducing reliance on cloud connectivity. The solution performs complex machine vision tasks with high accuracy, even in variable lighting and weather conditions, thanks to stroboscopic lights. Moreover, TrackEi™ continuously learns and adapts from real-world data, ensuring sustained performance improvement. Key differentiators include real-time defect detection through AI-driven algorithms, predictive maintenance by aggregating inspection data, a scalable edge-based architecture reducing latency, seamless integration with existing railway systems, and enhanced safety and sustainability through early defect detection and optimized maintenance.

The product offers several key features that set it apart. It provides real-time defect detection, predictive maintenance, a scalable edge-based architecture, seamless integration, and enhanced safety and sustainability. By analyzing video feeds and sensor data in milliseconds, TrackEi™ provides immediate alerts for anomalies. Over time, it aggregates inspection data to provide intelligent predictions for maintenance needs, minimizing downtime. Built on NVIDIA Jetson™, the system operates at the network edge, reducing latency and bandwidth requirements. It can be easily retrofitted onto existing rolling stock and integrated into standard railway management systems. Furthermore, by detecting defects early and optimizing maintenance schedules, TrackEi™ contributes to safer journeys and reduced fuel consumption.

TrackEi™ is the result of LTTS’s ongoing collaboration with NVIDIA, which includes the establishment of an AI Experience Zone at LTTS. This partnership underscores LTTS’s commitment to driving innovation across industries through advanced AI technologies. The TrackEi™ solution has undergone initial trials with Class-I Railroad customers and is currently undergoing rigorous testing and evaluation at MxV Rail in Pueblo, Colorado, under the supervision of Dr. Anish Poudel and his research team. MxV Rail, a subsidiary of the Association of American Railroads, is providing critical validation for the solution, ensuring its reliability and effectiveness in real-world railway environments.

L&T Technology Services (LTTS), a Larsen & Toubro subsidiary, is a global engineering and technology services leader, providing design, development, and testing. Focused on Mobility, Sustainability, and Tech, LTTS serves numerous Fortune 500 and top ER&D companies across diverse industries. With over 23,460 employees in global design centers and innovation labs, LTTS maintains a strong international presence.

The shares of the company have an ROE of 26 per cent and an ROCE of 33 per cent. The company has been maintaining a healthy dividend payout of 41.7 per cent. In Q3, DIIs have increased their stake from 13.72 per cent in September 2024 to 14.30 per cent in December 2024. Investors should keep an eye on this multibagger IT stock.

Disclaimer: The article is for informational purposes only and not investment advice.