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Fly News Breaks for May 9, 2018
May 9, 2018 | 09:22 EDT
As previously reported, Dougherty downgraded Trimble to Neutral from Buy. Following the Q1 report and guidance, analyst Jon Fisher believes the period of double-digit revenue growht is over for this cycle and expects organic growth to decelerate toward normalized levels of 6%-8%.
News For TRMB From the Last 2 Days
Jul 17, 2018 | 06:34 EDT
Trimble announced that Chennai Metro Rail, or CMRL, operated by the Tamil Nadu State Government and the Government of India, will implement Trimble Nexala rail asset management solutions. Deploying the Trimble solutions will enable CMRL to improve its real-time status monitoring and analytics capability by accessing up-to-date fleet status, which can improve overall fleet availability and reliability while reducing costs and improving safety. Once implemented by Trimble and its Chennai-based partner KKM SOFT, the project will be one of the first examples of digital real-time, condition-based monitoring rolled out by an Indian rail operator. Solutions will include the Trimble R2M real-time remote diagnostics system and Trimble E2M engineering rail asset management system. Together, these systems will improve CMRL's ability to make data-driven decisions to determine its fleet's operational status, assist with the root cause analysis of faults, and streamline maintenance planning and execution. Trimble R2M will process diagnostic data from CMRL's Alstom rolling stock in real time for a view of overall fleet status including specific and potential vehicle faults. The system provides an overview by identifying the condition of key components using data from the train and also wayside hot-axle box detectors to report on warnings or faults. CMRL will use the system to optimize maintenance and reduce costs by performing maintenance when needed rather than after a fixed interval.
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