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Railroad Network Safety and Business Intelligence System for Hazardous Materials

Hazmat incidents can significantly shape how the public perceives the risks from transporting dangerous goods over rail while drawing media and regulatory scrutiny, and impacting a railroad’s operations, safety performance record, and reputation.

Does your railroad understand where the risks of hazmat release are concentrated in your network? Can your railroad measure how these risks are changing over time? Did your railroad’s safety investments directly address the most critical network locations with heightened safety risks? How well is your railroad’s portfolio of strategies performing for reducing these risks?

SMARTER Hazmat™ is an innovative and customizable solution to address these needs. SMARTER HazmatTM helps you evaluate, monitor, and mitigate dangerous goods risks and helps you prioritize railroad safety investments and operating practices. Any railroad can use this big data-driven, quantitative framework to measure and track systemic hazmat safety risk as well as pinpoint localized and recurring risk hotspots – so you know where and when to act. By measuring and monitoring network-wide risk through its industry-vetted methodology, SMARTER Hazmat™ advances a railroad’s safety strategy with next generation decision-making capabilities to efficiently allocate safety investment budgets, ensure defensible compliance, and realize improvements in safety performance and drive competitive edge.

Support Critical Business Functions

SMARTER Hazmat™ can be tailored and deployed for supporting two critical business functions at a railroad: (1) Service Design: Proactively incorporate hazmat safety risks into railroad operational planning and evolve into a railroad powered by risk-based service design to generate routing alternatives that optimize operational feasibility and minimize risk simultaneously. (2) Network Safety and Strategy: Devise and support your plans for safety investments with data-driven decisions, precisely target infrastructure upgrades and application of new technology, and alleviate network-level hazmat risks to drive competitive advantage and demonstrate commitment to improving safety performance.

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Enterprise-Wide, Next-Generation Solution

FACTOR’s SMARTER Hazmat™ is the enterprise-wide, next-generation solution that railroads need for strategically enhancing overall network safety by assessing hazmat safety risks and optimizing the selection of safety investments for mitigating risks over time.

 

The tools we applied.

SQL Server Spatial

Microsoft’s SQL Server database environment supports both geographic and projected data types and can support a wide range of geoprocessing functions directly in the database.

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Quantitative Risk Assessment

A formal estimation of the quantitative risks for a given set of parameters that considers the potential consequences from a hazard and likelihood that those consequences would be realized. This is contrasted with qualitative risk assessment, which uses a relative assessment of risks at a generalized level.

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