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Cordel Group PLC - London-based transport corridor analytics platform - Releases its ’PTC Asset Connect’ positive train control system. The product uses multimodal artificial intelligence to automatically detect and locate trackside assets, ‘significantly reducing labour costs and human error in the asset inventory processes’ by eliminating the need for more time-consuming manual surveys. Says it locates assets with ‘unprecedented automation and accuracy’. ‘Railways can ensure compliance with PTC requirements and improve overall asset management efficiency with access to a comprehensive, up-to-date database,’ Cordel adds. Chair Ian Buddery comments: ‘We are immensely proud of our world-class software engineering team, who have delivered this major development on time and budget, with the unique and complex innovation of multimodal AI, an industry first. Our ability to respond to technical challenges and deliver large-scale data processing reliably and efficiently places us at the forefront of our industry.’ Current stock price: 6.50 pence, down 1.9% 12-month change: up 41% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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