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In The News
Singapore’s second minister of Transport, Ng Chee Ming, in the speech that he gave at the Committee of Supply Debate, mentioned that his team would be making use of Big Data and Analytics. This use is basically in order to ensure the improvement of reliability of trains and also to help the public bus operators, in tracking the location of their buses. This move is made in order to make sure that the traffic flow in the country is smoothened, due to the availability of comprehensive data regarding traffic.
The minister stated, “In time to come, we will be able to integrate private transport data as well. Using Global Navigation Satellite System (GNSS) technology and through the in-vehicle units installed in all vehicles in Singapore, we will get aggregated, comprehensive and real-time on road traffic.”
This will greatly help in the improvement as many motorists will be provided with accurate traffic data, which in turn will assist them in deciding on the fastest and most congestion free route. It will also help in the development of the traffic light system in order to respond better, to various traffic conditions.
The minister also added that his government is well on its way for the implementation of a new technology. This is known as the Electronic Road Pricing System and will come into effect in the year 2020. This system will be based entirely on the GNSS technology and will smoothen the process of curation. It will help accelerate the collection of a lot of thorough real time, aggregated traffic data and dispense the same, effectively to car drivers and motorists.
The minister further stated, “This information gathered by the system, will also help the LTA (The land transportation authority), which will then be able to develop a more accurate picture of the real time traffic situation and intervene wherever it will find necessary to. This process will be further developed by adjusting all the timings of the traffic lights and ensuring the provision of traffic lights, with the priority of buses.”
This is another such accomplishment in the field of digital transformation of existing resources, all thanks to big data and analytics. While this is only government based, there are many other avenues with the help of which, analytics is reshaping the businesses take place across industries. Today, applications like Virtual Reality, Artificial Intelligence, and Internet of things are more than just capable of bringing in immense growth and development for the entire world. With this rapid change in the technological sphere, accelerating the rate of growth and development, we are steadily reaching a stage of thorough digitalization.
If reports are to be believed, then by the year 2020, almost all the companies and their well-being will begin to depend on their ability to create and bring about digitally enhanced services, products as well as experiences. No wonder then, in today’s day and age more and more people are looking to get professionally trained from Imarticus Learning, which provides courses in tools of Big data and Analytics.
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