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IoT And Predictive Analysis’ Impact On Indian Transport Industry

The future of transportation in India, if it continues along the technologically-enlightened path that it has embarked upon, could be smoother and less chaotic in the near future.

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The 33 Red Buses of Glacier National Park, nicknamed “The Rubies of the Rockies,” on average, transport 60,000 tourist each summer.
The 33 Red Buses of Glacier National Park, nicknamed “The Rubies of the Rockies,” on average, transport 60,000 tourist each summer.

A report in the Wall Street Journal predicts that India’s combined workforce will increase by 12 million each month, making it the youngest working population in the world by 2022.

Sixty-five per cent of India’s population already falls in the working-age bracket, which means that a considerably large group of commuters from across the country travel long distances using personal vehicles and public transport. In doing so, they often battle with ill-maintained roads and insurmountably heavy traffic. A more specific viewpoint, focusing on commuters using company-sponsored cab services, reveals that these professionals spend hours traveling to and from work, with ill-planned routes and delayed pick-ups hampering their health and workplace productivity.

Therefore, several path-breaking companies are leveraging the potential of modern-day technologies to bridge the existing gaps in India’s transport sector.

Transport
Indian Railways is one of the most important and controversial transport in India. Wikimedia Commons

This is where the role of Internet of Things (IoT) and predictive analytics in ride-sharing comes in. The objective of every ride-sharing start-up is to find a solution to optimize travel. They use IoT and Artificial Intelligence (AI) to identify demand and supply patterns for transportation within the city, based on historical data. The final objective of commute-focused start-ups is to understand how the traffic from commercial hubs interacts with the rest of the city and identify a way to alleviate the hassle of ride-sharing within that context.

The Indian transportation industry can leverage predictive analysis and data mining to draw insights and patterns from the vast pool of big data pertaining to transport and traffic conditions in particular areas. Using these patterns, systems powered by AI can plot the fastest routes for commuters, factoring in multiple pick-ups and drops on the way. Such systems rely upon AI to create routes for corporate commutes and club the employees who plan to commute at similar times, thus ensuring that they take the shortest route possible.

Predictive analysis tools can also alert drivers and passengers about impending bottlenecks and congestion. Such systems will reduce travel time for employees, while helping corporates save the large sums of money they spend on organising company-sponsored commutes.

Transport
The objective of every ride-sharing start-up is to find a solution to optimize travel. They use IoT and Artificial Intelligence (AI) to identify demand and supply patterns for transportation within the city.

Technological intervention can also bring about safety and security as far as public transport and employee commute services are concerned.

Corporates with 24-hour rotational shifts are obliged to provide cab services to their employees to ensure their safety. Connected services such as transport automation systems, driven by AI and IoT, can ensure that employees travel safely by collecting and storing relevant data about drivers, including their background verification information and prior criminal records. Additionally, through robust mobile applications, passengers can provide feedback pertaining to their experience with their drivers at the end of each trip. Advanced systems that use mobile phone sensors can also identify instances of rash driving.

Beyond the workforce commute, predictive analysis can be applied to a holistic urban mobility scenario. It can improve public transport by forecasting weather conditions, determining arrival times of buses, and predicting the number of drivers travelling each day.

Transport
Hand pulled ricksaw and tram in Kolkata. wikimedia

Further, advanced analytics will be able to provide data regarding the impact of road maintenance, signal failures, accidents, and vehicle breakdowns on the overall traffic conditions, in addition to circumnavigating mobility bottlenecks by mapping the shortest routes in real-time. This will help people in reaching their destinations as quickly as possible.

Also Read: Indian Catholic Nuns Call Out For Justice in Kerala

The future of transportation in India, if it continues along the technologically-enlightened path that it has embarked upon, could be smoother and less chaotic in the near future. On the back of rapid technological advancement, the transport sector has the potential to transform itself into a well-oiled machine. Commuters and travelers are advised to just sit back, fasten their seat belts, and enjoy the ride. (IANS)

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Microsoft Ready to Help Indian Startups, Says President Anant Maheshwari

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Armed with a cutting-edge technology platform, a well-established partner organisation and an expansion of M12 venture fund, Microsoft is ready to help Indian startups across the spectrum embrace the next phase of growth, Anant Maheshwari, President, Microsoft India, said here on Monday.

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems.

“With our intelligent tech expertise, deep focus on trust and unique global go to market partnering, we empower unicorns and startups to scale sustainably at a global level,” said Maheshwari.

“We remain excited about India’s entrepreneurial startup potential and will continue to accelerate it as a growth engine for the economy,” he added.

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms (hospitality), Zomato and Swiggy (food delivery), Udaan (retailer marketplace), Byju’s, (edu-tech), Paytm Mall (e-tail), Freshworks (software programmer) and Policybazaar (digital insurance).

Maheshwari said Microsoft is uniquely positioned to support Indian startups to achieve scale and evolve from market ready to enterprise ready.

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A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

The introduction of M12, Microsoft’s venture fund, in India in February is creating new value for startups, VCs and the company itself to maintain the pace and direction of innovation.

“M12 is looking at investing in innovators who have aligned their focus on cutting-edge technologies that better enable digital transformation. The portfolio development team at M12 is specifically built to help support and scale companies by leveraging the expansive resources of Microsoft,” said the company.

According to reports, venture capital investments in Indian tech business-to-business (B2B) start-ups have been trending upwards, with over $3.09 billion raised in equity funding across 415 deals in 2018 — 28 per cent more than $2.41 billion in 2017.

Also Read: Facebook’s Push to Become China’s WeChat May Kill it

Under the “Microsoft for Startups” initiative, startups can co-sell with Microsoft sales teams, get access to top tech VCs in the global arena and mentorship from industry veterans.

In less than 18 months, Microsoft for Startups has closed more than 120 co-sell deals with more than $126 million in active pipeline for startups.

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months. (IANS)