With rapid technological advancements,
there is need for efficient transportation. Inefficient transportation
difficulties are expensive as well as time consuming. The major concern
is in building the infrastructure for transportation such as roads,
highways, and railway tracks. This is because manufacturing a car is
less time consuming than construction of roads, tracks etc. Rising
population and the migration of people from rural areas to the metros is
responsible for traffic congestion.
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Traffic congestion enhances fuel
consumption, travelling time, and air pollution and reduces the
effectiveness of transportation infrastructure. To overcome these
issues, countries such as the U.S., Germany, U.K., and Japan are
deploying transportation analytics solutions. It is important to utilize
the existing infrastructure efficiently to avoid congestion and improve
the travel time and day-to-day transportation.
There is a rise in demand for better
access to markets, assets, customer bases and customers. Improved access
to resources provides efficient control to companies. There have been
several improvements in applications across the verticals of
transportation analytics and system market, advanced transportation
control systems, analytic solutions, and management solutions.
Transportation analytics integrated with advanced transportation control
systems along with system integrators are helping to avoid problems
associated with transportation systems.
Transportation analytics helps in
extracting all the data related to transportation and provides
actionable insights. It involves high performance reporting and analysis
tools to measure the performance of transport logistics. Transportation
data from a variety of different sources automatically flows into an
analysis system to a secure way. It is then associated together and
processed to generate detailed figures and reports. Transportation
analytics helps in enhancing driving efficiency while reducing
congestion. It also contributes in optimizing public transport using
current fare data.
Data related to transportation is
collected and utilized in order to manage the system effectively. There
should be a proper monitoring and evaluating system in place. The
applications derived from the transportation analytics are profiting the
users greatly and additional innovations are expected in the coming
years. There are various transportation management solution which
includes ticketing management, parking management, fleet management and
others. These solutions help firms in effectively managing the
transportation and logistics segment.
Transportation analytics
involves technologies such as cameras, sensors, and geo-tracking with
analytics and helps to determine availability of particular parking
slots, in turn reducing congestion. Emergence of smart vehicles on
developed roads contributes toward better safety, communication
facilities, and advanced infrastructure. This automates the overall
management of control systems. There is rapid increase in awareness
among passengers/travelers to effectively manage, monitor, and modernize
their travel.
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