Business Intelligence in Real Life - Predictive Analytics for Public Transport Systems
As Enrique Penalosa, the former mayor of Bogota once said “A developed country is not a place where the poor have cars; it’s where the rich use public transport”; speaks for all the public transport across the globe. The convenience and comfort of a good public transport puts its users in a very relaxed state of mind. Predicting the demand for public transport, route planning, optimizing routes and providing state of the art facilities to suit every pocket is a big job for a city. Public transportation is vital to the development of a city big or small. Whether a large network or a small fleet, the city can be on the move with BI tools. By incorporating Predictive Analytics, problems can be solved before they come up!! The big collection of statistical data can be put to use to predict probable possibilities in the future to identify risk areas and newer requirements.
Predictive Analytics for Public Transport Systems Business Intelligence is put to test to predict and carry out many a things for any public transport system.
Match the public transport Service with its Demand
Be on the guard for predictable spurts in demand
Predicting long term future demand
Detection of inefficiencies or temporary troubles on routes
Optimize routes, timetables, billing and ticketing operations to improve efficiency
Maintain vehicles and equipment with a preventive approach to reduce costs
Predicting equipment failure to implement corrective maintenance
Integrated view of all the business data
Predictive Analytics and Predictive Modeling can be implemented intelligently to meet the citizens’ expectations from the public transport systems. Creation of the transport system is only the beginning for any government. The dynamics of demand and supply are to be judiciously and constantly analyzed. The public transport’s online dashboards from the Business Intelligence systems