Big data and transport

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... It answers the question of what should be done to achieve specific goals (Souza, 2014;Wang et al., 2016). Predictive and prescriptive analytics are vital in helping freight-related entities make effective decisions on the organization's strategic direction (Munizaga, 2019). They can be applied to address 7 problems related to the changes in organizational culture, sourcing decisions, and the development of products or services . ...
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Road transport accounted for 20% of global total greenhouse gas emissions in 2020, of which 30% come from road freight transport (RFT). Modeling the modern challenges in RFT requires the integration of different freight modeling improvements in, e.g., traffic, demand, and energy modeling. Recent developments in 'Big Data' (i.e., vast quantities of structured and unstructured data) can provide useful information such as individual behaviors and activities in addition to aggregated patterns using conventional datasets. This paper summarizes the state of the art in analyzing Big Data sources concerning RFT by identifying key challenges and the current knowledge gaps. Various challenges, including organizational, privacy, technical expertise, and legal challenges, hinder the access and utilization of Big Data for RFT applications. We note that the environment for sharing data is still in its infancy. Improving access and use of Big Data will require political support to ensure all involved parties that their data will be safe and contribute positively toward a common goal, such as a more sustainable economy. We identify promising areas for future opportunities and research, including data collection and preparation, data analytics and utilization, and applications to support decision-making.
... Velocity: The speed at which data is generated and processed to meet needs and challenges on the path of growth and development. Veracity: The quality of the data obtained can vary greatly, affecting accurate analysis [25]. ...
The Industrial Revolution 4.0 is having a substantial impact on countries in many fields such as industry structure, human resource needs, production management systems. Transportation is a high-community industry, so it will also be strongly affected by this industrial revolution. The achievements of Industry 4.0 can reshape the nation's transportation systems. That poses challenges for transportation managers to change the operating model as well as the transport-related policies. Building and developing intelligent transport systems (ITS) is attracting considerable attention, research, and investment to serve the development of transportation systems in the world as well as in Vietnam. Vietnam is gradually building Intelligent Governments, Intelligent Cities, and the Intelligent Transportation system will be an essential part of that development and entering the stage of access to the 4.0 industrial revolution, building a smart city applying 4.0 technology to bring convenience, friendliness, and safety to people in each city. As a step ahead, the Transport industry gradually realizes its dream of developing intelligent transportation in developed cities like Hanoi and Ho Chi Minh City. The paper presents an overview of the impact of Industry 4.0 on key aspects of the transport sector in general and ITS development strategy in Vietnam. On that basis, state-of-the-art technologies-technology 4.0 are proposed to meet the demands of intelligent transportation development. The paper will show that 4.0 technology is the key to the development of ITS in Vietnam.
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