Nowadays, we are witnessing several paradigm shifts in mobility systems and services. Cities are decarbonizing the transportation sector and are moving from car-centric mobility to multimodal mobility; from restricted mobility in two-dimensional streets to 3D mobility; from rigid schedule mobility to mobility on demand and on an as-needed basis and…
Last mile is a term used in logistics planning to describe the movement of people and goods from a transportation hub to a destination. Last-mile delivery is the last leg of transportation that focuses on the movement of goods from a warehouse or a distribution store to the final delivery…
What is Intelligence?
The great philosopher Socrates (470/469BC–399BC) said “I know that I am intelligent, because I know that I know nothing”. Albert Einstein (1879–1955) saw imagination as the true sign of intelligence not knowledge. While Stephen Hawking (1942–2018) sees intelligence as the ability to adapt to change. Many theories have been coined…
AI and Global Economy
AI will have a major impact on the global economy. It is estimated that the market for predictive analytics software will amount to more than $6.5 billion worldwide in 2019, advanced driver assistance systems will have a global market volume of $18 billion in 2019, compared to $5.6 billion in…
There is a need for a systematic procedure for data collection, machine learning (ML) model development, model evaluation and model deployment. Fig. 1 illustrates a 7-step procedure to develop and deploy data-driven machine learning models.
These steps are explain in the following sub-section.
Step-1: Problem Characterization
First step in creating…
Data and Insights
Insights are the new gold not the data as data is worth very little unless this data is turned into critical actionable insights. These insights can be used to support decision making and can help in refining the design and manufacturing processes. Machine learning algorithms can be used to accomplish…
