73rd Day Of Lockdown

Maharashtra77793336812710 Tamil Nadu2725614901223 Delhi250049898659 Gujarat18609126671155 Rajasthan98627104213 Uttar Pradesh92375439245 Madhya Pradesh87622772377 West Bengal68762768355 Bihar4452212028 Karnataka4320161057 Andhra Pradesh4112252971 Haryana3281112324 Telangana31471587105 Jammu and Kashmir3142104835 Odisha247814819 Punjab2415204347 Assam19894434 Kerala158969015 Uttarakhand115328610 Jharkhand7642975 Chhatisgarh6781892 Tripura6221730 Himachal Pradesh3691636 Chandigarh3022225 Goa126570 Manipur124110 Puducherry90330 Nagaland8000 Arunachal Pradesh3710 Meghalaya33131 Mizoram1710 Sikkim200
Business Companies 16 May 2017 India Railways to mo ...

India Railways to monetise available data; use data analytics

PTI
Published May 16, 2017, 3:18 pm IST
Updated May 16, 2017, 3:18 pm IST
Railways has large amount of data for aspects like passenger ticketing and freight operations among others.
(Photo: PTI/Representational).
 (Photo: PTI/Representational).

New Delhi: The Indian Railways will monetise the huge amount of data available with it but will ensure that no privacy law is compromised while doing so, Rail minister Suresh Prabhu said today.

The public transporter has been using information technology extensively for the past three decades. As a result, a large amount of data is available for aspects like passenger ticketing and freight operations among others.

 

"The Indian Railways is one of the largest data creators in the world. It has to handle a large volume of data which needs to be used wisely. Data analytics is a way forward," Prabhu said here while inaugurating a round table conference on data analytics for the railways.

The railways has data on crew management, track maintenance, rolling stock maintenance involving locomotives, wagon and coaches and expenditure accounting.

"All of this together creates mammoth data which is probably one of the largest in the world but data itself is of no use unless it is tabulated into something," Prabhu said.

Highlighting the need for proper data analytics for the future management information system, he said, "It would help to take appropriate decisions and also to eventually monetise it without compromising any privacy law and privacy ethics."

Experts from the industry along with senior railway officials participated the conference. Data analytics can help the railways in determining pricing of services, planning train operations on various routes, proactive safety measures and disaster management, predictive maintenance of assets to avoid failures.

Passenger reservation data of trains, passengers, earnings, utilisation of trains, class wise occupancy, waiting lists and passenger profile are also available in e-ticketing system.

This data can be analysed to help provide innovative products to passengers so that occupancy is improved and they are able to get confirmed accommodation.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT