Data is one of the essential components that determines the success of a company regardless of the industry it operates. This is precisely the reason the transport industry is banking on it to propel its operations to the next level. One of the subsectors that has taken advantage of data is train transport that’s using it to ensure trains stay on time and operate safely. In the Netherlands for instance, big data analytics is doing an amazing job in the management of trains and railways. The country has in the past faced numerous challenges such as lateness, overheating of trains, freezing of switches and other maintenance problems.
Ever since the invention of computers many developments have shaped human lives. The invention of the internet was a landmark achievement which set up the stage for more things that followed. Many would have thought that the internet was the biggest thing ever but it was only a lead-in to developments in the world of big data, AI and IoT. Big data, AI and IoT have revolutionized the world we live in but what exactly are these terms?
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