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Data Analytics & BI

Smart Data for the Mobility and Industry of Tomorrow Copy

Visitors to the booth of the Federal Ministry for Economic Afffairs and Energy (BMWi) can see how data helps to optimise delivery chains or enhance travel.

06 Mar. 2017

Be it supplier let-downs or natural disasters – there are many kinds of external events that have a crucial impact of an organisation's value and supply chains. But organisations need to identify these trends at an early stage in order to adequately respond to them. The 'Smart Data Web' project of the 'Smart Data – Innovation from Data' technology programme therefore automatically evaluates around 16,000 news documents every day and combines these with data from company databases and the OpenStreetMap, a database for public-domain geodata. Organisations can use this knowledge network as a basis for improving their planning and decision-making processes.

Another approach is pursued by the 'SD4M – Smart Data for Mobility' project which is supported under the same technology programme: it collects and analyses data from a vast range of open data sources, such as news portals, social networks, and websites, as well as conventional timetable and company information. The large amounts of structured and non-structured data are extracted, aggregated, and correlated in realtime in order to generate comprehensive forecasts and tap new potential for optimisation. In this way, private travel can be made faster, cheaper, and more comfortable. Mobility service providers also benefit, because intelligent data helps to improve itinerary utilisation and helps to better adapt offerings.

Visitors interested in taking a look at the mobility of the future can do so at this year's CeBIT by coming to the joint booth of the Federal Ministry for Economic Afffairs and Energy in hall 6, booth C40. Aside from Smart Data Web and SD4M, two more lighthouse projects of the Smart Data programme will present exhibits representing big data solutions from different areas.

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