Big data to ‘transform’ existing business functions
The growth of data generated by devices, sensors and equipment is driving the most significant changes in information technology (IT), affecting all industries, says IT equipment and software company Hitachi Data Systems (HDS) Europe, Middle East and Africa chief technology officer Bob Plumbridge.
Business’ dependence on IT systems means these changes will affect most, if not all, industries. Currently, the manufacturing and financial services industries demonstrate the effects of using large and varied volumes of data, called big data, to change and support processes.
“The most significant changes have occurred because of the analytics applied to the data, which enable marketing agility and customer engagement for financial services, while manufacturing is seeing increased efficiencies, control and visibility of its processes, as well as more customisation, owing to robotic and automated systems.”
He points to Hitachi’s 27-year rail contract with the UK government to renew and operate rail lines in the country as an example of changes to known industries. However, compared with conventional railroad projects, government will not buy the trains and will pay based on the punctuality and reliability of the trains.
Sensors on the train, including condition-monitoring systems, signalling systems along the lines and external information, such as weather information, will provide a plethora of data and metrics to analyse and inform operations.
Condition-monitoring systems monitor components on the train, such as vibration monitoring sensors that can detect wheel failure. These systems are used to predict failures and, thus, allow for preventative maintenance. The signalling and positioning systems will provide direct information to stations, so that accurate estimations of train movements are communicated.
“Hitachi’s rail division is known for its bullet trains in Japan. We have moved our rail division to the UK and built two new factories to provide equipment to achieve the high quality of service demanded. The level of service demanded requires IT systems relying on large volumes of data and analytics, hence, HDS’s role in the project.”
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation