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Optimising public transport routes
Introduction
This paper aims at exploring the challenges that are faced by the public transportation system due to urbanization and mobility demand and how it can be solved. As a result, public services are always on the lookout for ways to improve the effectiveness of public transport routes to best suit the needs of the public. There is one of the most promising solutions which lie in the use of Machine Learning (ML) and Artificial Intelligence (AI) that can transform the public transportation sector. By using the power of artificial intelligence, it is possible to solve transport related challenges such as identifying the best routes, estimating the time taken in transit and increasing the efficiency of public transport systems.
Challenges
There are several challenges that the public services industry faces when it comes to optimizing public transport routes. Some of these are traffic congestion which leads to variability in travel time and delay that affects many passengers; shortage of real time information which hampers the decision making process on changes in the route; problems associated with handling of transport flow in rush hours; inadequate funding to enhance or sustain the infrastructure; and the challenge of integrating several systems. Also, the conventional approaches to route optimization, which entail the use of manual data processing and decision-making, are inadequate and time-consuming to deal with these problems.
AI Solutions
Here, AI and ML come as a savior by offering smart solutions to the challenges faced. They can also help in estimating the demand for various routes with the help of historical data and predicting the future traffic congestion. Real time traffic information can also be processed by AI algorithms to alter the routes in the most effective manner possible thus enhancing efficiency and minimizing time spent on the road. For example, Optibus is a company that provides optimized solutions for public transportation by using artificial intelligence to generate smart bus schedules that do not experience many delays or interruptions. DeepMind, the AI arm of Google, has also developed an AI system that provides the best route for Google Maps users by considering the traffic conditions in real-time. Also, AI can assist in the predictive maintenance by determining the possible failures of vehicles or other parts of the infrastructure prior to the occurrence of major faults.
Benefits
There are many advantages of applying AI in managing the best routes for public transport. Firstly, it enhances the effectiveness of public transport through minimizing the time spent on the journey and enhancing the reliability of the transport system. This is because it will help to improve the satisfaction of the riders, which will translate to more riders and income. Secondly, dynamic route optimization helps to minimize on fuel consumption and emissions which is favorable for the environment. Thirdly, the application of artificial intelligence can facilitate enhanced decision-making, for instance, in the management of resources as well as in the formulation of future transport infrastructure. Finally, predictive maintenance can also help in prolonging the life of vehicles and infrastructure, which in the long run can be cost effective.
Return on Investment
It can be stated that the ROI of applying AI in public transport optimization is quite impressive. According to McKinsey, AI is capable of supporting transport companies in minimizing on operational costs by up to 15%, this is mainly due to efficiency and efficiency in fuel consumption. In addition, the enhanced reliability and quality of the service can be an incentive to more passengers to use the system thereby increasing revenue. Also, the benefits of predictive maintenance include huge savings since the cost of maintenance can be reduced by as much as 25%. However, implementation of AI in public transport may require a significant investment which can be a drawback as far as ROI is concerned.