Connect with us

Tech

Using Digital Tools to Transform Transportation

MD Staff

Published

on

Photo by Pedro Lopes on Unsplash

At Transforming Transportation, an international forum at the World Bank headquarters in January 2018, participants took a close look at the potentially enormous impact and opportunities offered by the digital era.  From making transit safer for all, to decreasing congestion, to making it greener, the digital revolution is bringing great changes to the way people and things move around the world.

  • Big data in Haiti can track where poor people live and where they need to go, giving planners key information for future development.
  • In Belarus, drivers can access apps that tell them how bumpy the roads are.
  • In India and Nepal, electronic scanning and clearances are speeding up trade and saving time and money at border crossings.

In the Philippines, the cost of daily traffic jams is estimated at about $60 million U.S. dollars a day. Here, too, digital tools are making a difference. Laura Tuck, the World Bank’s Vice President for Sustainable Development, says that by using intelligent transportation systems, “where you’re collecting data from the cars that are going, you can share this with users– where you have accidents, where you have a lot of congestion, you can help users avoid them, and you can help authorities start to plan their traffic management better.”

Safer, greener, accessible for all

Members of the Digital Development Partnership, a cross-cutting team in the Digital Development unit at the World Bank, were instrumental in planning a session on the digital tools helping build this sustainable mobility. Those tools include data collection so cities can build safer roads, reporting and protections for women using public transportation, and integrated fare systems that make paying for transit faster and easier. The digital revolution’s impact on transportation “extends beyond new business models like car sharing and bike sharing,” said Doyle Gallegos, the World Bank’s Global Lead for Broadband Access for All. ““As companies, NGOs, governments and others increasingly use digital tools to enhance their capacity to target action in pursuit of more sustainable, equitable and safer transportation networks.”

Safety is the focus at Brisk Synergies, which uses street cameras, data analysis and AI to evaluate accidents and near misses. Using video footage, Brisk calculates the minute difference in time between two things colliding, cars and pedestrians for example, to measure risk. “With this kind of analysis, we can identify high-risk locations, we can help monitor road user behavior patterns, and we can help measure the improvements to any kind of intervention that a city might deploy,” said Alyssa Fischer, Policy Program Manager at Brisk, who presented at the session.

Other groups are using open source data to map movement and provide instant information to drivers, and others, in real time. Mike Davis, of TransitScreen, says his company aims to become the “Switzerland of transportation data,” by providing up-to-date information on all forms of transport on a single screen or app. Instead of looking at a bus schedule, to the exclusion of other forms of transport, users can look at one site and see how the bus links to the ferry or to a bike share.

From Bike Shares to the Cloud

Bayo Oresegun, of IBM, is using big data and the cloud to speed communication. “Globally, 2.5 quintillion bytes of data are created each day,” he said. Mining that data and getting it to users means that Alitalia, for example, can rely on real-time weather updates to direct its planes to avoid turbulent skies, and so save on jet fuel.  Beijing is using predictive models to alert residents to high levels of pollution, while taking steps to mitigate it.

Proper government policies and regulations are fundamental to ensure that new technologies are accessible to everyone. Sometimes, new technology – from drones to digital identification – evolves so quickly that governments can be slow to keep up. Communication is the key, said Michael Geertsen, the director of Government Solutions for Microsoft, in a session on Harnessing Disruptive Mobility through Policy and Regulation. “One approach would be formal collaboration networks. That might vary from city to city, but think of them as design-think workshops and ways that could, in a non-threatening way, begin to realize some of these questions.”

Tools to Protect the Vulnerable 

New digital tools are also changing travel for women.  In Mexico City, 65 percent of women reported being harassed on public transportation. Data analysis showed that men and women have different travel patterns. So, as one option, the city introduced segregated subway cars and women-only pink buses. And it began targeting indifference. Analysis found that women reported that no one came to their aid when they were being harassed in public. So the city began training bus drivers in non-confrontational intervention. It built a communication campaign to encourage observers to speak up and stop the harassment as it happened, and it created apps to ease reporting.

Complaints have since dropped, according to Karla Dominguez Gonzalez, a gender specialist at the World Bank. But she adds, “technology should be part of a more holistic, comprehensive package that can help us to start changing social norms.” New tools and digital solutions are only part of the answer; real change comes from how humans use them.

World Bank

Continue Reading
Comments

Tech

How Strategy, Technology, and Operations Come Together in “The Symphonic Enterprise”

MD Staff

Published

on

New Report shares how leading companies are looking beyond traditional domains to leverage technology broadly across the enterprise.

Deloitte’s Tech Trends 2018 spotlights eight key trends that could potentially impact business strategies and outcomes. This year’s theme, “The symphonic enterprise,” is an idea that describes strategy, technology, and operations working together, in harmony, across domains and boundaries.

Among the trends featured in this year’s report are:

  • Digital reality: represents the next phase in the augmented reality and virtual reality revolution;
  • No-collar workforce: discusses HR strategies for managing environments in which humans and machines work together as equals; and
  • The new core: examines how core systems and the information they contain are driving digital convergence and breaking down traditional operational boundaries.

Tech Trends 2018 features the “Exponential technology watch list” which discusses strategies for exploring and harnessing innovation ideas that may not manifest for five years or more. It also explores two longer-term technology trends: artificial general intelligence and quantum encryption.

“Technology trends are no longer just the CIO’s or CTO’s responsibility. It’s become a CxO, CEO and even board-level conversation,” said Bill Briggs, chief technology officer and principal, Deloitte Consulting LLP. “We now see many forward-thinking organizations approach disruptive change more strategically. Instead of launching separate, domain-specific initiatives, they are thinking about exploration, use cases and deployment more holistically. Increasingly, they are focusing on how multiple disruptive technologies can work together to drive meaningful and measurable impact across the enterprise.”

Here is a closer look at some of the trends that could offer opportunities and challenges across industries during the next 18 to 24 months:

No-collar workforce: The rise of automation, artificial intelligence and cognitive technologies will impact jobs and job families. The organization of the future must rewire talent management for the new hybrid human-machine workforce—simultaneously retraining augmented workers and pioneering new HR processes for managing virtual workers.

Blockchain to blockchains: Blockchain is moving rapidly from exploration into mission-critical production scenarios. Advanced use cases and increased adoption drives the need to coordinate, integrate and orchestrate multiple blockchains across a value chain.

Digital reality: In the next phase of augmented reality and virtual reality’s evolution, companies are focusing less on the novelty of cool devices, and are focusing instead on developing strategies and innovative use cases. As this trend unfolds, IT leaders will work to tackle persistent challenges in core integration, cloud deployment, connectivity and access.

“The old lines are blurring,” Briggs continued. “Instead of thinking within industry and business line verticals, and business process or technology platform horizontals, we’re entering a world of diagonals – transcending technical scope and traditional organizational boundaries. These technology trends are enabling an entirely new way of solving problems and uncovering business opportunities. The symphonic enterprise is unified; it’s the controlled collision of trends, with strategy, technology and operations working in harmony to imagine tomorrow, and get there from the realities of today.”

The report features case studies, perspectives from industry luminaries, and insights from Deloitte practitioners. As in prior years, it provides an 18-24 month outlook on technology trends.

The full Tech Trends 2018 report can be found here.

Continue Reading

Tech

Digital Controllership: Finance and Accounting Robotic Process Automation a Priority

MD Staff

Published

on

In a recent Deloitte Center for Controllership™ poll of more than 1,700 finance, accounting and other professionals, 52.8 percent say their organizations plan digital controllership improvements—leveraging process automation, analytics and other technologies for financial and accounting processes—in the year ahead. Using finance and accounting robotic process automation (RPA) to increase efficiency and internal controls is the top priority for such efforts (34.7 percent).

“Finance and accounting process automation can really run the gamut. Simpler, enhanced finance automation can address common, industry agnostic accounting issues. RPA can build momentum by performing repetitive, manual financial and accounting processes. And, cognitive computing can be configured to adapt to non-routine, industry and organizationally specific needs,” said Kyle Cheney, Deloitte Risk and Financial Advisory partner, Deloitte & Touche LLP. “No matter the level of process automation complexity, it’s easy to see how efficiency and controls can be improved by well-executed programs.”

Poll respondents report that the biggest benefits of implementing a digital controllership strategy include: Improved talent resource allocation toward higher value, strategic work by reducing manual, repetitive work (40.5 percent); improved internal controls by testing wider sets of data and reducing human error (23.5 percent); and, improved visibility into future risks and opportunities by testing wider data sets and enabling talent to analyze trends and anomalies (16.9 percent).

“Because bots can work 24/7/365, well-honed RPA programs can help organizations improve the quality of their governance, risk mediation, predictive insights, working capital management and financial reporting,” said Dave Stahler, Deloitte Risk and Financial Advisory partner, Deloitte & Touche LLP. “However, digital controllership efforts leveraging process automation really need to start with a good foundation in risk management to keep errors and inefficiencies to a minimum.”

Teams starting or expanding finance and accounting robotic process automation programs typically work to manage common risks in areas including:

  • Technology – Improper bot design may impact existing IT infrastructure. Conversely, routine IT platform changes may impact automation solutions.
  • Regulatory compliance – Automation errors can reduce accuracy of regulatory reports, risking fines and sanctions as well as legal violations.
  • Operations – Increased processing errors can be caused by badly designed automation solutions. Lack of effective oversight procedures can lead to increased operational inefficiencies.
  • Talent – In times of organizational transformation, morale may suffer if communications to employees don’t focus on the higher level work they’ll be able to perform with RPA results. Further, access to and oversight of automated processes must be carefully managed to prevent and detect abuse.
  • Financial reporting – Poorly implemented finance and accounting robotic process automation can result in inaccurate or incomplete financial reports, financial restatements and reputational damage.

Cheney concluded, “Without strong internal controls, thoughtful change management, consistent oversight monitoring, and well-built bots in production, finance and accounting robotic process automation efforts can cause more harm than good. As with any strategic initiative, trying to find shortcuts is unwise. Investing time and attention to honing RPA is essential to realizing its full potential.”

Continue Reading

Tech

Consumer Trust in Autonomous Vehicles on the Rise

MD Staff

Published

on

Consumers are warming up to the concept of fully self-driving vehicles, but some roadblocks may lay ahead for automakers, according to the “2018 Deloitte Global Automotive Consumer Study.”

Safety first 
Consumers have a brighter outlook on the safety of autonomous vehicles, though concerns remain. Significantly fewer people in the 2018 study feel that autonomous cars will not be safe, with less than half (47 percent) of U.S. consumers holding this view — a dramatic decrease from 2017, when 74 percent felt autonomous vehicles would not be safe.

This view is consistent with other countries covered in the study, including: South Korea (54 percent this year vs. 81 percent last year), Germany (45 percent vs. 72 percent), and France (37 percent vs. 65 percent) who feel driverless cars may not be safe. The most notable change comes from China, where the percentage of people who think autonomous cars will not be safe dropped from 62 percent in 2017 to only 26 percent in this year’s study.

“Overall acceptance of autonomous technology has grown rapidly in just a short time,” said Craig Giffi, vice chairman, Deloitte LLP, and U.S automotive leader. “However, driverless cars are still in an experimental stage, and the industry is at the front-end of a long capital investment cycle required to bring autonomous vehicle technology to the mainstream market. To complicate that cycle, automakers recognize an immediate need to invest in areas including electrified powertrains, advanced light-weight materials, connectivity and mobility services. While the returns will be farther out, it’s important that automakers continue allocating resources to autonomous driving technology. Those who settle for a reactive mindset rather than preparing for the long term will be at greater risk as consumer acceptance for autonomous technology further accelerates.”

Building trust
Many people agree they would trust autonomous vehicles with a proven track record for safety. Almost three-quarters (71 percent) of U.S. respondents said they would be more likely to ride in an autonomous vehicle if they had an established safety record, up just slightly from 68 percent in the 2017 study. Other markets appear to be accelerating, however, with 83 percent of South Korean consumers (up from 70 percent in 2017), and 63 percent of German consumers (up from 47 percent in 2017) holding the same view.

Taking that a step farther, more consumers are turning to trusted brands for reassurance around the safety of autonomous technologies. Nearly two-thirds of U.S. consumers (63 percent) report they would be more likely to ride in an autonomous vehicle if it was from a brand they trust, compared to 54 percent in 2017. Consumers’ faith in brands appears to strengthen with younger consumers, as 70 percent of the Gen Y/Z population reported they would be more likely to accept a self-driving vehicle from a trusted brand, compared to 62 percent of Gen X and 56 percent of Boomer/Pre-Boomer consumers. “The auto industry battle between brands for consumers’ trust is on in a new and heightened way,” said Giffi.

In most regions, consumers favor traditional car manufacturers to bring fully autonomous vehicles to market. In the U.S., nearly half of consumers (47 percent) would put their trust in a traditional car manufacturer, compared to roughly one-quarter each that would trust a technology company (25 percent) or a new-to-market autonomous vehicle maker (28 percent). Consumers across Asia hold widely different views: In Japan, 76 percent trust a traditional car manufacturer to bring the technology to market, compared with 28 percent in China and 13 percent of consumers in Southeast Asia.

Not completely trusting the industry, many consumers would put their trust in federal regulation. More than half of U.S. consumers (54 percent) reported they would feel better about riding in self-driving cars if governments would implement standards and regulations.

Powertrain preferences
While consumers appear more apt to embrace emerging technology in the form of autonomous vehicles, many are brushing off newer powertrain options in favor of traditional engines. Most U.S. consumers (80 percent) still favor either a gasoline or diesel engine, up slightly from 76 percent in 2017, and only 15 percent said they would choose a hybrid engine in their next vehicle.

International consumers show a growing preference for alternative powertrains. More than one-third (38 percent) of Japanese consumers and 36 percent of Italian consumers would prefer a hybrid engine in their next vehicle, and 40 percent of Chinese consumers hold the same view.

“The economics of electric vehicles compared to traditional powertrains are presently not favorable enough for either consumers or automotive companies,” said Joe Vitale, global automotive leader, Deloitte Touche Tohmatsu Limited. “However, two significant trends could move us closer to the tipping point: battery cost reduction and government regulation. The trend toward mandating electrified powertrains — not merely demanding increased fuel efficiency or better carbon footprints, especially in Europe and China — lays out a ‘must-do’ path for global car makers. Also, as automakers simultaneously begin to broadly partner on building out the electric charging infrastructure and developing other value-added services that increase the convenience factor for consumers, electric vehicles can become a desirable alterative for most consumers.”

Deloitte’s research also finds that consumers are not willing to pay much more for autonomous vehicles. Deloitte’s most recent consumer survey data on the topic found that in countries such as Germany (50 percent), the U.S. (38 percent) and Japan (31 percent) consumers were unwilling to pay extra money for these vehicles. The findings were similar for electric vehicles, where 42 percent of German consumers and just over one-third of people in Japan and the U.S. said they are unwilling to cover additional costs to get alternative powertrain technology.

Giffi notes, however: “As exciting as autonomous-vehicle technology looks to be, and despite the current higher interest and acceptance of autonomous technology versus electric vehicles in consumers’ minds, government regulations look to be forcing the investment in electrified vehicle technology. At the same time, consumers around the world are consistent in saying they do not want to pay anything extra for either electrified or autonomous vehicles, leaving automakers with some difficult capital allocation and business model decisions if they expect to make any money at all.”

Deloitte’s study suggests that auto manufacturers developing and bringing advanced vehicle technology to market, such as autonomous vehicles, should simultaneously create new business models that can sustain an appropriate return on investment. Finally, given the over 1 billion conventional vehicles on roads around the world today, and the tens of millions that continue to be sold on an annual basis which are all expected to last well over a decade, the transformation to greater adoption of autonomous driving and electric powertrains will take quite some time to reach a tipping point. Automakers must balance ongoing innovation and new business models with the need to sell, service and delight today’s consumers with improved technology they are most willing to pay for in the near term, such as safety.

Continue Reading

Latest

Cities16 hours ago

Shumbrat, Mordovia! The Land of Finno-Ugric nation and the host city of the World Cup 2018

What is common between Finland, Estonia, Hungary, and the Republic of Mordovia? In 2007, Saransk, Mordovia, the 1st Festival of...

Newsdesk20 hours ago

World Bank Supports Young Digital Entrepreneurs in Botswana

Digital ecosystems and entrepreneurs are essential to innovation and development in Africa. With support from the World Bank, the Botswana...

Newsdesk21 hours ago

Job creation around agriculture can spur youth employment in Africa

Agriculture will continue to generate employment in Africa over the coming decades, but businesses around farming, including processing, packaging, transportation,...

Terrorism22 hours ago

Katibat Imam al Bukhari Renewed its Ideological Doctrine of the Jihad

On February 15, 2017 the Uzbek jihadist group of Katibat Imamal Bukhari from Central Asia, also known as the Imam...

Southeast Asia23 hours ago

Thai universities must look beyond ranking

Bangkok – The recent 2018 Asia University Rankings published by the Times Higher Education (THE) magazine is calling attention for...

Economy23 hours ago

Promoting a More Inclusive and Sustainable Development for China

China can achieve more inclusive and sustainable development with coordinated reforms across a broad range of areas that maximize development...

Middle East24 hours ago

Looking for options: The Israeli Establishment and the Syrian Conflict

Israel’s National Security: What’s an issue? Since its foundation, Israel has based its defense calculations on two concepts: existential security...

Newsletter

Trending

Copyright © 2018 Modern Diplomacy