Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • TATA AIG Introduces MediCare Reserve
    • Voltas Crosses 1 Million AC Sales Milestone In FY 26-27
    • UP Teen Held For Killing Brother’s Family
    • Ammonia Leak At Tamil Nadu Seafood Unit Kills Seven
    • ‘Cockroach Party’ Protest Over NEET Enters Third Day
    • Bengal Budget Focuses On Jobs, Infrastructure and Welfare
    • US, Iran Reach Key Agreements In Switzerland Talks
    • Yamal Stars As Spain Thrash Saudi Arabia
    Facebook X (Twitter) YouTube
    Khabar India
    Khabar India Banner
    • Media Monitoring
    • National
    • ENTERTAINMENT
    • UP/STATES
    • BUSINESS
    • SPORTS
    • CRIME
    • INTERNATIONAL
    • EDUCATION
    Khabar India
    You are at:Home » Minister of Railways Inaugurates Round Table Conference on Data Analytics for Indian Railways

    Minister of Railways Inaugurates Round Table Conference on Data Analytics for Indian Railways

    0
    By khabarindia on May 16, 2017 Media Monitoring

    Minister of Railways, Shri Suresh Prabhakar Prabhu inaugurated Round Table Conference on “Data Analytics for Indian Railways”. Chairman Railway Board, Shri AK Mital, other Railway Board Members, representatives and dignitaries from industry and senior officials from Railway Board were also present on the occasion.

    Speaking on the occasion Shri Suresh Prabhu said that a series of Round Table Conferences are being conducted to ideate on various issues concerning Indian Railways. This Round Table Conference is to ideate on Data Analytics on Indian Railways. He also said that Data creation is phenomenal in Indian Railways to carry out commercial and operational opportunity. Data Analytics must be studied, analysed and monitored to improve Indian Railways’ program. Technology is ever evolving, need of the hour is to progress with Data Analytics. Indian Railways shall be the growth engine. Data Analytics can help to create a system that may benefit Railways immensely. Indian Railways is one of the largest Data creators in the world, it has to handle large volume of Data. Data Analytics is a way forward. Data needs to be used wisely. Privacy shall be protected and one of the largest ERP is created in Indian Railways.

    Background:

    Indian Railways has been using information technology extensively for the past three decades. As a result, large amount of data are available in different aspects of the Railways working such as Passenger Ticketing, Freight Operations, Crew Management, Track Maintenance, Rolling Stock Maintenance(Locomotive), Rolling Stock Maintenance(Wagon and Coaches), Expenditure Accounting etc.

    In order to assist the management in taking effective strategic and tactical decisions, Railways have decided to use Data Analytics for Analysis of Data using various statistical and software tools. Data Analytics can help Railways in determining pricing of services, planning train operations on various routes, proactive safety measures and disaster management, predictive maintenance of assets to avoid failures etc.

    PRS has data of trains, passengers, earnings, utilization of trains, class wise occupancy, waiting lists and passenger profile is also available in e-ticketing system. This huge data can be analysed to help in Providing innovative products to passengers so that occupancy is improved and passenger is able to get confirmed accommodation.

    Freight Operations Information System has data of traffic carried on various routes, the time taken in transportation, the commodities transported, customers, price sensitivity of various streams of traffic etc.

    Data Analytics can help in improving throughput and average speed of freight trains. Track Management System has data about condition of track, maintenance of track from time to time, inspection conducted, track renewal, deep screening, rail fractures etc. Data Analytics can help in Predicting vulnerable spots and preventive maintenance.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    khabarindia
    • Website
    • X (Twitter)

    Related Posts

    TATA AIG Introduces MediCare Reserve

    Voltas Crosses 1 Million AC Sales Milestone In FY 26-27

    India Ramps Up Russian, UAE Oil Imports Ahead Of Hormuz Recovery

    • Facebook 99K
    • Twitter 1.5K
    • YouTube 370
    • Popular
    • Video
    • Pvt Sector
    June 23, 2026

    TATA AIG Introduces MediCare Reserve

    June 22, 2026

    Voltas Crosses 1 Million AC Sales Milestone In FY 26-27

    June 22, 2026

    UP Teen Held For Killing Brother’s Family

    July 23, 2025

    PM Narendra Modi Interacts With Media On The First Day Of Monsoon Session Of Parliament

    February 11, 2025

    Prime Minister Narendra Modi Gets A Rousing Welcome By Indian Community In Paris, France

    February 11, 2025

    Prime Minister Narendra Modi Attends Dinner Hosted By French President In Paris

    June 22, 2026

    Yamal Stars As Spain Thrash Saudi Arabia

    June 21, 2026

    Wahab Laments Pakistan’s Costly Collapse

    June 21, 2026

    Bumrah, Kohli Return For England ODIs

    Company
    Company
    Recent Posts
    • TATA AIG Introduces MediCare Reserve
    • Voltas Crosses 1 Million AC Sales Milestone In FY 26-27
    • UP Teen Held For Killing Brother’s Family
    • Ammonia Leak At Tamil Nadu Seafood Unit Kills Seven
    • ‘Cockroach Party’ Protest Over NEET Enters Third Day
    • Media Monitoring
    • National
    • ENTERTAINMENT
    • UP/STATES
    • BUSINESS
    • SPORTS
    • CRIME
    • INTERNATIONAL
    • EDUCATION
    Copyright © 2017 khabarindia.in. About / Privacy Policy / Terms and Condition / Contact Us

    Type above and press Enter to search. Press Esc to cancel.