|By JCN Newswire||
|May 8, 2014 01:25 AM EDT||
Tokyo, May 8, 2014 - (JCN Newswire) - Fujitsu Laboratories Ltd. today announced the development, in collaboration with the Massachusetts Institute of Technology (MIT), of an on-demand transport technology that responds to the various needs of transport users while improving profits for transport service operators.
As cities across the world seek to reinvent themselves from the perspective of sustainability, taking into account both the environment and aging populations, there is a clear awareness of the need to create a transport infrastructure for everyday life that does not rely on the excessive use of private cars. While local transportation services involving buses running on regular routes and taxis have been available, an issue has been how to meet diverse user needs while increasing profitability for transport service operators.
Fujitsu Laboratories and MIT have developed an on-demand transport technology that dynamically assigns the same vehicle to a different mode of transportation, such as either a taxi or ride-share car, depending on demand. This allows users to choose their mode of transportation among several options, and also improves the profitability of fleet operators.
In a simulation experiment conducted in a Tokyo suburb, the proposed system was found to increase service operator profits by as much as 80% above conventional methods.
This technology will be exhibited at Fujitsu Forum 2014, running May 15-16 at Tokyo International Forum in Tokyo.
As cities across the world seek to reinvent themselves from the perspective of sustainability, taking into account both the environment and aging populations, there is a clear awareness of the need for local transportation services that are both convenient and affordable. On-demand transport services are currently being used, with local community buses offering extensive coverage of a particular area, as well as on-demand reservation-based ride sharing. However, most of these service operators, mainly local governments, have been put under financial pressure as profitability has been difficult to achieve. Taxis are another means of local transport, but they operate at a price that makes everyday use unrealistic. Consequently, there is a need for local transportation services that can be used on a daily basis by most riders and that enable operators to improve their profits.
Fujitsu Laboratories and MIT Professor Moshe E. Ben-Akiva's research group have moved forward with the joint development of an on-demand transport technology that meets diverse needs and improves profitability for service operators by balancing supply and demand through dynamic control of service vehicles.
In existing on-demand transport systems, the allocation of vehicles is static, meaning fluctuations in the transit demands of transport users can lead to a surplus of vehicles in service at a given time, or to an excess of vacant seats. This may mean a reduction in service operator profits. With taxis, for example, a sudden downpour can cause a spike in demand, leading to a shortage of vehicles and an increase in waiting times. This could cause users to resort to other methods of transport such as the family car, in which case taxi businesses lose revenue opportunity.
About the Technology
Fujitsu Laboratories and MIT have developed a new on-demand transport technology that dynamically reassigns the vehicles to different operating modes to avoid vehicle oversupply or shortages. Riders can choose which mode of transportation they wish to use among several options, while transport service operators can maximize profits at the same time.
With this technology, a conventional- or minivan-sized taxi can be dynamically assigned to operate in taxi mode, ride-share mode, or fixed-route mode. Riders notify service operators of ride requests using smartphones or other smart devices, and are presented with options for transportation mode, boarding time, and fares. This makes the system responsive to a variety of transit needs.
The optimization framework optimizes the transportation options based on passenger choice in order to maximize operator profits as follows:
2.Generate combinations of feasible transportation options.
3.Calculate which option from the combinations is likely to be chosen, and the probability of that choice, based on a predictive model of selection behavior.
4.Based on the choice probability for each transportation option and the profit to be earned from each transportation option, select and present the combination that is expected to maximize operator profits.
This optimization framework, which presents options in response to each ride request, can balance supply and demand and increase operator profits.
For instance, when there are a lot of riders going in the same direction at the same time, that will favor ride-share and fixed-route modes, and when there are few riders going in the same direction at the same time, taxi mode will prove more likely.
This technology improves the robustness of the transportation system to supply/demand imbalances, and is responsive to a variety of mobility needs while maximizing operator profits.
In a simulation experiment conducted in a Tokyo suburb, operator profits were found to be approximately 80% higher than the case when they operated exclusively in taxi mode.
Fujitsu Laboratories will test outcomes under a variety of simulator conditions and verify effectiveness in regional field tests with the goal of practical implementation in fiscal 2016.
About Fujitsu Limited
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013 For more information, please see www.fujitsu.com.
Source: Fujitsu Limited
Fujitsu Limited Public and Investor Relations www.fujitsu.com/global/news/contacts/ +81-3-3215-5259
Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
Oct. 26, 2016 11:00 PM EDT Reads: 9,900
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Oct. 26, 2016 11:00 PM EDT Reads: 3,915
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Oct. 26, 2016 11:00 PM EDT Reads: 618
Oct. 26, 2016 09:45 PM EDT Reads: 1,129
Oct. 26, 2016 09:45 PM EDT Reads: 3,660
Oct. 26, 2016 09:30 PM EDT Reads: 662
Oct. 26, 2016 08:15 PM EDT Reads: 1,474
Oct. 26, 2016 08:00 PM EDT Reads: 1,429
Oct. 26, 2016 08:00 PM EDT Reads: 1,573
Oct. 26, 2016 07:30 PM EDT Reads: 399
Oct. 26, 2016 07:00 PM EDT Reads: 2,353
Oct. 26, 2016 06:30 PM EDT Reads: 1,097
Oct. 26, 2016 06:30 PM EDT Reads: 1,669
Oct. 26, 2016 06:15 PM EDT Reads: 1,153
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, will contrast how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He will show the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He will also have live demos of building immutable pipe...
Oct. 26, 2016 05:45 PM EDT Reads: 1,661