TMCnet News

University of Nottingham - Microlise and University awarded Technology Strategy Board funding for Big Data project
[August 28, 2014]

University of Nottingham - Microlise and University awarded Technology Strategy Board funding for Big Data project


(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 28 August 2014 Release date- 27082014 - Transport Management Systems provider Microlise, along with The University of Nottingham, have been awarded funding to work together on a project to develop innovative new solutions in the transport and logistics sector.



The funding of GBP359k from the Technology Strategy Board will be used to run a project which will result in significant cost savings and create new value propositions for the industry.

The project, 'Value Enhancement for Data from Assets & Transactions' (VEDAT), aims to achieve customer and market value from the high volumes of complex data (Big Data) generated in real-time through telematics technology.


Providing new, innovative solutions The backdrop to VEDAT is the 30,000,000 miles worth of event data generated through Microlise telematics solutions. This data is used at a local level by customers to understand driver behaviour, vehicle usage and customer service levels. However, taken as a whole, the data captured around driving style, risk areas and vehicle flow rates represents a whole additional dimension for Microlise to provide further innovative solutions.

The VEDAT project will take advantage of Microlise technology and market experience, as well as the expertise in hardware products of the company's research & development team, and will utilise the OEM relationship between Microlise and a global vehicle manufacturer also involved in the project.

The University of Nottingham will provide the extensive skills available through its' Automated Scheduling, Optimisation and Planning (ASAP), Advanced Data Analysis Centre (ADAC) and Nottingham Transportation Engineering Centre (NTEC) teams.

Creating a lasting impact on how 'Big Data' is used The project will be led at The University of Nottingham by Professor Robert John, Head of the ASAP research group at the school of computer science and will use innovative data mining and advanced data analytics techniques.

Speaking about the project, Professor John said: 'The VEDAT project should yield some exciting applications for industry that have a lasting impact of the way that Big Data can be used.' 'Through Microlise telematics technology, a huge amount of data is collected each day that has the capability to offer great insight to those in industry. Our aim is allow organisations to unlock the power of this data.' Applications for other sectors The project is expected to last two years and run at a total cost of GBP500,000. The approaches planned for Data Exploration during this period will culminate in novel tools and approaches, with additional applications across other sectors that suffer 'Data Silo' black-holes, such as finance, engineering, biotech/informatics, and other complex disparate data environments.

Matt Hague, Product Strategy Director at Microlise, added: 'As a solutions led company, we are delighted to be partnering with the University of Nottingham on this project which has secured the backing of the UK's innovation agency, the Technology Strategy Board.' 'The opportunities that Big Data offers transport and logistics operators are significant and we are confident that the VEDAT project will offer significant benefits to the industry'.

(c) 2014 Electronic News Publishing -

[ Back To TMCnet.com's Homepage ]