NOESIS progresses the state of the art in the Big Data in transport sector in the following ways:
- NOESIS developed the 1st collection of Big Data use cases in Transport, the Big Data in Transport Library (BDTL). The BDTL will constitute a reference point as for the first-time transport challenges are associated with Big Data applications and the potential value anticipated. NOESIS managed to collect more than 100 Big Data in Transport use cases.
- NOESIS developed the first Decision Support Tool for evaluating the socioeconomic impact of Big Data applications in transport. The NOESIS DST is taking as input specific characteristics of the Big Data application into investigation and displays as output the potential benefit of the specific application of the organization and of the society.
- NOESIS prepared a set of guidelines aimed at appraise, both ex-ante and ex-post, Big Data investment from the socioeconomic standpoint. NOESIS Impact Assessment Methodology is based on the combination of Cost-Benefit Analysis (CBA), Multi-Criteria Decision Analysis (MCDA) and sensitivity analysis. The methodology pays especial attention on key aspects such as technological risks and obsolescence.
The above-mentioned tools can assist policy makers, transport industries and transport experts understand the potential and limitations of Big Data applications in transport and take evidence-based decision.
At the same time, NOESIS developed two combined roadmaps (technological and policy-oriented) for the implementation of Big Data in the management and optimisation of transport systems and networks to help policy makers to better know the right steps to go ahead in the implementation of Big Data solutions for adding social value through the use of successful business models. Finally, NOESIS developed policy briefs in order to generate a societal impact beyond the research carried out in the project with the aim to provide recommendations to cities, transport operators, academia, industry, and the EC on an integrated view on opportunities, challenges and limitations of applications of big data in transport.