Importance & Background
The technologies that enable fleet management are increasingly crucial instruments for several segments of the logistics sector. Dedicated software information systems offer instruments for the best resource use, which subsequently enables a decrease in costs for the transportation of products. Numerous research and development efforts are being conducted to address the issue of optimizing fleet management.
The CPS devices will be made simpler by distributed solutions including data and cloud services, which will also result in a lower BoM and Lower of Cost of Market. Thus, from a business perspective, system producers become solution providers. TRANSACT will investigate distributed reference architectures for safety-critical CPS that depend on edge and cloud computing in order to achieve this. These architectures will allow for the seamless blending of on-device, edge, and cloud services while ensuring flexible but secure application deployment and separate edge and cloud-based component releases compared to on-device releases. Additionally, on-device only safety-critical CPS systems will maintain the same degree of performance, security, and data privacy.
Additionally incorporating AI services into distributed CPS would allow TRANSACT to quickly build novel value-based services and business models, resulting in a quicker time to market in the multiple multi-billion euro sectors it is targeting. Transact will be an essential tool for Europe to go towards a market focused on solutions “so as to still matter in the Embedded. Cyber-Physical Systems area of tomorrow’s world,” as encouraged by ARTEMIS’ 2019 publication on embedded intelligence.