Data-related business models are becoming the next big thing for companies to adopt. The new business dogma is based on laying strategies through analytics with the analysis helping with improving the existing processes and functions. With the world becoming data driven, this calls for institutions to extract valuable insights and maintain a competitive edge (Mahrez, Sabir, Badidi, Saad & Sadik, 2022). This comprises of data management plan for Mercedes Benz Company. This work looks at digital project that will be undertaken by Mercedes Benz for keeping the data of performance of the clients electric vehicle engines. The plan covers essential components like how data acquisition, manipulation, storage, analysis and the reporting framework. The data management plan will help ensure that there is data integrity, security, and proper usability during the data life cycle. The company understands that connectivity and digitalization plays a crucial role and having a database on the performance of electric vehicle engines will help the company get particular information that they may need in order to improve future vehicles.
Electric engine based vehicles is the key to decarbonizing road transport (Ma, Shahbakhti & Chigan, 2020). This sector contributes an estimated 15% of global energy related emissions. The growth of electric vehicles is growing by day and is estimated that by 2030, 35% of new cars that will be sold will be electric (Ma, Shahbakhti & Chigan, 2020). This will mean that carbon dioxide emissions will reduce by over 15%
Mercedes Benz company overview
The Mercedes Benz is a car maker company that develops and manufactures premium and luxury automobiles (Adler, 2006).. The company also does leasing, financing, fleet management and car rental services. Its latest attempts have been to manufacture cars that are all electric and software driven. Its main production facilities are based in Europe, Africa, Asia and North America. Its main headquarters are based in Stuttgart, Germany (Adler, 2006).
Mercedes Data Vision
The Mercedes Benz company is preparing to go fully electric in the next couple of years. The company is moving towards electric only luxury car company. The new electric engine cars are meant to ensure an emission free and software drive vehicle. Keeping Mercedes Benz electric engine performance data will be very important for Mercedes especially in offering innovative services with enhanced security and comfort. The company will keep on striving at making sure that the customers trust their data is being handled securely and responsibly. The company will operate under the mantra of transparency, choice and security.
Data compliance management system
The company for the purpose of handling data with outmost care will combine several measures, processes and systems for data security compliance into a Data Compliance Management System. This system will help it plan the measures for complying with data protection regulations based on risk and also to be able to continuously monitor them. This system will meet international standards and comply with all laid laws and also prevent inappropriate behavior. The board of management of the Mercedes Benz Group will regularly obtain information concerning the present status of the new system and inform the next course. It will analyse risks and this will form the basis for risk control. There will be regular communication, training as well as monitoring and improvements to ensure that the system adapts to global developments. There will also be analysis of knowledge obtained from independent internal and external assessments.
- Data acquisition
Data acquisition refers to the process of gathering raw materials from various sources (Walter, 2019). Mercedes Benz Company will do this by acquiring data from internal and external sources. These will include third party data providers, IoT devices, sensors and user interactions. The data collection methods that will be used include sensor data capturing, user interactions, APIs and web scraping. To ensure data quality, data validation will be implemented as well as a cleansing process. This will help with ensuring reliability and accuracy. The issues that will be picked from erroneous data will get addressed.
Data acquisition strategy for Mercedes Benz Company
Data acquisition from customers for this company will lay the foundation for data driven insights and precise decision making with the aim of improving future electric engines. The data collected by the company will be done from various sources for improving vehicle engine performance, customer experience and entire business operations.
One of the sources of data sources on electric engines for Mercedes company will be the vehicle sensors. Their vehicles will be fitted with several sensors that will monitor engine performance, emissions, tire pressure, vehicle dynamics and safety features. The sensors will offer real time data that will help in optimizing the performance of their vehicles and safety. The vehicles will also be connected to telematics that will help in collecting data relating vehicle location, usage patterns, diagnostics and predictive maintenance. These systems will help in monitoring and offering insights aimed at improving vehicle efficiency. The company will also collect data from customer interactions through interactions with them, service requests and feedbacks. This data will help in better understanding customer preferences and opinions concerning the electric engines and in improving user experiences. The company will also collect part of the data through market research and social media and also through third-party APIs. It will partner with third party data providers who offer information on issues like weather conditions, traffic updates and mapping data that is used in improving vehicle navigation and driving experiences all for the benefit of improving the electric engines.
Mercedes Benz company will stick to several strict regulations in the attempt of safeguarding customer privacy and ensuring responsible data handling. Personal and sensitive will be anonymized prior to analysis to protect user identities. There will also be customer mechanisms aimed at informing customers concerning data collection practices. The company will also stick to data protection regulations such as GDPR which helps in ensuring that data collection, storage and processing is done in adherence to legal requirements. The company will also employs strict cybersecurity measures to block unpermitted access, data breaches and hacking attempts.
The data privacy officer will be in charge of handling data protection related complaints from customers and authorities. The data privacy department will define the methods, processes and systems that will be involved in handling data. The team involved will support all units to minimize data related risks and come up with compliance solutions that will be adhered to. The department will also conduct several trainings and ommunication on all data protection issues. The company will use its local and international contact persons on its numerous facilities to assist them to come up with the data privacy and data compliance measures.
- Data manipulation
Data manipulation involves processing and converting raw data into a structured format appropriate for analysis (Durston & McKeon, 2020). The first step will consist of data collection and integration. The electric engines data will be gathered from various sources like simulations, testing equipment and sensors. The data will in particular touch on the efficiency of the electric engines, temperature, voltage, current among others. The data will be integrated from different sources into a centralized system for analysis. The raw data will also go through the cleaning process to handle errors, missing values, outliers and inconsistencies. The missing values will be imputed using appropriate techniques to get rid of outliers that may skew the analysis. The data will thereafter be transformed by being converted into an appropriate format for analysis. This will involve scaling data normalizing variables and converting units to ensure consistency. Time series analysis will also be done where time dependent patterns, trends and seasonality in data will be checked. This will be done with the aim of comprehending how the electric engines in different conditions and time.
Data manipulation will also involve statistical analysis. This will help in uncovering patterns, correlations and relationships within the data. Under this, means will be computed, standard deviations, correlation coefficients as well as hypothesis testing. The company will also develop machine learning models for the purpose of predicting and optimizing electric engine performance. The use of regression models will assist in predicting efficiency pegged on input parameters, clustering to identify different operational models and anomaly detection to pick out unusual behavior. Data manipulation will also involve creating visualizations like scatter plots, graphs, charts and heatmaps to present insights derived from the data. Visualizations will help the Mercedes Benz owners understand the results and trends. The performance will be monitored through real time and updated data. Any deviations detected from the anticipated behavior will be corrected. The data manipulation steps will then be documented and comprehensive reports made to communicate findings to relevant stakeholders.
- Data storage
The data storage processes for the electric engine project undertaken by Mercedes-Benz will be methodically planned and executed. A healthy architecture that prioritizes security, scalability, and accessibility will help lays a better foundation for this project (Deshpande, Sharma & Poju, 2019). The project will adhere to best practices in data security, compliance, scalability, and metadata management, Mercedes-Benz company will ensure that the massive amount of data generated by electric engines will contribute implicitly to the success of the project. Efficient data storage will empower engineers and analysts to extract insights, optimize performance, and drive innovation in the electric vehicle domain. Having a reliable data storage will help play a crucial role in managing the wide array of data that will be formed by the electric engines during testing, simulations and real-world operation. This data will be used for analysis, optimization and for proper decision making. The electric engine project will gather data like performance metrics touching on power consumption, efficiency to environmental factors and torque among others.
- Data Storage Architecture
A firm architecture will be key to the success of the data storage processes. The project will be handled through a combination of relational databases including cloud storage solutions and NoSQL databases. Relational databases will be used for structured data like sensor readings. The NoSQL databases will handle unstructured and semi-structured data like sensor logs. The cloud storage will provide scalability and accessibility allowing the necessary stakeholders to access data from any location.
- Data Security and Compliance
The data collected will be of sensitive nature and therefore tough security measures will be needed in place. The data will be secured through encryption, access controls and authentication mechanisms to ensure that only permitted personnel will have access to data. The relevant managers will comply with industry regulations like GDPR and other data protection laws with the aim of safeguarding customer privacy and company integrity.
- Scalability and Performance
The electric engine project will continuously generate regular stream of data which calls for scalable storage solutions. The storage infrastructure will be expanded from time to time to accommodate the influx. In addition, data retrieval and storage speed will play a critical role in real time analysis and decision making. Distributed storage systems will be used to enhance data access speed.
- Data backup and redundancy
To eliminate the possibility of losing data, there will be regular backups happening onsite and offsite to eliminate the possibility of loss of data incase there is a hardware failure or a system crash. Data will be stored in several locations and redundancy will help ensure that even if one storage fails, the data will remain intact.
- Metadata Management
Data stored will be made easier to understand and retrieve. The data will be well maintained to ensure good searchability and better data analysis.
- Data Lifecycle Management
The data that will be collected about electric engines many not be relevant at all time. There will therefore be a need to implement data lifecycle management strategy to help manage data from creation to archiving or deletion. Proper data lifecycle management helps ensure that the storage resources are allocated effectively optimizing costs and performance.
- Integration with analysis and visualization tools
Data storage will be seamlessly integrated with analysis and visualization tools. This will help the data engineers and analysts to be able to access and process data without unnecessary friction. Integration tools will include python libraries, data analysis platforms and dashboarding solutions to enable an efficient data exploration.
- Data Analysis
The digital project that will be undertaken by Mercedes Benz for keeping the data of performance of the clients electric vehicle engines will involve data analysis processes. This will be pivotal for deriving actionable insights, optimizing performance and pushing innovation in this field. This will call for a systematic approach that encompasses several techniques and methodologies. Data analysis will be done through these methods.
- Descriptive analysis
This kind of analysis involves summarizing data to get a preliminary understanding of its characteristics (Weaver, 2018). It will involve use of statistical measures like means, medians, standard deviations and percentile to get insights into central tendency, dispersion and distribution of various parameters. Visualization tools like histograms, box plots and scatter plots will assist in visualizing data patterns and trends.
- Exploratory Data Analysis
This kind of analysis will help explore the various relationships between different data variables that will be gathered from time to time (Békés & Kézdi, 2021). A correlation analysis will help reveal how different parameters are interrelated. For example, it might help uncover how temperatures impact the electric motor efficiency or how power consumption differs with voltage levels.
- Time series analysis
The time series analysis will help in exploring temporal trends, cyclic behavior and seasonality. This form of analysis will help uncover how electric motor performance changes with time under varying conditions. This will help in predicting future behavior and picking out anomalies.
- Statistical modelling
Developing statistical models helps with quantifying relationships between variables and predict outcomes (Taylor, Young & Chotai, 2013). Regression analysis will be used to model how different input parameters affect the electric engines efficiency. Machine learning algorithms such as decision trees or neural networks will help with giving more capabilities for intricate relationships
- Anomaly detection
There will be detection attempts of unusual patterns in the data gathered. Detecting anomalies from the electric engines will help in offering prompt interventions to prevent failures and underperformance. Anomalies could include irregular power consumption, sudden drops in efficiency or overheating.
- Optimization and simulation
Data analysis will help in optimizing electric engine performance. When the optimal operating conditions for efficiency, power output and other metrics are obtained, the engineers will help fine tune the design. Simulations will help in predicting the impact of changes prior t implementing them in real case scenarios.
- Visualization and reporting
The insights derived from data analysis will be important for decision making. Visualizations will be done through interactive dashboards, heatmaps or line charts. Reports will be done to outline findings and recommendations made to empower relevant stakeholders so that informed decisions are made.
- Continuous monitoring and iteration
There will be regular monitoring of the electric engine performance to enable early detection of deviations from unexpected behavior. Iteration will be based on new data to ensure that the engine’s design and operation remain optimized over time.
This will be the last stage of the data management process. It will involve communicating insights to the relevant stakeholders. The reporting processes for an electric engine project undertaken by Mercedes-Benz will serve as a bridge between technical data and strategic decision-making. The reporting will help the investors, engineers and decision makers and other concerned parties to have a clear picture concerning the status of the project and the results. Before the report is created, the objectives will be defined. Some of the things that will be reported will include performance metrics, efficiency improvements, safety enhancements among others. The reports will be tailored differently depending on the party requiring it. Some of the parties will include regulatory bodies, investors, management, technical experts and customers.
The data collected will be consolidated into a central repository. This will help in ensuring that the information being reported is consistent and representative of the overall performance of the project. The relevant KPIs that align with the project objectives will be identified. They may include metrics like temperature stability, efficiency and power consumption. The KPIs will be expected to provide basis for evaluating progress and outcomes.
Visualization will be used for conveying complex data in a format that will be easy to understand. Interactive dashboards with diagrams and chats will be used to showcase trends, comparisons and correlations. The visualizations will help in making the stakeholders grasp information quickly and make informed decisions. There will also be trend analysis and historical comparison to illustrate the evolution over a given period of time. Comparative analysis between different phases will highlight achievements and areas that will require further developments.
The reporting process will go beyond the raw data and give insightful interpretations. The data collected will be explained in terms of performance, efficiency gains and probable impacts on the larger electric vehicle landscape. These interpretations will be used to make strategic decisions. The reports will highlight successes as well as risks and challenges. The issues that might hinder the success of the project will be stated. Risk mitigation strategies will be provided to handle the challenges identified. The reporting process will be done in a transparent manner with an elaboration of how setbacks will be addressed. There will be a regular reporting cadence that abide by the timelines of the project and the needs of the stakeholders. This will be for the purpose of keeping stakeholders informed and that they can give feedback and interventions when the situation necessitates.
Mercedes Benz data management plan for its electric engine digital project underscores the significance of a comprehensive approach to data management. This essay has looked at how the company should address data acquisition, manipulation, storage, analysis and reporting. Mercedes Benz company aims at deriving meaningful insights, improve decision making and maintain integrity and security of the gathered data. This report offers a structured framework to ensure successful implementation of the project while sticking to the best practices in data management.
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