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Since artificial intelligence (AI) is able to collect, process, adapt, and refine billions of data a day, AI has become a part of the fabric of parking structures, from individual parking slots to smart city systems. In smart cities, AI can help drivers find available parking spaces by processing real-time traffic information and interpreting the way cars move. When it comes to parking facilities, AI can take car-parking software to the next level.
Corda Campus in Hasselt, Belgium, has shown how an intelligent system can transform the parking experience. Launched by IT service provider Cegeka, this smart parking system uses AI and cloud computing to connect and integrate hardware such as smart entrance barriers, detection loops, signage screens and ANPR cameras. After identifying the license plate of an arriving car, the system uses a database to recognize visitors and employees. The system then opens a smart barrier as signage guides the driver to an open parking slot. Since different companies share the parking area at the Corda Campus, the smart system redistributes spaces according to demand. Using historical and real-time data to identify days when a company uses only a certain percentage of its private parking spaces, the system digitally rents the vacant spaces to other companies or visitors.
Solutions that will dominate parking in 2020
As market standards continuously increase, the leading companies in parking systems are developing all aspects of the business, such as hardware, software, mobile applications, cloud, delivery, and support.
One of the hot topics in 2020 is the capability of parking intelligence software and big data. Responding to real-time data continues to be a powerful trend for 2020, enabling property managers to react to today’s trends at their facilities, and see revenue, transactions, and detailed statistics in real-time. This “living” data will play an important role in parking place distribution and optimization, helping operators and owners to maximize available assets, and helping consumers to park when they want, where they want, and for the best price.
Another highlight of the sector are technologies that guarantee accuracy and precision, such as radar technology that improves detection better than magnetic, infrared, or ultrasound.
Smart parking system trends include LPR (License Plate Recognition) and ANPR (Automatic Number-Plate Recognition) technologies, which identify vehicles by their license plates. Using illumination and an infrared camera, the system takes the image of front/rear of the vehicle. Then, using image-processing software, the system analyzes and extracts the license plate information. This innovation helps to guarantee safety, avoid fraudulent behavior, reports actual entry/exit time, and assures smooth access. It provides user-friendly solutions such as cashless pre-paid transactions. When integrated with smart parking guidance systems, it brings customer experience to a superior level. Plus, this smart car parking system is a touchless service that eliminates the spread of germs and viruses, crucial in times of epidemics.
Situation in Chinese car park sector
The coronavirus outbreak is bringing changes to every business sector in China. In the parking industry in China, “smart” parking refers mostly to hardware that facilitates the automation of personnel and vehicle access. The epidemic has revealed the acute demand for non-contact detecting technologies that collect dynamic information and provide access. Contactless body-temperature detection at parking entrances helps to protect the community in epidemic times.
Every crisis brings opportunity, and the Chinese parking system industry is looking for long-term improvements. The ultimate goal is to integrate the management of industrial, urban, and residential parking areas in the whole smart city concept. Some existing car parks have installed intelligent equipment and built corresponding platforms, but they still don’t make full use of them. Some companies are upgrading their single-category products to an IoT platform that can integrate and analyze data. AI (Artificial Intelligence) companies are developing systems for the smart parking and smart city concept. For international companies that have already developed these smart parking systems, now is the time to enter the Chinese market, which has high demand but low supply.
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