Read the Truth NOW- Why Millionaires are Investing in Parking Software

Article about Read the Truth NOW- Why Millionaires are Investing in Parking Software

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Aug 13, 2021

Considering the citys population grows throughout the world and that almost 30% of traffic in urban areas are busy coming from people looking for parking, smart parking solutions are the most important, even to contribute to the development of smart cities.

Parking Management: Smart Parking Software

This increase in traffic is a major problem for the city, because there are limited mobility and consequently limited access to business activities, housing and recreation. All of these situations make the city less sustainable and habitable.
However, this problem was finally caused by lack of parking, but with a lack of information. In this case, smart parking is a real-time parking management solution that collects performance indicators and turns it into a better insight for policy and management.
The purpose of the application of a smart parking system is, then, to reduce the driving time needed to find space, utilizing them available. Therefore, it is important to make systems that can accurately predict the availability of parking spaces for drivers, and which directs them to those rooms.
Smart parking utilizes smartphones and other detection devices to determine the work of the parking structure. This is done not only through cameras, sensors, road signs variables, automatic payment kiosks, mobile map applications and other electronic devices, but also through data collection - which tells the passengers and drivers in real-time.
Alternative parking indicators 
According to the data from the Analytics of IOT (Internet Things), 11% of public parking spaces around the world have turned smart, and this number is now expected to sky-rise to 16% by 2023.

How do you work this smart parking software?

Taking into account technology innovation, smart parking can include several solutions, some of which are prominent.
1 - License plate recognition system
Through the licensing plate recognition system, it is possible to register visitors automatically. This is possible through two cameras - one that enrolled the front license plate and the other registered. In this way, payments can be made online, even after the driver leaves the parking lot.
2 - Display information
Digital signage is most critical yet useful feature in smart parking. In this case, the display of information ends into a dynamic communication channel, which can be used to welcome the driver to the parking lot. In addition, various messages can be made (welcome, separation, etc.), both for providing information relevant to customers, or to send price information or promotional marketing information.
3 - Some payment methods
With smart parking, customers can be provided with several payment options, which make them more time doing what they are looking for. Traditional payments through local payment machines, cellular payments through applications and online payments are several options available.
4 - Payment Machine
We provide automatic and easy-to-use automatic payment kiosks, in addition to their resilience, are characterized by the possibility of personalization and extensive payment options. Different components can be integrated in this payment machine, such as card readers, anti-vandal keyboards, printers, barcode scanners, webcams, among others.
5 - Parking Indicator
There are several kiosks and systems developed by us which can be used to manage access to car park with or without ticket offices, with signs that show the parking space available, in certain areas or locations.
6 - access control and management
Multimedia kiosks allow control and access management, from the entrance to the exit, more specifically for car parking. This access control kiosk can be customized and developed according to the needs of the project and clients, and different components can be integrated, such as: webcam, card readers, keyboards, among others.
7 - Customization
Through smart parking, the whole parking experience is simplified. No need for a ticket or card. In addition, there is a possibility of personalization, and parking data collection - which, in turn, including customer perceptions.
8 - Parking management software
To function the best way, the parking management system must take advantage of several smart parking technology offers. Thus, here are some resources that can be used:

  • Devices that show free parking spaces and occupied parking spaces;
  • Real-time monitoring of occupation situations parking lots through computers or smartphones;
  • Cellular application.

9 - Smart Spots
Smart Spots delivers a high-end gateway iot that empowers the multiple different devices to connect yet provide open connectivity areas i.e the smart zones.
10 - IoT sensor
Installation of IoT sensors can help determine the location of the parking space. Drivers who are looking for parking lots can consult with smart parking maps in real time and guided to the nearest parking lot available.
The most sophisticated system even allows us to order this space and accept electronic payments from customers.

Benefits of Smart Parking

As mentioned, the parking management system aims to meet the drivers needs. Thus, there are some of the advantages they carry:

  • Parking lots are found easier;
  • Monitoring real-time parking time;
  • Traffic reduction;
  • Increased efficiency in searching for parking space;
  • Optimization of space and time, in a busy urban environment;
  • Estimated vehicle flow;
  • Automatic payments (more specific through payment machines);
  • Rational policy formulation considers infrastructure and demand - so parking rates can be defined and adjusted appropriately;
  • Customer satisfaction;
  • Less frustrated felt by the driver;
  • Sustainability, because of the level of traffic and, consequently, pollution decreases;
  • Security - The presence of sensors and parking management systems is real time minimizing the risk of theft;
  • New revenue stream, maybe through the use of smart parking technology;
  • Reduce management costs;
  • Fuel economy.

Final Words of Wisdom

Smart parking management system and Dispatch software not only contribute to increasing driver satisfaction, but also increasing the emergence of smart cities. According to Marketsandmarkets, With sharp growth in urban areas, smart parking is the main industry for the success of smart cities.
Smart Parking Software thus will offer countless solutions to help cities better serve its residents, more specifically to save time and money. This same solution also aims to reduce traffic and create a city that works more efficiently.