Page 56 - Traffic Infra Tech Magazine

PARKING

How Smart Parking

Will Lead to Smarter Cities

The cities of the future will need an efficient
system for disbursing information related to
parking lot capacity and spot availability, quickly

redirecting motorists to available spaces, writes
Rasik Pansare, CO- Founder & CMO, Get My Parking

n recent years, there has been tracking, and data analytics to create reduce car emissions in urban areas by
an increased global thrust on efficient parking systems. reducing the time to park as well as
building ‘cities of the future’ or Using low-cost sensors and allow authorities to effectively manage
Smart Cities. These are smart smartphone-enabled payment parking supply.
Iin the sense of utilizing cutting systems, smart parking software can By infusing parking management
edge technologies to optimize asset collect real-time traffic data that can with data analytics, cities can be
use, build capacity, and employ their then be relayed to operators, drivers, planned better. When the entire parking
technology-enabled capabilities to and local authorities for efficient experience is automated, a driver no
become greener, safer, and more traffic and parking management. It longer needs to physically locate a
efficient. However, cities can’t be also allows people to reserve parking space, buy a ticket, produce it on exit
truly smart without smart parking. in advance or at the least, accurately and hand over the fees. However, it’s
Smart parking combines digitization spot a desired parking slot. A holistic not just limited to finding available
of parking operations, sensor-based smart parking solution can help parking spaces; by leveraging IoT and
predictive analytics, smart parking
initiatives can ultimately support the
evolution of smart cities itself.
Smart cities can also roll out dynamic
and surge pricing for parking wherein
motorists pay for parking according
to real-time conditions enabled by
the use of predictive analytics and big
data. Thus, depending on the weather,
the traffic density, demand, and real-
time changes in supply, smart parking
solutions can be used to maximize
government revenue and optimize
asset use.

56 April - May ’18 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com