The smart parking industry continues to evolve as an increasing number of cities struggle with traffic congestion and inadequate parking availability. While the deployment of sensor technologies continues to be core to the development of smart parking, a wide variety of other technology innovations are also enabling more adaptable systems--including cameras, wireless communications, data analytics, induction loops, smart parking meters, and advanced algorithms. The future of the smart parking market is expected to be significantly influenced by the arrival of automated vehicles (AVs). Several cities around the world are already beginning to trial self-parking vehicles, specialized AV parking lots, and robotic parking valets. For example, in Boulder, Colorado, ParkPlus is working on deploying the first fully automated parking garage in the Western United States through Boulder's PearlWest mixed-use development.
Governments are already using data and analytics in a number of ways to help them become better informed and provide superior services for their citizens. For both central and local governments, an increasing number of back end processing and citizen engagement opportunities are emerging for smart use of artificial intelligence and its many subfields. The biggest area for potential quick wins will be the vast processing that occurs in various administration tasks. This includes improving awareness of patterns in data, to create new theses and models. Bringing together data from different areas and using algorithms that learn, can create new insights.
Automakers increasingly see parking as the next great frontier, and BMW is no exception. It just bought Parkmobile, which it says is the largest mobile parking services provider in North America. This isn't BMW's first parking initiative, but it promises to help the German brand craft a parking offering it can market around the world. And notably, this isn't just about finding a way to profit beyond selling cars -- if you ask BMW, it's about solving traffic woes.
Driverless cars will cruise around city centres while their owners shop instead of parking to avoid extortionate parking fees, according to new research. The influx of the controversial vehicles meandering around the roads would likely increase congestion and cause huge traffic jams, scientists claim. During this time they will also save petrol by going slow to'kill time' - amplifying the issue. Driverless cars will cruise around city centres while their owners shop instead of parking to avoid extortionate parking fees, according to new research. Adam Millard-Ball, an associate professor of environmental studies at the University of California, Santa Cruz, said: 'Parking prices are what get people out of their cars and on to public transit.