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Multistorey Car Parking

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In the Modern World where parking is a major problem faced by city management authority and there is low capacity to provide parking to all of the vehicles at public places or apartment buildings, Hotels, Restaurants and malls etc. Multistorey parking is an efficient solution to utilize minimum space and provide maximum capacity for parking in places where hundreds of cars need to be parked on daily basis.   A Multistorey car parking or Parking Garage is an indoor parking facility. It’s a multi-tier building designed to park cars on multiple floors. Major Urban Cities around the world like London, New York has over five million vehicles on the roads and it is nearly impossible to provide individual parking space to even half of the number. Parking is becoming a major issue in urban cities and semi urban cities and its management is an important part to implement new urban management systems that are fully integrated and automatic. Parking industry have been researching to provide

Smart Parking: A New Way Out to Control Traffic Congestion

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We all have at least once in our life have experienced Bad traffic. A lot of time we face road congestion problems because of vehicles trying to find parking space, which in result worsens the situation and slowing down traffic flow even more. A study by IBM states, that approx. 30% traffic in a city is caused by drivers searching for a parking space.    Resulting in creating congestion around the parking lots, these parking searchers cause lot of wastage of time and fuel. But only creating new parking venues won’t solve the problem all alone in heavily populated cities. We need better planning and management for already existing parking lots. Smart Parking is now seen as an intelligent solution in lessening traffic load by providing a smooth and convenient parking process for both drivers and parking operators. Let Check out how Smart Parking solution will affect overall Traffic Flow system. 1.       Inept Parking Management Smart parking is not about relying on creatin

Smart Parking- Why its talk of the town

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S mart Parking plays a vital role in town management and planning. Influences and value of parking is most of the time widely ignored or underestimated and not enough consideration and resources are allocated for planning and management of Parking Areas and Spaces all around the cities. Vehicle Parking plays an important role in managing congestion of roads and City traffic Management as well as overall Security. Smart Parking is the a very well thought solution to easily solve parking management. It makes so much easy for the public to know when and where is parking space available. Lessening Stress from general Public and Providing them with an Optimized Solution that is not Difficult to apply and very easy to function. It is tool that provides a clear cut real time scenario of Parking available around the city and enables one touch parking fee payment system. Reaction of Public at smart parking system is very much positive and overwhelming. As technology is taking an a

Dynamic Pricing and Parking Industry

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W ith a rapidly progressing wave of smart city concept, Parking lots and its management is an inevitable step to implement the fully automated Urban City Management System. With Dynamic Pricing, one can automate parking space and pricing with intelligent systems that are rapidly updating based on run-time data. Dynamic pricing or Real-time pricing is a concept of setting rate for a product or a service that is highly flexible. It enables the parking operators to adjust rates of parking services on the fly, in response to the market demands. Dynamic pricing can be contradicted with Fixed pricing, a concept of setting rate for a product or service that does not fluctuated and is fixed however the conditions. With the real-time information gathered by the intelligent online information systems developed to work on big data, changes in rates can be controlled by pricing tools based on the processed information about the frequency of use and availability of space. Rates altered