Simply put, smart parking is a solution that uses a combination of technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and machine learning to effectively manage parking spaces in real time. The solution is economical in terms of time, personnel, and cost, but it also maximizes high-capacity parking areas.
To understand the whole spectrum, we shall discuss the two functional components of smart parking:
Paid parking Management System
A parking management system is a set of policies to increase the effectiveness of the current parking offer in a commercial or residential establishment. These policies and strategies include establishing rules of good use, clear guidelines, and a system of prioritization or shared spaces between users.
Achieving this is often a complex task, and thus implementing a parking management system becomes critical. The solution automates the end-to-end management of parking spaces and eliminates manual monitoring and tracking of cars. It also facilitates the segregation of parking areas for paying clients, visitors, staff, and tenants.
Parking Guidance System
Parking guidance systems are designed to ease the circulation of vehicles within controlled parking areas by providing drivers with dynamic information about the occupancy of parking lots. It is a useful tool for drivers because they can easily get information about parking spots within the venue.
Conclusions
As population growth is accompanied by an increase in the number of cars and other vehicles, one of the most critical problems facing urban areas is developing efficient parking systems. The use of modern and advanced technologies such as smart parking solutions is surely the most effective way to deal with such challenges. Parking facility owners and managers will be able better to utilize the space and resources within their parking areas.