Why smart parking solutions are becoming absolute necessity for businesses?
Parking issues are very common in big cities. Constant urbanization and traffic becoming heavier every day, it is only natural to feel angry, annoyed and hopeless while looking for a free parking space. With increasing car ownership, it is becoming increasingly difficult to find parking in densely populated areas. Finding available parking space takes potentially productive time, increases the number of cars on the road and creates new infrastructure challenges. Post COVID19, most people are preferring private cars over public transportation, ride-sharing and carpooling which is further creating traffic pressure and parking issues. Trouble to find a suitable parking space is posing an immediate challenge for people returning to work.
In such scenario, employers need to accelerate technology adoption to improve employee safety and parking convenience. Innovations in smart parking solutions help drivers with accurate navigation in indoor parking lots, parking space reservation as well as real time space occupancy. Smart parking generally refers to an IoT-based system that sends data on empty and filled parking spaces via a web/mobile application. IoT devices including sensors and micro controllers located in every parking lot enable users to receive live updates on the availability of parking spaces so that they can choose their most suitable spot. Each industry can be benefitted from these wireless solutions for smart parking.
How can smart parking improve business results?
Since most employees are preferring to bring their own car to the workplace, there are chances for ‘parking lot wars’ that must be avoided under any circumstances. There is an increasing demand for parking spaces with safety and well-being at its core.
Smooth parking space allocation for employees:
Smart parking is an integrated network of devices and technologies that can be seamlessly connected to employees’ smartphones. Smart parking solution can show vacant spaces via an app, allow employees to book parking spaces in advance, enable quick and easy reservations as well as exits via mobile devices.
Easy monitoring of parking volume:
Employee parking lot with smart parking reservation system makes parking stress free. Employees receive real-time updates on available parking spaces on their phones, make reservations, plan their suitable schedule and plan onsite office visits accordingly. Employers can make more informed decisions about how to use space, optimize costs, and offer their employees better parking options maintaining physical distancing. The use of parking spaces can be further enhanced by accepting reservations for visitors and contractors.
Prevent unauthorised parking:
Real-time information about individual vehicle parking times helps companies identify unusual or illegal parking activity and react proactively. For example, supermarkets and retailers may have excessive parking times, which could mean unauthorized use of their parking spaces. Other problematic behaviours, such as emergency parking or a car occupying two parking spaces can be recognized immediately with an automatic alert. Likewise, a parking lot that has been empty for weeks indicates a potential problem that needs to be checked.
Reduced operating costs:
Parking space and garage management involve a significant operational budget. Innovations in smart parking solutions allow companies to reduce operating costs by identifying more open spaces and guiding drivers there. The system does not require any additional staff to maintain the process which saves the costs of manpower. Sensor data provides powerful insights about areas with the highest and lowest parking traffic. This helps the facility owner to decide where to expand more parking space where to scale back. This will also prevent the misuse of dedicated parking spots.
Increased revenue opportunities:
There are times when parking spaces experience a surge in demand. Smart parking solutions can empower business owners to understand the trends. Real-time data management system can help them utilizing the existing space better and capitalize on revenue opportunities during peak or low periods.