Privacy Notice

Welcome on BABLE

We put great importance to data protection and therefore use the data you provide to us with upmost care. You can handle the data you provide to us in your personal dashboard. You will find our complete regulations on data protection and clarification of your rights in our privacy notice . By using the website and its offers and navigating further, you accept the regulations of our privacy notice and terms and conditions.

OK

The main goal of the Smart Parking System is to help people find a free parking lot without driving around the city searching. Thereby, it decreases the traffic and simultaneously the congestion within the city. Besides that, the solution achieves the benefits listed below. Whereas some benefits are likely to be fulfiled with a basic implementation of the solution, the fulfilment of the potential benefits depends on the functions implemented in a specific project.

Main Benefits

  • Reducing GHG Emissions

  • Reducing local air pollution

  • Improving traffic management

  • Improving parking

  • Enhanced data collection

Functions help you to understand what the products can do for you and which ones will help you achieve your goals.
Each solution has at least one mandatory function, which is needed to achieve the basic purpose of the solution, and several additional functions, which are features that can be added to provide additional benefits.

Mandatory Functions

Potential Functions

Business Model

Implementation Facts

Implementation costs: 250,000 - 500,000 € for two parking garages and five open parking lots

 

Market Overview

The average city driver spends 6 to 14 minutes looking for a parking place, and in large cities, the time is 18 to 20 minutes. It is estimated that this time spent searching for a parking lot represents 30% of congestion on city streets. Parking fees are already part of the cities’ revenues. Implementing a Smart Parking System enables cities to control the traffic better, to apply differed tariffs according to different areas and hours, and to use per minute rates - instead of flat rates - thanks to new billing models.

 (Shoup, 2007; Shoup, 2008; IBM, 2011)

 

Marketable Outcomes

Smart Parking offers various benefits for citizens as well as for the operator and the municipality. Depending on the details of the solution implemented, the main benefits can vary. The following graphic shows the operation of a Smart Parking System including the matching benefits the solution offers.

  • Decreased Congestion: As free parking spots can be found easily, the need to drive around in a city to find a parking lot is obviated and the traffic congestions decrease
  • Time-savings and less stress: Citizens can save time as they are guided to a free parking spot straight, that also reduces the level of stress when driving in cities
  • Flexible pricing models: Due to exact monitoring of occupancy of parking spots, prices can be adapted easily. Current implementations show that on average that leads to decreased prices and increased utilization of paid parking spots. Overall that leads to an increased revenue for the operator. 
  • Increased personal efficiency: As all parking spots are monitored in a Smart Parking System there is less need for patrols and the capture-rate still increases

(Shoup, 2007; Shoup, 2008; IBM, 2011)

Driving Factors

Supporting Infrastructure

No big infrastructural development is required, as sensors and cameras can be installed in current city infrastructure. 

A stable internet connection is required for sending and receiving information.

Government Initiatives

A few years ago, cities like Barcelona, Birmingham, Braunschweig, and Manchester have started to implement pilot projects for smart parking.

(Pichardo, n/d)

Legal Requirements

Regulations

There is no European regulation regarding smart parking, as it is usually the city's responsibility to regulate parking. For example, some cities like Zurich and Hamburg, have limited the number of parking spaces in the city centre. Therefore, if a new parking place is built off-street, an on-street place should be eliminated. Cities have also regulations regarding the parking time, tariffs, parking zones, and users’ restrictions (Residents, disabled, etc.).

(ITDP, 2011)

 

Use Cases

Parking Management System
With the vision of transforming the parking policy from normative numbers, a more demand driven optimum solution was developed using ICT technologies to improve the user experience. The system is aimed at increasing the occupancy of parking lots.

Want to see our expert's advices about this solution?

Log in

Related Solutions

Vehicle Sharing System
Vehicle sharing systems allow customers to use various vehicles without owning them. There are different types of vehicle sharing systems on the market. Differences can be the vehicle shared, like car sharing, bike sharing, scooter sharing or electric vehicle sharing.
Smart Parking
A Smart Parking System makes use of sensors or other technologies to determine the availability of parking lots in cities. This information can be shared with drivers, reducing the time spent on looking for a parking lot, and thus traffic congestion.