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Artificial Intelligence

Transforming Parking with Smart Technology: A Case Study in Smart
Parking Implementation Using Computer Vision 

Introduction

Parking has long been a source of frustration for drivers and facility managers alike. In
urban areas, finding an available spot in multi-story buildings or public lots can be a time-
consuming ordeal. Moreover, improper parking and underutilization of available space

exacerbate traffic congestion and operational inefficiencies.
This case study highlights how we leveraged computer vision (CV) and advanced AI
technologies to revolutionize parking management, enabling real-time monitoring,
enhanced efficiency, and an improved customer experience.

Business Problem

Traditional parking systems are plagued by inefficiencies, including:

1. Tedious Occupancy Searches:
- Car owners often struggle to find available spots incrowded or multi-level parking facilities.

2. Improper Parking:
- Drivers frequently park outside designated areas, leading to reduced capacity and traffic congestion.

3. Underutilized Spaces:
- Lack of real-time information on slot availability causes improper parking habits, leaving spaces inefficiently utilized.

These challenges result in poor customer experiences and increased operational burdens
for parking lot operators.

Approach

To address these issues, we developed an intelligent parking system powered by computer
vision. The key steps included:

1. Data Ingestion : Capturing regular feeds from parking lot CCTV systems.

2. Feature Extraction : Using deep learning algorithms to analyze and extract critical features, including slot occupancy and vehicle positions.

3. System Architecture :
Building a scalable architecture to process real-time data from multiple CCTV feeds.

4. User Interface : Presenting actionable insights through a mobile app that displays  real-time parking availability and optimal parking suggestions.

Solution Overview

Technology Stack

• Edge Computing :
Leveraging the NVIDIA DeepStream SDK deployed on NVIDIA Nano Edge devices to process video feeds locally and generate metadata.

• Cloud Infrastructure :
- Building a scalable, high-availability cloud solution to aggregate and harmonize metadata from edge devices.

• Deep Learning Algorithms :
- Developing multi-layered algorithms for accurate detection of available slots, improper parking, and space optimization.

• Business Intelligence (BI) Dashboards:
- Visualizing curated parking data through graphs and charts for decision-making.


Key Functionalities 

1. Real-Time Monitoring: Continuous analysis of parking lot occupancy.

2. User Guidance: Mobile app providing slot availability and navigation to the nearest available spot.

3. Traffic Insights: Predictive analytics for traffic flow based on parking patterns.

Outcomes

1. Enhanced Efficiency :
- Real-time data ensured optimal space utilization, reducing congestion.

2. Cost Savings : 
- Utilizing existing CCTV infrastructure eliminated additional operational costs.

3. Improved Customer Experience:
-  Seamless parking experience with real-time availability and navigation.
-  Reduced wait times and automated payment options.

4. Actionable Insights for Operators : 
- BI dashboards provided parking lot owners with comprehensive analytics, enabling data-driven decisions to optimize capacity and layout.

5. Revenue Growth :
- With improved operations and customer satisfaction, the client  saw a 2x increase in revenue over several months.

Conclusion

This implementation exemplifies how computer vision and AI can transform traditional systems, turning parking challenges into opportunities for growth and innovation. By leveraging existing infrastructure and delivering actionable insights through intuitive
dashboards and mobile apps, we redefined parking management, making it smarter and  more customer-friendly.

This project not only addressed operational pain points but also elevated the parking  experience, paving the way for more efficient, scalable, and intelligent solutions in the urban ecosystem.

Let’s innovate together.

Contact us  to learn how our AI-driven solutions can address your business challenges and drive transformation.

© 2024 Mirnova Intelligence | All rights reserved 

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