It has been the required feature for a smart city to transform its street parking service since the sales of vehicles has been booming since Cov-19 in that most citizens choose the private transportation over the public.
Nevertheless, the required feature could be less effective if we do not hold the keys to the gates passing through the robust ecosystem of the smart city parking.
Today I would like to share the three major keys that open the successful smart city parking digital transformation.
First and foremost is the Information backbone, which is the fundamental infrastructure for all the data fed in reliably and cost-effectively. From our experience, once a city decides to go for digital transformation, the cost of operation will be considerably narrowed down to installation and operation cost. In fact, the operation cost will affect the total cost of ownership and reflect on the Return of Investment of one particular project. The most adaptive technology is NB-IoT(Cat-NB-1/2) and LTE-M(Cat-M1), which already accommodate the current 4G and 5G mobile communication network, which save the cost in installing a new network in most cases. would like to share the three major keys that open the successful smart city parking digital transformation.
The second key is the smart parking sensor. A qualified car park sensor should contain below features: a. durability; b. flexibility and c. sustainability. Then, the battery life will play a key role in disturbing the street parking operator. Of course, not many street operators want to replace the battery all the time, which increases the cost in maintenance and materials. And we all know, the sensor accuracy has to be there, otherwise, garbage-in, garbage-out, there is no sensical to analyze the data without the data integrity after all.
The third key is the business model. A sustainable smart parking project is required to have a profitable cycle of business. I list out two(2) models below as examples.
1. The smart parking sensor operates as an informative data acquisition solution(DAQ), so once the data has accumulated for a period of time, then we can add the value to some parking slots for value-added service such as reserved parking.
2. The smart parking sensor operates as a Timer for charging the street parking fee, and integrated with local handheld PDA, Street camera or Kiosk…etc.
Either models present solid demand for collecting data and utilize the data optimally in multiple purposes and benefits.
In summary, it takes massive operational know-how and IT implementation domain knowledge to roll out a successful smart parking project at scale, it is better to have a strong partner in synergizing all together towards a sustainable and functional system with optimal total cost of ownership for the city.
Author: Johnson Chang
Company: Nietzsche Enterprise Co., Ltd. (NHR)
Title: EVP of Turnkey Solution in Smart Transportation