We recently posted about IoT and the use of it within parking garage technology. Due to the interest in the article, we have generated a secondary post. This time, focusing on the benefits and application of car park software and IoT.
Car park software, IoT, and its benefits
Better planning
Parking professionals can forecast and predict upcoming trends. For example, utilization, occupancy demand and resource allocation. Furthermore, utilizing ultra-low latency networks (like Frogparking’s cloud-based system), ensures all reporting is available in real-time.
Better parking revenue opportunities
Parking professionals will have a better handle on parking enforcement & compliance violations. The beauty of IoT is that it will all be in real-time, so ticketing becomes easier. Moreover, using IoT technology determines the occupancy rate and allows for surge pricing strategies to be implemented immediately.
Reduce expenses, literally, overnight
Parking managers can reduce operational, and administrative resource drain immediately. For example, simply by installing a parking access & revenue control system (PARCS). If you allow drivers to pay with a wide range of payment methods on your parking payment terminals, this will significantly reduce both employee time and maintenance expenses. No one is needed to manually accept payments. Furthermore, your parking payment kiosks will have significantly less costs. Ticket stocks are gone. Multiple moving parts are gone. Maintenance expenses are pretty much nil.
Traffic flow improvement
Guaranteed. For example, through an automatic parking barrier arm, or the use of license plate recognition cameras (LPR). Another option is using parking guidance systems (indoor or outdoor) to monitor parking space availability. Mixed with some dynamic wayfinding signage to direct drivers directly to free parking spaces. Say hello to improved traffic flow and significantly reduced congestion.
Improved driver experience
No matter what your goals are, the driver experience will improve. For example, IoT car park software offers enhanced security and operations. You can easily monitor vehicles entering and exiting. You can use parking mobile apps to display real-time traffic information. Likewise, to offer better payment methods or ‘pay-by-minute’ options.
These are just a handful of benefits we can name off the top of our heads. More a more detailed expected ROI, or specialized scenarios, please reach out – hi@frogparking.com.
