Page 4 - ParkSmart
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Smart Parking
Management System
with the Internet of Things
Parking is a scarce and valuable resource that affects
the traffic flow, congestion and economic viability.
Parking demands usually leaves the supply behind.
PARKSMART eliminates all problems
How it works?
The number of vehicles parked in the parking lots and
the number of vacant places is automatically and
continuously sent to the system in the cloud with the
IOT technology.
With PARKSMART mobile application, the number of
vacancies in the parking lots can be seen instantly and
can be reserved in advance.
Subscribers can share their own parking spots with
other drivers via the mobile application, thus it
provides the parking lots can be used at higher
occupancy rates.
The data collected from the parking lots are analyzed
by machine learning algorithms and the occupancy
rates of parking lots in the desired region at a future
date and time are estimated.
Smart Parking Management System consists of the
mobile application, web application, in-car
multimedia application and dynamic information
screens.

