SlideShare a Scribd company logo
FoxNet. IoT and IT Solutions
How to optimize the smart parking value chain
and increase revenue.
William Dupley,
Digital Strategist
FoxNet Inc.
September 2018
2
Smart parking capabilities. 01. Why smart parking?
02. Transportation trends.
03. Smart parking value chain.
04. Parking management.
05. Parking revenue.
06. Parking optimization.
07. Parking integration.
08. Where to start?
Agenda
FoxNet. IoT and IT Solutions
3
We’re a creative & experienced team
of architects and advanced parking
system designers.
FoxNet’s original premise was simple: save
organizations from making costly IT mistakes.
about us.
• Over 15 Years of experience solving IT problems
• A passion for customer service and personalized
engagements
• Agile; with the ability to adapt to technical changes
as they come
FoxNet. IoT and IT Solutions
4
Waterloo based
service provider since 2002
Community Customer Service Trust Integrity
Waterloo,
Ontario
our roots.
FoxNet. IoT and IT Solutions
5
Why smart parking?
FoxNet. IoT and IT Solutions
1. Reduced travel time
2. To spend less ($$)
3. Find spots with ease
4. Accessibility – Eliminate the need to stop and pay for parking
5. Access to electric car charging
6. Ability to handle different types of drivers,
• (i.e. easy access for disabled drivers, delivery drivers, expectant
mother)
7. Enable preferred parking spots or valet parking options
6
What do customers want from parking?
FoxNet. IoT and IT Solutions
• Parking guidance and information system (PGIS): Locating a parking
spot
• Transit-based information systems: Transit schedules and traffic
conditions
• Smart payment systems: Phones smart cards, credit cards, debit
cards
• Automated parking: Automatically parked cars in allocated spaces
• Parking reservation (eParking): Reserve and pay for their parking in
advance
• Dynamic pricing: Based on time, location, and customer demand
7
Smart parking capabilities.
FoxNet. IoT and IT Solutions
8
Benefits of smart parking.
FoxNet. IoT and IT Solutions
9
Transportation trends.
FoxNet. IoT and IT Solutions
• In 2020, the parking
industry will be severely
disrupted by driverless
cars
• AlphaBet’s Waymo is
already testing pricing and
teaming up with public
transit in the Phoenix area
• Waymo has ordered 62000
Chrysler Pacifica to
support this program -
delivery 2018
10
Trends: Driverless Cars.
FoxNet. IoT and IT Solutions
• Waymo also
announced a deal
with Jaguar Land
Rover to create self-
driving Jaguar I-Pace
electric SUVs
• The first cars will
begin testing this
year and be part of
the Waymo fleet by
2020
11
Trends: Driverless Cars.
FoxNet. IoT and IT Solutions
• Ehang has produced a
"184" Personal Flying
Vehicle (PFV). Able to
deliver one human (up to
260 pounds) anywhere
within a 10 mile/23-
minute flight time reach
• Top speed of 62mph,
and max flight height of
11,000 feet
12
Trends: Personal Drones.
FoxNet. IoT and IT Solutions
• Uber is about expanding
beyond its ride-sharing
app to own and operate
its own fleet of driverless
vehicles
• Michigan has found that
subscription car services
could result in a 51%
reduction in car
ownership
13
Trends: Subscription Services (Uber)
FoxNet. IoT and IT Solutions
• Driverless cars will significantly impact North America by 2030
• 2018 A North American family owns 2.1 cars, by 2030 it will drop to
1.2 cars
• This will have at least a 43 % drop in demand for parking spaces
• Subscriptions Uber services are estimated to have a an impact of
about a 40% reduction in parking demand particularly in urban areas
• On the plus sides you can fit 4 self driving cars in 3 parking spots
• It is possible to increase revenue by 25% on the same parking lot
assets
14
Driverless cars impact on parking.
FoxNet. IoT and IT Solutions
• Millennial’s preferred to live
within walking distance of
their work and prefer to live
in walkable mixed-use
downtown areas where they
can easily take transit and
walk to work
• Some millennial’s are not
interested in getting their
driver’s license as a result of
this change
15
Trends: Millennial Lifestyle.
FoxNet. IoT and IT Solutions
• London England
• Congestion Charge
• The Congestion Charge is
an £11.50 daily charge for
driving a vehicle within
the charging zone
between 07:00 and 18:00,
Monday to Friday
16
Trends: Congestion Charges.
FoxNet. IoT and IT Solutions
17
Smart parking value chain.
FoxNet. IoT and IT Solutions
1. Parking Management: Ability to make strategic application, and use,
of existing and planned parking spaces, both on-street and off-street,
in a given area
2. Parking Revenue: Ticket for parking and enforcement of payment
3. Parking Optimization: Ability to ensure that data generated by smart
parking services is not held in silos
• Parking lots availability and occupancy is available to stakeholders
4. Parking integration: Ability to integrate data from all sources into data
repository
18
Smart parking value chain.
FoxNet. IoT and IT Solutions
• Parking Purposes
1. Work: 22.2%
2. Shopping: 9.2%
3. Business: 36.8%
4. Recreation appointments & Private business: 31.8%
• We can just raise prices. The impact of price changes are felt by
those who use their cars for work
• If you raise prices 133% - 99% of work commuters would find an
alternative method of transit
19
Parking revenue opportunities.
19
FoxNet. IoT and IT Solutions
• Daily Rate
$2.54/hr.
• Short
term rate
$6.00/hr.
# of spots Parking usage
Percentage of
users
Duration
of stay
Price Per
hour
Occupancy Revenue
645 Business 36.80% 8 $6.00 90.00% $10,253.95
645 Shopping 9.20% 8 $6.00 90.00% $2,563.49
645 Work 22.20% 11 $2.54 90.00% $3,600.66
645
Other(recreation,
Private business)
31.80% 8 $6.00 90.00% $8,860.75
Total daily
Revenue
$25,278.85
Increase price by 133 percent
# of spots Parking usage
Percentage of
users
Duration
of stay
Price Per
hour
Occupancy Revenue
645 Business 36.80% 8 $14.00 90.00% $23,925.89
645 Shopping 9.20% 8 $14.00 80.00% $5,316.86
645 Work 22.20% 11 $5.91 0.00% $0.00
645
Other(recreation,
Private business)
31.80% 8 $14.00 80.00% $18,377.86
Total daily
Revenue
$47,620.61
20
Results in
higher
revenues.
FoxNet. IoT and IT Solutions
“Underpriced parking can have a large social cost, but
overpriced parking can cause spaces to remain empty
contributing to the loss of customers for nearby stores,
loss of jobs to employees, and loss in tax revenues to
governments”
SFPark San Francisco study
21
FoxNet. IoT and IT Solutions
2222
Parking management.
FoxNet. IoT and IT Solutions
1. Identify available spaces
2. Secure revenue collection
3. Parking lot maintenance
• (Identify snow, water, or debris)
4. Lot enforcement
• (are long-term customers occupying short-term parking
spots?)
5. Mobile payment support
6. Per minute parking charges
• (versus flat rate charges)
7. Forecast parking demand
8. Optimize pricing strategies
23
Parking management capabilities.
FoxNet. IoT and IT Solutions
Goal:
• Eliminate underpriced parking and reduce the number of drivers
cruising nine streets to find an open space
• SFpark maximize the efficiency of their garages
• Ensure at least two or more spots were always available on all
blocks
Solution:
• Variable pricing techniques to set the prices of curb parking using
smart parking technology
• With this technology, the city adjusted curb parking prices in
response to the observed occupancy rates
24
Case Study: SFpark.
FoxNet. IoT and IT Solutions
Results:
• Short-term parkers in garages increased by 11 percent or about 130,000
short-term parkers per year.
• 74% of responded stated that it was "somewhat or very easy to pay for
parking"
• 43% reduction in the time it took for drivers to find a parking spot, resulting
in drivers finding parking within 6.5 minutes
• 30% reduction in vehicle miles traveled and greenhouse gases from
vehicles searching for parking
• 8% decrease in traffic volumes in areas with improved parking availability
• 22% reduction in double parking in pilot areas
25
Case Study: SFpark.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• Business customers only used parking spots during business hours
• Residential customers typically only occupy spots during evenings
Solution
• Change program and timeshared
Results:
• Freed up a floor which was converted to transient parking customers
• Produced higher revenue
26
Case Study: Gas Town Vancouver.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• Popular tourist destination
• Cottesloe managed parking using traditional methods: officers would patrol
time-restricted areas, identifying overstays and issuing tickets
• Inefficient & tedious - not all infringing vehicles were identified
Solution
• Installed Smart Parking
• 554 in-ground vehicle detection sensors
• Relaying information to their Smart Parking software
Results
• A 4 year period revenue from parking infringements increased from
$230,400 to $983,200
27
Case Study: Town of Cottesloe, Perth, Australia.
FoxNet. IoT and IT Solutions
28
Parking management data analysis.
FoxNet. IoT and IT Solutions
29
Parking revenue.
FoxNet. IoT and IT Solutions
1. Enforcement of payment
2. Dynamically adjust price
3. Accurate billing on how long car is parked
4. Read and store license plates
5. Manage prepaid permits & automated payment on entrance and exiting
6. Book and pay in advance & automated ticketing of vehicles that are past
due
7. Integrate with credit cards
8. Ad revenue from Mobile Apps
9. Premium parking services (Valet)
30
Parking revenue capabilities.
FoxNet. IoT and IT Solutions
Opportunity /Issue:
• Provide fast ability to quickly and efficiently park
• Allow city officials to know when someone has parked illegally in loading areas or bike
lanes
Solution
• Smart Parking Solutions using visual identification sensors mounted on street lights
• Checks available and occupied parking spaces, updates every 3 seconds
• Ensures parking space is adequate for the car model
• Provides navigation to the nearest available parking space (automatic rerouting to
alternative parking, if occupied)
• Enables ability to choose right parking space according to needs (handicapped, parking
space reserved for women, etc.)
• Enables virtual reservation of parking space
• Check pricing of the parking and pay by mobile
• Provides guidance back to a customer’s car
31
Case Study: Bad Hersfeld, Germany.
FoxNet. IoT and IT Solutions
Results
• A detailed overview of all parking zones can be obtained from
a overview map
• Ability to see availability across the 6 parking lots from one
display
• Eliminates cars driving around in circles trying to find a spot
• Enabled the ability to ties into other systems and display other
city information
32
Case Study: Bad Hersfeld, Germany.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• The parking meters with banknote collection capability required much maintenance
Solution
• Remove the banknote capability to drive customers to use credit cards
• Done over a period of months
Results
• Both total revenue and transaction volume remained stable.
• Credit card payment increased to account for 99% of all purchases
• Removing note collectors saved the MPA thousands of maintenance cost
• Shifted parkers from coin payment to credit card payment
33
Case Study: Miami Parking Authority.
FoxNet. IoT and IT Solutions
34
Parking optimization.
FoxNet. IoT and IT Solutions
1. Ensure data is not kept in individual Parking lot system silos
2. Display occupancy on each parking lot online
3. Display costs, rules, and lot restrictions (such as height and time
you can stay)
4. Visibility and guidance to empty spots
5. Direct integration with city systems (Air quality, and traffic
management)
6. Control emissions
• Discounts and VIP spots for ‘clean’ vehicles
7. Automatically recommend alternative parking in real time
35
Parking optimization capabilities.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• VPNE was approached by a customer who requested up to 50 spaces on
Fridays between 11:00am - 3:30pm
• Could any of their facilities house that request?
Solution
• Enable visibility of their parking lots occupancy in real time.
Results
• Using the smart parking systems, they were able to nail down in 10 minutes and
reserve that period on Fridays for that customer
36
Case Study: Valet Park of New England (VPNE).
FoxNet. IoT and IT Solutions
37
Real time parking occupancy across VPNE’s Portfolio.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• They have thousands of tourists during the summer and winter months
• Extreme seasonal parking demand
Solution
• Using smart parking data analysis, they were able to uncover the magnitude of the parking
demand changes
• Developed a strategy to move a variable parking rate
• Increased their parking rates by 50% during the peak season
38
Case Study: City of Aspen.
FoxNet. IoT and IT Solutions
Results
• Peak occupancy decreased by 12.5%.
• Parking Revenue increased by 26.1%
• Peak parking occupancies in the core decreased
• Visitors and residents spent less time looking for parking
• Parking turnover increased
• More vehicles parked in off-street facilities and the periphery
39
Case Study: City of Aspen.
FoxNet. IoT and IT Solutions
40
Case Study: City of Aspen.
FoxNet. IoT and IT Solutions
41
Parking integration.
FoxNet. IoT and IT Solutions
1. Link parking availability to car’s GPS systems
2.Ability to reserve, and pay for the parking spot in advance - cutting down
congestion and pollution
3.Ability to understand the impact of removing parking spots for a part of the
city
4. Predict parking demands for electric cars and charging
5. Understand commuter patterns within the city
6. Ability to integrate parking management systems with city demographics to
determine pricing strategy
7.Single source for parking and IoT data
42
Parking integration capabilities.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• Provide guidance to parking spots in the City
Solution
• The City Pulse journey planner integrates parking lot information with traffic information
into one guided system
• User selects their location and then looks for parking lots - Journey Planner then maps a
route and provides instructions on how to get there
• If there is a traffic interruption the user is notified of the issue and guided to on different
route
• If on route the parking lot that they intended to go to becomes full they are directed to
another parking lot that has space
43
Case Study: Journey Planner Aarhus, Denmark.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• Create IoT Infrastructure for City that integrates all Iot Information not just parking
Solution
• Common IoT Infrastructure that supports:
• environmental monitoring
• traffic conditions monitoring
• parks and gardens irrigation
• participatory sensing of information from citizens
• outdoor parking control
44
Case Study: Santander, Spain.
FoxNet. IoT and IT Solutions
Results
• Open data portal was 70 data
catalogs containing
information about different
domains of the city such as
public transport, water quality,
cultural agenda, traffic
conditions, etc.
• Ability to find Parking spots
quickly
45
Case Study: Santander, Spain.
Detailed view of outdoor parking sensor deployment.
FoxNet. IoT and IT Solutions
Opportunity/Issue
• Provide guidance to parking
spots and integrate Fan
experience
Solution
• On common Wi-Fi architecture
for the entire stadium
• Implemented a Smart Parking
Lot system
46
Case Study: Levi’s Stadium.
FoxNet. IoT and IT Solutions
Results
• Parking—Purchasing parking passes
digitally and providing turn-by-turn
directions to the visitor's assigned lot
• Navigation—Helping fans quickly and
easily find their seats
• Security—Mitigating risks and enabling
fans to be the eyes and ears of the
stadium and report any security issues
that may occur
• Refreshments—Ensuring fans get the
food and beverages they want, when
they want them
47
Case Study: Levi’s Stadium.
FoxNet. IoT and IT Solutions
48
Where to start?
FoxNet. IoT and IT Solutions
Business View
(Why Do I need
a new approach
to parking)
Functional View
(What should the
new parking
solution give me?)
Technical View
(How should the
parking solution
be built and with
what software)
Implementation
View
(What is the work
to build the new
solution)
49
Building a smart parking solution: where to start.
FoxNet. IoT and IT Solutions
1. Infrastructure planning
2. Economic Development
50
Step 1: Business View – Stratford.
FoxNet. IoT and IT Solutions
1. Parking Management:
• How is parking being used
2. Parking Revenue
3. Parking Optimization:
• Where are there parking spots
4. Parking integration
Step 2: Functional View.
51
FoxNet. IoT and IT Solutions
Step 3: Technical View – Stratford Parking Architecture.
53
AWS MQTT Broker
Environment Approx. 50
KB Data/ Wk/Sensor
Approx. 4MB Data/ Wk/
Total
City of Stratford
78 PlacePod
Sensors scanned
every 30 minutes. If
status changes on
sensor in between
scans, sensor sends
notification
immediately.
iWay Data
Migrator
Restful API
PostgreS
QL
WebFOCUS
Rep Server
WebFOCUS
Client
Eleven-X Lora Network
FoxNet EVDC –
PRD-IoT-IBI-Stratford
SSH/SCP
Port 22
Report Caster
XML/Services
Port
Port 80/443
HTTP/HTTPS
FoxNet EVDC – PRD-IoT-IBI-
Stratford
53
Step 4: Implementation View –
Parking Spot Analysis.
FoxNet. IoT and IT Solutions
54
Official Address
92 Erb Street East
Waterloo, Ontario N2J 1L9
William Dupley
wdupley@foxnetsolutions.com
We’re Social
@FoxNetSolutions
Linkedin.com/company/foxnet

More Related Content

What's hot

Submarine cable
Submarine cableSubmarine cable
Submarine cable
Subrata Kumer Paul
 
Smart Parking System
Smart Parking SystemSmart Parking System
Smart Parking System
Syed Tehzeeb Alam
 
Smart parking
Smart parkingSmart parking
Smart parking
vishal waghmare
 
MNO, MVNO, MVNA, MVNE: Different types of mobile operators
MNO, MVNO, MVNA, MVNE: Different types of mobile operatorsMNO, MVNO, MVNA, MVNE: Different types of mobile operators
MNO, MVNO, MVNA, MVNE: Different types of mobile operators
3G4G
 
Automatic vehicle locator
Automatic vehicle locatorAutomatic vehicle locator
Automatic vehicle locator
aishwarya yadav
 
Erp presentation
Erp presentationErp presentation
Erp presentationNayi Piyush
 
Smart Traffic Congestion Control System
Smart Traffic Congestion Control SystemSmart Traffic Congestion Control System
Smart Traffic Congestion Control System
Muzzamil Shaikh
 
ITIL Service Transition
ITIL Service TransitionITIL Service Transition
ITIL Service Transition
Marvin Sirait
 
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
Alan McSweeney
 
V2V- Vehicle to Vehicle Communication
V2V- Vehicle to Vehicle CommunicationV2V- Vehicle to Vehicle Communication
V2V- Vehicle to Vehicle Communication
SrijanKumar18
 
Google driverless car
Google driverless carGoogle driverless car
Google driverless car
piyupatel99
 
Automotive telematics
Automotive telematicsAutomotive telematics
Automotive telematics
Narendra K Saini
 
5G and autonomous vehicle
5G and autonomous vehicle5G and autonomous vehicle
5G and autonomous vehicle
Mahbubul Alam
 
Smart parking
Smart parkingSmart parking
Smart parking
Manisha Mishra
 
Connected Cars
Connected CarsConnected Cars
Abstract 5G Technology
Abstract   5G TechnologyAbstract   5G Technology
Abstract 5G Technology
vishnu murthy
 
Mobile computing
Mobile computingMobile computing
Autonomous vehicles
Autonomous vehiclesAutonomous vehicles
Autonomous vehicles
Komal Wadhwa
 
IoT services in the automotive sector
IoT services in the automotive sectorIoT services in the automotive sector
IoT services in the automotive sector
PRIME
 
B2B Automation Using RPA and EDI
B2B Automation Using RPA and EDIB2B Automation Using RPA and EDI
B2B Automation Using RPA and EDI
Tangentia
 

What's hot (20)

Submarine cable
Submarine cableSubmarine cable
Submarine cable
 
Smart Parking System
Smart Parking SystemSmart Parking System
Smart Parking System
 
Smart parking
Smart parkingSmart parking
Smart parking
 
MNO, MVNO, MVNA, MVNE: Different types of mobile operators
MNO, MVNO, MVNA, MVNE: Different types of mobile operatorsMNO, MVNO, MVNA, MVNE: Different types of mobile operators
MNO, MVNO, MVNA, MVNE: Different types of mobile operators
 
Automatic vehicle locator
Automatic vehicle locatorAutomatic vehicle locator
Automatic vehicle locator
 
Erp presentation
Erp presentationErp presentation
Erp presentation
 
Smart Traffic Congestion Control System
Smart Traffic Congestion Control SystemSmart Traffic Congestion Control System
Smart Traffic Congestion Control System
 
ITIL Service Transition
ITIL Service TransitionITIL Service Transition
ITIL Service Transition
 
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
Structured Approach to Implementing and Operating Outsourcing and Managed Ser...
 
V2V- Vehicle to Vehicle Communication
V2V- Vehicle to Vehicle CommunicationV2V- Vehicle to Vehicle Communication
V2V- Vehicle to Vehicle Communication
 
Google driverless car
Google driverless carGoogle driverless car
Google driverless car
 
Automotive telematics
Automotive telematicsAutomotive telematics
Automotive telematics
 
5G and autonomous vehicle
5G and autonomous vehicle5G and autonomous vehicle
5G and autonomous vehicle
 
Smart parking
Smart parkingSmart parking
Smart parking
 
Connected Cars
Connected CarsConnected Cars
Connected Cars
 
Abstract 5G Technology
Abstract   5G TechnologyAbstract   5G Technology
Abstract 5G Technology
 
Mobile computing
Mobile computingMobile computing
Mobile computing
 
Autonomous vehicles
Autonomous vehiclesAutonomous vehicles
Autonomous vehicles
 
IoT services in the automotive sector
IoT services in the automotive sectorIoT services in the automotive sector
IoT services in the automotive sector
 
B2B Automation Using RPA and EDI
B2B Automation Using RPA and EDIB2B Automation Using RPA and EDI
B2B Automation Using RPA and EDI
 

Similar to How to optimize the smart parking value chain and increase revenue.

DE - Smart Parking System.pptx
DE - Smart Parking System.pptxDE - Smart Parking System.pptx
DE - Smart Parking System.pptx
BhavikSanghar
 
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.ioPeer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
Ardian Agung
 
Smart Parking system with the help of IOT
Smart Parking system with the help of IOTSmart Parking system with the help of IOT
Smart Parking system with the help of IOT
AkshanceWasnik
 
IRJET- Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
IRJET- 	  Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...IRJET- 	  Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
IRJET- Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
IRJET Journal
 
Now! general presentation 2017 04-28
Now! general presentation 2017 04-28Now! general presentation 2017 04-28
Now! general presentation 2017 04-28
NOWOffice
 
Autonomous Vehicles: Technologies, Economics, and Opportunities
Autonomous Vehicles: Technologies, Economics, and OpportunitiesAutonomous Vehicles: Technologies, Economics, and Opportunities
Autonomous Vehicles: Technologies, Economics, and Opportunities
Jeffrey Funk
 
smart parking1 (1) a view of ppt presentation of parking technology
smart parking1 (1) a view of ppt presentation of parking technologysmart parking1 (1) a view of ppt presentation of parking technology
smart parking1 (1) a view of ppt presentation of parking technology
1RN20IS063JNithish
 
AI-enabled smart transportation at city scale
AI-enabled smart transportation at city scaleAI-enabled smart transportation at city scale
AI-enabled smart transportation at city scale
DataWorks Summit
 
An Overview of Parking Slot Detection Techniques
An Overview of Parking Slot Detection TechniquesAn Overview of Parking Slot Detection Techniques
An Overview of Parking Slot Detection Techniques
ijtsrd
 
Smart parking Solutions- Faststream technologies
Smart parking Solutions- Faststream technologiesSmart parking Solutions- Faststream technologies
Smart parking Solutions- Faststream technologies
Sudipta Maity
 
Smart Parking Market
Smart Parking MarketSmart Parking Market
Smart Parking Market
Renub Research
 
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
UNIDO-LCT
 
GSMA IoT Final project: smart car parking
GSMA IoT Final project: smart car parkingGSMA IoT Final project: smart car parking
GSMA IoT Final project: smart car parking
Weena J.
 
Parkofon Introduction
Parkofon IntroductionParkofon Introduction
Parkofon Introduction
David Pickeral
 
Multi-Protocol Wireless Parking Solution with RFID Technology
Multi-Protocol Wireless Parking Solution with RFID TechnologyMulti-Protocol Wireless Parking Solution with RFID Technology
Multi-Protocol Wireless Parking Solution with RFID Technology
AeoLogic Technologies
 
Smart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev couseraSmart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev cousera
iharak
 
Smart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev couseraSmart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev cousera
iharak
 
End-to-End and e-Business Value from the Telematics Reference Implementation ...
End-to-End and e-Business Value from the Telematics Reference Implementation ...End-to-End and e-Business Value from the Telematics Reference Implementation ...
End-to-End and e-Business Value from the Telematics Reference Implementation ...
mfrancis
 
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
mfrancis
 
SPZ marketing brochure[1]
SPZ marketing brochure[1]SPZ marketing brochure[1]
SPZ marketing brochure[1]Paul Gillespie
 

Similar to How to optimize the smart parking value chain and increase revenue. (20)

DE - Smart Parking System.pptx
DE - Smart Parking System.pptxDE - Smart Parking System.pptx
DE - Smart Parking System.pptx
 
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.ioPeer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
Peer-to-Peer Parking “Airbnb like” revolution on Blockchain - parkgene.io
 
Smart Parking system with the help of IOT
Smart Parking system with the help of IOTSmart Parking system with the help of IOT
Smart Parking system with the help of IOT
 
IRJET- Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
IRJET- 	  Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...IRJET- 	  Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
IRJET- Smart Parking : Parking Occupancy Monitoring and Visualisation Syst...
 
Now! general presentation 2017 04-28
Now! general presentation 2017 04-28Now! general presentation 2017 04-28
Now! general presentation 2017 04-28
 
Autonomous Vehicles: Technologies, Economics, and Opportunities
Autonomous Vehicles: Technologies, Economics, and OpportunitiesAutonomous Vehicles: Technologies, Economics, and Opportunities
Autonomous Vehicles: Technologies, Economics, and Opportunities
 
smart parking1 (1) a view of ppt presentation of parking technology
smart parking1 (1) a view of ppt presentation of parking technologysmart parking1 (1) a view of ppt presentation of parking technology
smart parking1 (1) a view of ppt presentation of parking technology
 
AI-enabled smart transportation at city scale
AI-enabled smart transportation at city scaleAI-enabled smart transportation at city scale
AI-enabled smart transportation at city scale
 
An Overview of Parking Slot Detection Techniques
An Overview of Parking Slot Detection TechniquesAn Overview of Parking Slot Detection Techniques
An Overview of Parking Slot Detection Techniques
 
Smart parking Solutions- Faststream technologies
Smart parking Solutions- Faststream technologiesSmart parking Solutions- Faststream technologies
Smart parking Solutions- Faststream technologies
 
Smart Parking Market
Smart Parking MarketSmart Parking Market
Smart Parking Market
 
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
Mellowcabs unido sustainable_transport_and_mobility_for_cities_workshop_neil_...
 
GSMA IoT Final project: smart car parking
GSMA IoT Final project: smart car parkingGSMA IoT Final project: smart car parking
GSMA IoT Final project: smart car parking
 
Parkofon Introduction
Parkofon IntroductionParkofon Introduction
Parkofon Introduction
 
Multi-Protocol Wireless Parking Solution with RFID Technology
Multi-Protocol Wireless Parking Solution with RFID TechnologyMulti-Protocol Wireless Parking Solution with RFID Technology
Multi-Protocol Wireless Parking Solution with RFID Technology
 
Smart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev couseraSmart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev cousera
 
Smart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev couseraSmart parking presentation to fin4dev cousera
Smart parking presentation to fin4dev cousera
 
End-to-End and e-Business Value from the Telematics Reference Implementation ...
End-to-End and e-Business Value from the Telematics Reference Implementation ...End-to-End and e-Business Value from the Telematics Reference Implementation ...
End-to-End and e-Business Value from the Telematics Reference Implementation ...
 
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
Keynote - OSGi as an Evolutionary Precursor for the Connected Vehicle - Darwi...
 
SPZ marketing brochure[1]
SPZ marketing brochure[1]SPZ marketing brochure[1]
SPZ marketing brochure[1]
 

Recently uploaded

Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
Dorra BARTAGUIZ
 
UiPath Community Day Dubai: AI at Work..
UiPath Community Day Dubai: AI at Work..UiPath Community Day Dubai: AI at Work..
UiPath Community Day Dubai: AI at Work..
UiPathCommunity
 
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Albert Hoitingh
 
Free Complete Python - A step towards Data Science
Free Complete Python - A step towards Data ScienceFree Complete Python - A step towards Data Science
Free Complete Python - A step towards Data Science
RinaMondal9
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
ThousandEyes
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
DianaGray10
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
Kari Kakkonen
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
Laura Byrne
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
mikeeftimakis1
 
Quantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIsQuantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIs
Vlad Stirbu
 
Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !
KatiaHIMEUR1
 
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
James Anderson
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
DanBrown980551
 
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptx
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptxSecstrike : Reverse Engineering & Pwnable tools for CTF.pptx
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptx
nkrafacyberclub
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
Safe Software
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
Thijs Feryn
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
UiPathCommunity
 
Climate Impact of Software Testing at Nordic Testing Days
Climate Impact of Software Testing at Nordic Testing DaysClimate Impact of Software Testing at Nordic Testing Days
Climate Impact of Software Testing at Nordic Testing Days
Kari Kakkonen
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 

Recently uploaded (20)

Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
 
UiPath Community Day Dubai: AI at Work..
UiPath Community Day Dubai: AI at Work..UiPath Community Day Dubai: AI at Work..
UiPath Community Day Dubai: AI at Work..
 
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
 
Free Complete Python - A step towards Data Science
Free Complete Python - A step towards Data ScienceFree Complete Python - A step towards Data Science
Free Complete Python - A step towards Data Science
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
 
Quantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIsQuantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIs
 
Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !
 
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
 
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptx
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptxSecstrike : Reverse Engineering & Pwnable tools for CTF.pptx
Secstrike : Reverse Engineering & Pwnable tools for CTF.pptx
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
 
Climate Impact of Software Testing at Nordic Testing Days
Climate Impact of Software Testing at Nordic Testing DaysClimate Impact of Software Testing at Nordic Testing Days
Climate Impact of Software Testing at Nordic Testing Days
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 

How to optimize the smart parking value chain and increase revenue.

  • 1. FoxNet. IoT and IT Solutions How to optimize the smart parking value chain and increase revenue. William Dupley, Digital Strategist FoxNet Inc. September 2018
  • 2. 2 Smart parking capabilities. 01. Why smart parking? 02. Transportation trends. 03. Smart parking value chain. 04. Parking management. 05. Parking revenue. 06. Parking optimization. 07. Parking integration. 08. Where to start? Agenda
  • 3. FoxNet. IoT and IT Solutions 3 We’re a creative & experienced team of architects and advanced parking system designers. FoxNet’s original premise was simple: save organizations from making costly IT mistakes. about us. • Over 15 Years of experience solving IT problems • A passion for customer service and personalized engagements • Agile; with the ability to adapt to technical changes as they come
  • 4. FoxNet. IoT and IT Solutions 4 Waterloo based service provider since 2002 Community Customer Service Trust Integrity Waterloo, Ontario our roots.
  • 5. FoxNet. IoT and IT Solutions 5 Why smart parking?
  • 6. FoxNet. IoT and IT Solutions 1. Reduced travel time 2. To spend less ($$) 3. Find spots with ease 4. Accessibility – Eliminate the need to stop and pay for parking 5. Access to electric car charging 6. Ability to handle different types of drivers, • (i.e. easy access for disabled drivers, delivery drivers, expectant mother) 7. Enable preferred parking spots or valet parking options 6 What do customers want from parking?
  • 7. FoxNet. IoT and IT Solutions • Parking guidance and information system (PGIS): Locating a parking spot • Transit-based information systems: Transit schedules and traffic conditions • Smart payment systems: Phones smart cards, credit cards, debit cards • Automated parking: Automatically parked cars in allocated spaces • Parking reservation (eParking): Reserve and pay for their parking in advance • Dynamic pricing: Based on time, location, and customer demand 7 Smart parking capabilities.
  • 8. FoxNet. IoT and IT Solutions 8 Benefits of smart parking.
  • 9. FoxNet. IoT and IT Solutions 9 Transportation trends.
  • 10. FoxNet. IoT and IT Solutions • In 2020, the parking industry will be severely disrupted by driverless cars • AlphaBet’s Waymo is already testing pricing and teaming up with public transit in the Phoenix area • Waymo has ordered 62000 Chrysler Pacifica to support this program - delivery 2018 10 Trends: Driverless Cars.
  • 11. FoxNet. IoT and IT Solutions • Waymo also announced a deal with Jaguar Land Rover to create self- driving Jaguar I-Pace electric SUVs • The first cars will begin testing this year and be part of the Waymo fleet by 2020 11 Trends: Driverless Cars.
  • 12. FoxNet. IoT and IT Solutions • Ehang has produced a "184" Personal Flying Vehicle (PFV). Able to deliver one human (up to 260 pounds) anywhere within a 10 mile/23- minute flight time reach • Top speed of 62mph, and max flight height of 11,000 feet 12 Trends: Personal Drones.
  • 13. FoxNet. IoT and IT Solutions • Uber is about expanding beyond its ride-sharing app to own and operate its own fleet of driverless vehicles • Michigan has found that subscription car services could result in a 51% reduction in car ownership 13 Trends: Subscription Services (Uber)
  • 14. FoxNet. IoT and IT Solutions • Driverless cars will significantly impact North America by 2030 • 2018 A North American family owns 2.1 cars, by 2030 it will drop to 1.2 cars • This will have at least a 43 % drop in demand for parking spaces • Subscriptions Uber services are estimated to have a an impact of about a 40% reduction in parking demand particularly in urban areas • On the plus sides you can fit 4 self driving cars in 3 parking spots • It is possible to increase revenue by 25% on the same parking lot assets 14 Driverless cars impact on parking.
  • 15. FoxNet. IoT and IT Solutions • Millennial’s preferred to live within walking distance of their work and prefer to live in walkable mixed-use downtown areas where they can easily take transit and walk to work • Some millennial’s are not interested in getting their driver’s license as a result of this change 15 Trends: Millennial Lifestyle.
  • 16. FoxNet. IoT and IT Solutions • London England • Congestion Charge • The Congestion Charge is an £11.50 daily charge for driving a vehicle within the charging zone between 07:00 and 18:00, Monday to Friday 16 Trends: Congestion Charges.
  • 17. FoxNet. IoT and IT Solutions 17 Smart parking value chain.
  • 18. FoxNet. IoT and IT Solutions 1. Parking Management: Ability to make strategic application, and use, of existing and planned parking spaces, both on-street and off-street, in a given area 2. Parking Revenue: Ticket for parking and enforcement of payment 3. Parking Optimization: Ability to ensure that data generated by smart parking services is not held in silos • Parking lots availability and occupancy is available to stakeholders 4. Parking integration: Ability to integrate data from all sources into data repository 18 Smart parking value chain.
  • 19. FoxNet. IoT and IT Solutions • Parking Purposes 1. Work: 22.2% 2. Shopping: 9.2% 3. Business: 36.8% 4. Recreation appointments & Private business: 31.8% • We can just raise prices. The impact of price changes are felt by those who use their cars for work • If you raise prices 133% - 99% of work commuters would find an alternative method of transit 19 Parking revenue opportunities. 19
  • 20. FoxNet. IoT and IT Solutions • Daily Rate $2.54/hr. • Short term rate $6.00/hr. # of spots Parking usage Percentage of users Duration of stay Price Per hour Occupancy Revenue 645 Business 36.80% 8 $6.00 90.00% $10,253.95 645 Shopping 9.20% 8 $6.00 90.00% $2,563.49 645 Work 22.20% 11 $2.54 90.00% $3,600.66 645 Other(recreation, Private business) 31.80% 8 $6.00 90.00% $8,860.75 Total daily Revenue $25,278.85 Increase price by 133 percent # of spots Parking usage Percentage of users Duration of stay Price Per hour Occupancy Revenue 645 Business 36.80% 8 $14.00 90.00% $23,925.89 645 Shopping 9.20% 8 $14.00 80.00% $5,316.86 645 Work 22.20% 11 $5.91 0.00% $0.00 645 Other(recreation, Private business) 31.80% 8 $14.00 80.00% $18,377.86 Total daily Revenue $47,620.61 20 Results in higher revenues.
  • 21. FoxNet. IoT and IT Solutions “Underpriced parking can have a large social cost, but overpriced parking can cause spaces to remain empty contributing to the loss of customers for nearby stores, loss of jobs to employees, and loss in tax revenues to governments” SFPark San Francisco study 21
  • 22. FoxNet. IoT and IT Solutions 2222 Parking management.
  • 23. FoxNet. IoT and IT Solutions 1. Identify available spaces 2. Secure revenue collection 3. Parking lot maintenance • (Identify snow, water, or debris) 4. Lot enforcement • (are long-term customers occupying short-term parking spots?) 5. Mobile payment support 6. Per minute parking charges • (versus flat rate charges) 7. Forecast parking demand 8. Optimize pricing strategies 23 Parking management capabilities.
  • 24. FoxNet. IoT and IT Solutions Goal: • Eliminate underpriced parking and reduce the number of drivers cruising nine streets to find an open space • SFpark maximize the efficiency of their garages • Ensure at least two or more spots were always available on all blocks Solution: • Variable pricing techniques to set the prices of curb parking using smart parking technology • With this technology, the city adjusted curb parking prices in response to the observed occupancy rates 24 Case Study: SFpark.
  • 25. FoxNet. IoT and IT Solutions Results: • Short-term parkers in garages increased by 11 percent or about 130,000 short-term parkers per year. • 74% of responded stated that it was "somewhat or very easy to pay for parking" • 43% reduction in the time it took for drivers to find a parking spot, resulting in drivers finding parking within 6.5 minutes • 30% reduction in vehicle miles traveled and greenhouse gases from vehicles searching for parking • 8% decrease in traffic volumes in areas with improved parking availability • 22% reduction in double parking in pilot areas 25 Case Study: SFpark.
  • 26. FoxNet. IoT and IT Solutions Opportunity/Issue • Business customers only used parking spots during business hours • Residential customers typically only occupy spots during evenings Solution • Change program and timeshared Results: • Freed up a floor which was converted to transient parking customers • Produced higher revenue 26 Case Study: Gas Town Vancouver.
  • 27. FoxNet. IoT and IT Solutions Opportunity/Issue • Popular tourist destination • Cottesloe managed parking using traditional methods: officers would patrol time-restricted areas, identifying overstays and issuing tickets • Inefficient & tedious - not all infringing vehicles were identified Solution • Installed Smart Parking • 554 in-ground vehicle detection sensors • Relaying information to their Smart Parking software Results • A 4 year period revenue from parking infringements increased from $230,400 to $983,200 27 Case Study: Town of Cottesloe, Perth, Australia.
  • 28. FoxNet. IoT and IT Solutions 28 Parking management data analysis.
  • 29. FoxNet. IoT and IT Solutions 29 Parking revenue.
  • 30. FoxNet. IoT and IT Solutions 1. Enforcement of payment 2. Dynamically adjust price 3. Accurate billing on how long car is parked 4. Read and store license plates 5. Manage prepaid permits & automated payment on entrance and exiting 6. Book and pay in advance & automated ticketing of vehicles that are past due 7. Integrate with credit cards 8. Ad revenue from Mobile Apps 9. Premium parking services (Valet) 30 Parking revenue capabilities.
  • 31. FoxNet. IoT and IT Solutions Opportunity /Issue: • Provide fast ability to quickly and efficiently park • Allow city officials to know when someone has parked illegally in loading areas or bike lanes Solution • Smart Parking Solutions using visual identification sensors mounted on street lights • Checks available and occupied parking spaces, updates every 3 seconds • Ensures parking space is adequate for the car model • Provides navigation to the nearest available parking space (automatic rerouting to alternative parking, if occupied) • Enables ability to choose right parking space according to needs (handicapped, parking space reserved for women, etc.) • Enables virtual reservation of parking space • Check pricing of the parking and pay by mobile • Provides guidance back to a customer’s car 31 Case Study: Bad Hersfeld, Germany.
  • 32. FoxNet. IoT and IT Solutions Results • A detailed overview of all parking zones can be obtained from a overview map • Ability to see availability across the 6 parking lots from one display • Eliminates cars driving around in circles trying to find a spot • Enabled the ability to ties into other systems and display other city information 32 Case Study: Bad Hersfeld, Germany.
  • 33. FoxNet. IoT and IT Solutions Opportunity/Issue • The parking meters with banknote collection capability required much maintenance Solution • Remove the banknote capability to drive customers to use credit cards • Done over a period of months Results • Both total revenue and transaction volume remained stable. • Credit card payment increased to account for 99% of all purchases • Removing note collectors saved the MPA thousands of maintenance cost • Shifted parkers from coin payment to credit card payment 33 Case Study: Miami Parking Authority.
  • 34. FoxNet. IoT and IT Solutions 34 Parking optimization.
  • 35. FoxNet. IoT and IT Solutions 1. Ensure data is not kept in individual Parking lot system silos 2. Display occupancy on each parking lot online 3. Display costs, rules, and lot restrictions (such as height and time you can stay) 4. Visibility and guidance to empty spots 5. Direct integration with city systems (Air quality, and traffic management) 6. Control emissions • Discounts and VIP spots for ‘clean’ vehicles 7. Automatically recommend alternative parking in real time 35 Parking optimization capabilities.
  • 36. FoxNet. IoT and IT Solutions Opportunity/Issue • VPNE was approached by a customer who requested up to 50 spaces on Fridays between 11:00am - 3:30pm • Could any of their facilities house that request? Solution • Enable visibility of their parking lots occupancy in real time. Results • Using the smart parking systems, they were able to nail down in 10 minutes and reserve that period on Fridays for that customer 36 Case Study: Valet Park of New England (VPNE).
  • 37. FoxNet. IoT and IT Solutions 37 Real time parking occupancy across VPNE’s Portfolio.
  • 38. FoxNet. IoT and IT Solutions Opportunity/Issue • They have thousands of tourists during the summer and winter months • Extreme seasonal parking demand Solution • Using smart parking data analysis, they were able to uncover the magnitude of the parking demand changes • Developed a strategy to move a variable parking rate • Increased their parking rates by 50% during the peak season 38 Case Study: City of Aspen.
  • 39. FoxNet. IoT and IT Solutions Results • Peak occupancy decreased by 12.5%. • Parking Revenue increased by 26.1% • Peak parking occupancies in the core decreased • Visitors and residents spent less time looking for parking • Parking turnover increased • More vehicles parked in off-street facilities and the periphery 39 Case Study: City of Aspen.
  • 40. FoxNet. IoT and IT Solutions 40 Case Study: City of Aspen.
  • 41. FoxNet. IoT and IT Solutions 41 Parking integration.
  • 42. FoxNet. IoT and IT Solutions 1. Link parking availability to car’s GPS systems 2.Ability to reserve, and pay for the parking spot in advance - cutting down congestion and pollution 3.Ability to understand the impact of removing parking spots for a part of the city 4. Predict parking demands for electric cars and charging 5. Understand commuter patterns within the city 6. Ability to integrate parking management systems with city demographics to determine pricing strategy 7.Single source for parking and IoT data 42 Parking integration capabilities.
  • 43. FoxNet. IoT and IT Solutions Opportunity/Issue • Provide guidance to parking spots in the City Solution • The City Pulse journey planner integrates parking lot information with traffic information into one guided system • User selects their location and then looks for parking lots - Journey Planner then maps a route and provides instructions on how to get there • If there is a traffic interruption the user is notified of the issue and guided to on different route • If on route the parking lot that they intended to go to becomes full they are directed to another parking lot that has space 43 Case Study: Journey Planner Aarhus, Denmark.
  • 44. FoxNet. IoT and IT Solutions Opportunity/Issue • Create IoT Infrastructure for City that integrates all Iot Information not just parking Solution • Common IoT Infrastructure that supports: • environmental monitoring • traffic conditions monitoring • parks and gardens irrigation • participatory sensing of information from citizens • outdoor parking control 44 Case Study: Santander, Spain.
  • 45. FoxNet. IoT and IT Solutions Results • Open data portal was 70 data catalogs containing information about different domains of the city such as public transport, water quality, cultural agenda, traffic conditions, etc. • Ability to find Parking spots quickly 45 Case Study: Santander, Spain. Detailed view of outdoor parking sensor deployment.
  • 46. FoxNet. IoT and IT Solutions Opportunity/Issue • Provide guidance to parking spots and integrate Fan experience Solution • On common Wi-Fi architecture for the entire stadium • Implemented a Smart Parking Lot system 46 Case Study: Levi’s Stadium.
  • 47. FoxNet. IoT and IT Solutions Results • Parking—Purchasing parking passes digitally and providing turn-by-turn directions to the visitor's assigned lot • Navigation—Helping fans quickly and easily find their seats • Security—Mitigating risks and enabling fans to be the eyes and ears of the stadium and report any security issues that may occur • Refreshments—Ensuring fans get the food and beverages they want, when they want them 47 Case Study: Levi’s Stadium.
  • 48. FoxNet. IoT and IT Solutions 48 Where to start?
  • 49. FoxNet. IoT and IT Solutions Business View (Why Do I need a new approach to parking) Functional View (What should the new parking solution give me?) Technical View (How should the parking solution be built and with what software) Implementation View (What is the work to build the new solution) 49 Building a smart parking solution: where to start.
  • 50. FoxNet. IoT and IT Solutions 1. Infrastructure planning 2. Economic Development 50 Step 1: Business View – Stratford.
  • 51. FoxNet. IoT and IT Solutions 1. Parking Management: • How is parking being used 2. Parking Revenue 3. Parking Optimization: • Where are there parking spots 4. Parking integration Step 2: Functional View. 51
  • 52. FoxNet. IoT and IT Solutions Step 3: Technical View – Stratford Parking Architecture. 53 AWS MQTT Broker Environment Approx. 50 KB Data/ Wk/Sensor Approx. 4MB Data/ Wk/ Total City of Stratford 78 PlacePod Sensors scanned every 30 minutes. If status changes on sensor in between scans, sensor sends notification immediately. iWay Data Migrator Restful API PostgreS QL WebFOCUS Rep Server WebFOCUS Client Eleven-X Lora Network FoxNet EVDC – PRD-IoT-IBI-Stratford SSH/SCP Port 22 Report Caster XML/Services Port Port 80/443 HTTP/HTTPS FoxNet EVDC – PRD-IoT-IBI- Stratford
  • 53. 53 Step 4: Implementation View – Parking Spot Analysis.
  • 54. FoxNet. IoT and IT Solutions 54 Official Address 92 Erb Street East Waterloo, Ontario N2J 1L9 William Dupley wdupley@foxnetsolutions.com We’re Social @FoxNetSolutions Linkedin.com/company/foxnet