Business Outlook of Smart Parking Management System

by Global Market Research Analyst

A parking management system automates the parking process, optimizing space and making processes efficient. There is real-time parking information, such as vehicle counts and available spaces, pay-and-park options, easy payments, and reports. In addition to enhancing and reinventing the public space, Grandi Stazioni Rail transforms the biggest station property complexes into town squares. Stations are transforming from places of transit to busy service centers, shopping malls, and venues for art and culture. As a functional interchange terminal, a station's principal service is the parking experience. From the arrival at the station, Grandi Stazioni Rail wants to turn the travel experience into a seamless, daily routine. Users need to be able to park their cars quickly and conveniently close to the tracks.

The use of smart parking systems is transforming the way we think about parking and creating high-value business outcomes for towns and cities. As a result, congestion is eased, air pollution is reduced, and residents' lives are improved. According to the market database, Microsoft aims to offer IoT solutions for Smart Cities through its management platform, which leverages its knowledge and partnerships. The goal is to create a modular, flexible solution that covers all aspects of digital cities. Intercomp has been selected as a Smart Parking solution and is transforming the market. It is now officially part of Microsoft's AppSource solution catalog.

It was necessary to offer this service in a structured and automated way during the renovation of Genova Piazza Principe, Verona Porta Nuova, Genova Brignole, Torino Porta Nuova, and Venetian Mestre stations in the north of Italy. For a high level of service, it was necessary to monitor the parking systems from a single control room in all their technical, economic, and statistical parameters. According to the market database, Hub Parking Technology installed 30 devices, including Lane Entry and Lane Exit peripherals, Ticket Readers, Automated Pay Stations, and centralized monitoring through the JMS Janus Management System, in five parking areas equipped with the ParQube solutions. Their solutions make parking easy, affordable, and stress-free for travelers. In addition to professionals, operators' technicians, and administrative staff, a functional interface makes daily operations easier for staff employees with limited parking management experience.