SurePark

Post on 20-May-2015

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uses predictive analytics to estimate carpark availability, and allows carpark advance booking

Transcript of SurePark

Team Member NamesHoe Zong HuanAli TaqiGurvail Singh DhotSuchet Bhasin Xavier ConortHeriyono SimAshish Krishnarao Awaghad

SureParK

The current frustration & anxiety

SURE PARK

NO MORE!

THE IDEA

Parking is the first experience of any

destination for motor users

How lovely it would be if you could reserve your lot and save all the negative hassle

right from your fingertips.

PARKING REINVENTED

The Future of Parking is Here

We picture a future where drivers can reserve a parking spot at their destination and be

automatically allocated a parking lot at their arrival.

SOLUTION

Existing Infrastructure sensors life data

Integration of SureParK Predictive

modeling (Time series) to existing Car park operators

Console database

sensors

SureParK

Predictive modeling

SureParK end consumer application for booking

processBOOKING COMPLETE

3. Based on our analytics insight, we turn 20 occupied lots

in yellow

How it works

1. Predictive modelling of utility & exit rates

Welcome, your parking lot is F18,

2nd floor

2. Prebooking now for 4.30 p.m.

5.4. When one of the 20 cars

leaves, the lot is ours

Predictive analytics

Predictive analytics

3. Based on our analytics insight, we turn 20 occupied lots

in yellow

How it works

1. Predictive modelling of utility & exit rates

Welcome, your parking lot is F18,

2nd floor

2. Prebooking now for 4.30 p.m.

5.4. When one of the 20 cars

leaves, the lot is ours

Revenue Model

Advertising Profit Sharing

• Profit sharing with the parking lot operators

Estimated break down

• 60% SurePark • 40% Parking lot

operator

• Selling advertising space in our mobile application (SurePark)

Key Targets. • Advertising Firms• Shopping Malls• Movie Theaters • Car Rental

companies • Car Wash companies

Integration with Car Park system Data base

Partnerships with Car park operators and Car Park system

integrators.

Life car park entry, exit and Ultra sound sensors life data required

Next Steps

Credits & Contacts

Data sets used:•LTA Carpark Availability•Metro Parking

Team leadName: Hoe Zong HuanNumber: 85955679Email: hoezonghuan@gmail.com

Team members: •Suchet Bhasin •Xavier Conort•Heriyono Sim•Ali Taqi•Ashish Krishnarao Awaghad - •Dhot