White Paper - Smart Parking Technologies for Retail and Hospitality
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Transcript of White Paper - Smart Parking Technologies for Retail and Hospitality
SMARTPARKINGTECHNOLOGIES
12.8% CAGR
IS EXPECTED TOGROW WITH
ACCORDING TO MARKETSANDMARKETS, THE GLOBAL PARKING MANAGEMENTMARKET WILL GROW FROM $5025.9 MILLION IN 2014 TO $9,160.8 MILLION BY 2019,AT A COMPOUND ANNUAL GROWTH RATE (CAGR) OF 12.8% DURING THE FORECASTPERIOD 2014 - 2019FROST & SULLIVAN HAS ESTIMATED "TOTAL SMART PARKING MARKET REVENUE INEUROPE AND NORTH AMERICA STOOD AT $7.05 BILLION IN 2014 AND IS EXPECTEDTO GROW AT A COMPOUND ANNUAL GROWTH RATE (CAGR) OF 18% TO REACH$43.56 BILLION IN 2025"
MAY 2016
$9,16B
REACHING
IN 2019
SMARTPARKING
Advantech
SMART PARKINGTECHNOLOGIEStable of contents
03 NEW WAYS SMARTPARKING WILL TURNPARKING ISSUE INTOOPPORTUNITIES
04
SMART PARKING ANDELECTRIC VEHICLESCHARGING STATIONS
05
PROMPT HIGHQUALITY SERVICE ISCRUCIAL
06 PARKINGMANAGEMENT: THEROLE OF HW, SW,SERVICES
.... AND RELATEDSOLUTIONS
09 ADVANTECH FORSMART PARKING
10 ADVANTECH MISSION
Ekkersrijt 5708 Science Park, Eindhoven 5692 ERSon, The Netherlands
www.advantech.eu
08 AN EYE TO THEMARKET: KEY PLAYERS
NEW WAYSSMART PARKINGWILL TURN
PARKING ISSUEINTO
OPPORTUNITIES
Smart Parking Technologies May 2016
ue to number of vehicles proliferation, traffic and parking problems arebecoming huge: current transportation infrastructures and car parkfacilities are unable to cope with density of population
Drivers, urban planners and car park owners see the parking issue fromtotally different perpectives: drivers just want to quickly find free parkinglots close to malls, shops, hotels, restaurants, amusement or entertainmentplaces; urban planners are focused on reducing parking-related traffic inthe city; parkings owners and operators - especially in retail and hospitality- are looking for reliable services and technologies, comprehensive trafficengineering expertise, optimum car park occupancy and hassle-freeoperation and solutions to attract customers
D
Prompt high-
quality parking
service is
crucialSmart parking service systems can increase operational efficiency and reducecustomer wait times: wayfinding solutions that not only indicates available parkingspaces, but also provides specific directions to assist customers locating a parkingspace
Equipped with cameras and payment terminals, smart parking service systemsalso supports self-service applications by enabling customers to make paymentsusing cash, credit cards and even mobile devices
Streamlining operations, smart parking service systems can improve servicequality and ensure positive customer experiences
Finally, smart parking service system can also be integrated with remotemanagement software that enables managers to remotely monitor devices andconduct database backups and recovery, thereby reducing maintenancedowntime and enhancing system security
SMART PARKING TECHNOLOGIES | MAY 2016
SMARTPARKING ANDELECTRICVEHICLESCHARGINGSTATIONSAn Oppor tun i t y i n Re ta i l andHosp i t a l i t y
Probably right now, the biggest supermarket closest to your home isattracting customers offering low cost fuel: last December, BBCannounced that "Morrisons, Tesco and Sainsbury's have cut the petrolprice below £1 a litre, the lowest UK price level, excluding specialpromotions, since 2009"
Of course, you may say that future of mobility, as the experts agree,will be electric and indeed it will be
This is really a huge opportunity: electric cars, like all other vehicles,need to be parked and to get their batteries recharged at relatively shortintervals. So why not offer electric recharging stations at parkingfacilities in Retail and Hospitality?
When Retail or Hospitality location is near to thoroughfares, visiblefrom the road, with easy ingress and egress, has access to electricalgrid and safe, is eligible to install a chrging station for electrical vehicles
Of course, charging stations roll-out requires investments: in a 2013report, Deloitte stated "that electric vehicle (EV) charging infrastructurecan be effectively rolled out, with future earning opportunities availableto utilities and other third parties willing to invest in public chargingstations. The research indicates that the key to profitability depends onvarious pricing models and the level of EV penetration. Present trendsdraw into question whether adequate levels of penetration can actuallybe achieved, absent subsidies, to offset infrastructure investment cost"
N O M A D I C | 2 4
RELATED TOPICS
PARKING MANAGEMENT:THE ROLE OF HARDWARE,SOFTWARE, SERVICES
Overstay parkingRetailers sought tomanage the increasingproblem of overstayparking and non-customers parkingmisuse
Smart parking systems can be valuable toolin parking enforcement by monitoring thereal-time usage of individual parking spaces
Plate recognition
Automatic number platerecognition (ANPR) is atechnology that usesoptical characterrecognition on images toread vehicle registrationplates.
Smart parking technologies are enabling a brand newparking exprience
Sensor networks that detect vehicle occupancy,embedded pcs, IoT gateways and cloud are providingthe basic intelligence behind smart parking systems
These systems provide real-time parking lotsavailability info to simplify parking spaces finding
Smart parking systems inform drivers where to findvacant parking spaces via smart phones or electronicstreet panels
Smart Parking systems also allow parking operators tomonitor and manage the parking spaces 24/7,obtaining real-time occupancy data and historicalanalytics reports to optimize operations
It can use existing closed-circuit television,road-rule enforcement cameras, or camerasspecifically designed for the task
Video-surveillanceDue to constant influx ofvehicles coming in andout of parking lots,control each vehicle ismandatory to nurturinga safe environment foreveryone
Implementing a reliable surveillance systemwithin the confines of a parking lot greatlyenhances security and safety
SMARTPARKING
SMA
RT
PA
RK
ING
Check-in
Engaging shopping experience begins witheasy car parking: Smar Parking systemsallows you to make it simple and easy foryour customers park for free (while all theothers pay) or get reserved exclusiveparking places
Car park finding
Smart Parking Technologies make enablecustomers to find quickily and easilyparking spaces: less time parking = lessstress and happier customers
more smart parking solutions
Parking analytics
Never before possible intelligence enablesto see what is happening in parking lots tomake data-based decisions. Parkinganalytics enacts information-baseddecisions to have a positive impact forcustomers while parking
ADVANTECH Fanless Embedded Systems
for Smart Parking
Request more info: [email protected]
Visit:http://select.advantech.com/smartparking/
Advantech’s ARK fanlessembedded systems are selfsensing, intelligent devicesthat integrate advancedsoftware and hardwaretechnologies, enablingcustomers to realize IoTapplications.These systems are capableof selfmanagement,seamless communication,and selfprotection, and can
be used to conduct realtime monitoring and controlling of connectedperipherals, automatic data collection, and reporting of abnormalities.The “SelfSensing” capability of ARK systems canbe easily initiated in various application environments
ENABLINGAN
INTELLIGENTPLANET
ADVANTECHMISSION
MAY
2016
| Smart P
arking
Tech
nologies
Founded in 1983 and headquartered in Taipei, Taiwan, Advantech is aglobal company focused on the realization of PC platforms, softwares,embedded and industrial automation solutions, providing systems
integration services and customer-centric designs.With over 7300 employees, 2 manufacturing plant, 4 logistics centers,15 service centers, Advantech is present in 21 countries worldwide.In over 30 years of growth, Advantech has established itself as a
reference brand in the industrial PC market, reaching the 7th place inInterbrand ranking of the 20 Taiwanese brand with greatest economicvalue and, according to IHS, already in 2013 by holding the 29.5%
market share of global industrial PC.To achieve its mission - Enabling an Intelligent Planet - Advantech isgeared toward the Internet of Things, Smart City and Industry 4.0 andis structured in IIot divisions, Smart City and Embedded Design-In.The IoT architecture developed by Advantech is divided into threelayers: devices, sensors and gateways; WISE-PaaS cloud services forbusiness intelligence, machine learning and virtualization; cloud
platforms for specific sectors.