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Happiest People Happiest Customers
SMART PARKING
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved2
Contents
Introduction...............................................................................................................................................3
Need and Benefit Analysis of Smart Parking............................................................................................4
Smart Parking Work Flow Analysis...........................................................................................................4
Actors Involved..........................................................................................................................................6
• Scenario Illustration...............................................................................................................................7
Potential Market Landscape......................................................................................................................9
Challenges and Major Paint Points..........................................................................................................11
Happiest Minds IoT Approach..................................................................................................................12
Conclusion................................................................................................................................................13
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
Traffic congestion caused by vehicle is an alarming problem at a global scale and it has been growing exponentially. Car parking
problem is a major contributor and has been, still a major problem with increasing vehicle size in the luxurious segment and confined
parking spaces in urban cities. Searching for a parking space is a routine (and often frustrating) activity for many people in cities around
the world. This search burns about one million barrels of the world’s oil every day. As the global population continues to urbanize,
without a well-planned, convenience-driven retreat from the car these problems will worsen.
According to a report, Smart Parking could result in 2,20,000 gallons of fuels saving till 2030 and approx. 3,00,000 gallons of
fuels saved by 2050 , if implemented successfully .
3
Introduction.
Smart Parking systems typically obtains information about available parking spaces in a particular geographic area and process is
real-time to place vehicles at available positions .It involves using low-cost sensors, real-time data collection, and mobile-phone-enabled
automated payment systems that allow people to reserve parking in advance or very accurately predict where they will likely find a spot.
When deployed as a system, smart parking thus reduces car emissions in urban centers by reducing the need for people to needlessly
circle city blocks searching for parking. It also permits cities to carefully manage their parking supply
Smart parking helps one of the biggest problems on driving in urban areas; finding empty parking spaces and controlling illegal parking.
This implies M2M technologies aims rightness/safety as well as convenience.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved4
Smart Parking would enable the following
• Accurately predict and sense spot/vehicle occupancy in real-time.
• Guides residents and visitors to available parking.
• Optimize Parking Space Usage
• Simplifies the parking experience and adds value for parking stakeholders, such as drivers and merchants
• Help traffic in the city flow more freely leveraging IoT technology.
• Enables intelligent decisions using data, including real–time status applications and historical analytics reports
• Smart Parking plays a major role in creating better urban environment by reducing the emission of CO2 and other pollutants
• Smart Parking enables better and real time monitoring and managing of available parking space ,
resulting in significant revenue generation
• Provides tools to optimize workforce management
Need and benefits analysis of smart parking
Smart parking work flow analysis
One single Gateway
covers an area of
about 1 square Km.
The gateway sends the
information via the internet
to the database in real time.
The occupancy
is instantly reported
to the users via apps
and illuminated panels
in the street.
Data base
Internet
The central control
can get real time
analytics
about parking bays
occupancy per
areas and times
of the day
When a car parks
over the sensor,
it is detected and
the sensor relays
that information-
wirelessly- to the
gateway.
When connected
to the payment
method system,
the authority can
identify non-paying
cars and with the
use of a tablet app,
parking wardens can
work more effectively.
1 2
3
4 6
5
1 square Km.
1 square Km.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved5
Parking assistance system description
• The Parking Assistance System include three modules-Monitoring module, Control module and a displaying unit. Along with above
three module it will also have centralized supervisory system to maintain a data base of parking space and will have a SMS gateway.
• The monitoring module includes ultrasonic sensors/ ambient light sensor which identifies the free parking spaces and transmits the
Information to control unit through Zigbee.
• Apart from detecting the car the sensor also provides additional information like the stretch of time the car has been parked and also
its health status.
• The control units processes the information and sends the information to Centralized supervisory system.
• Centralized supervisory system receives information of parking space from the controller through UDP. It then sends the information
such as slot allotted, time parked, billing information and directional details to the user’s mobile phone
SQL Central
Supervisory
Station
Listen Tool
To SMS
Gateway
From
User
interface
PRE-REQUISITES (ASSUMPTIONS):
• An infrastructure (person/service) is expected to route and receive the requests and acknowledge them.
• A system is expected to be in place to act.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved6
Actors involved
On-street
Parking
Meter
This is a M2M Device installed near parking slots to
charge drivers parking fees
M2M
Service
Platform
This is a platform that interacts with M2M Gateways/
Devices and M2M Application Service Providers.
Device
Smartphone
This is a M2M Device acts as a car navigator and a
wallet to pay parking fee by connecting parking meters.
This is a M2M Device installed near parking slots to
charge drivers parking feesDevice
In-building
Parking
Sensor
Parking
Provider
This is a M2M Application Service Provider who owns
parking lots, in this use case there are two parking
providers; in the mall and on street.
System
This is a M2M Application Service Provider (e.g. credit
card company) who provides billing service to M2M Users
such as parking fee. When it issues a bill, coupons from
M2M Application Service Providers are used as tokens
for compensation schemes. They also can charge fines
issued by police center on their bills
Billing
Provider
System
User This is a M2M service user who drives a carPerson
Person
Police
Centre
This is a law enforcement authority,
one of M2M Application Service Providers,
who charges fine to whom break laws
Actor Name
Actor Type
(person, organization,
device, system)
Role Description
System
Device
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved7
M2M Service
PlatformSmartphone
Access Network
(3GPP, 3GPP2)
Parking
Meter
Parking
Sensor
Area Network
Area Network
Police
Center
Billing
Provider
Parking
Provider
Parking
Provider
The Smartphone
navigator sends
the car’s location
(near the mall) to
the Parking Provider
in the mall.
The M2M Service
Platform checks
the parking lots with
the Parking provider
of the mall and the street.
normal call flow
Scenario Illustration
1
Mall
Street
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved8
The Smartphone
navigator sends
the car’s location
(near the mall) to
the Parking Provider
in the mall.
The M2M Service
Platform checks
the parking lots with
the Parking provider
of the mall and the street.
The Parking
provider
The Parking
provider
2
The Smartphone
navigator sends
the car’s location
(near the mall) to
the Parking Provider
in the mall.
The M2M Service
Platform checks
the parking lots with
the Parking provider
of the mall and the street.
The Parking provider
would offer parking
discount (if any)
on the go.
The Parking
provider would
recommend
parking space
to the navigator.
The On-Street
Parking Meter
would direct the
vehicle and the
parking provider
to “Start Parking “
3
Process flow diagram
On-street
Parking Meter
Smartphone
Navigator
M2M Service
Platform
M2M Application Service Domain
Parking
Provider
(mall)
Parking
Provider
(street)
Billing
Provider
1. Send car’s location (near the mall
2. Send current parking avilability (fully occupied)
3. Check other parkin lots
4. Recommend parking space (on street)
5. Start parking
7. Finish parking
6. Offer parking fee discount
8. Bill parking fee (discounted)
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved9
The Parking provider
would offer parking
discount (if any)
on the go.
After the parking
period is over,
the provider
would intimate
the On-Street
Parking meter.
The On-Street
Parking Meter
would direct the
vehicle and the
parking provider
to “Start Parking “
4
Potential market Landscape
The rapid growth in the number of vehicles worldwide is intensifying the problem of the scarcity of parking space. Again according to industry
data, 30% of traffic congestion occurs due to vehicle drivers struggling to find parking space. These in turn are magnifying the necessity of
smart and efficient parking systems. Today’s intelligent parking management systems are capable of providing extreme level of conveni-
ence to the drivers, as well as simplifying and automating the business operation and administrative functions of the parking site owners.
Emerging Trends in Parking
Following are the trends having the greatest effect on Parking Industry
The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will
open the window of opportunities for parking management business. The ongoing and upcoming smart city projects worldwide will create
room for the intelligent parking management systems. The global parking management industry is expected to grow at a Compound Annual
Growth Rate (CAGR) of 11.4% from 2014 to 2019.
The parking management market is estimated to be at $5,025.9 million in 2014. The market is expected to grow in tandem with the growth
in vehicle ownerships and parking facilities development. Need for smooth traffic flow, business benefits to the parking site operators, and
decreasing hardware and connectivity costs are the key drivers for the parking management industry.
Traffic congestion and gasoline prices leads the list for the major societal changes having significant
influence on parking.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved10
Challenges and major pain points
The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will
open the window of opportunities for parking management business. The ongoing and upcoming smart city projects worldwide will create
room for the intelligent parking management systems. The global parking management industry is expected to grow at a Compound Annual
Growth Rate (CAGR) of 11.4% from 2014 to 2019.
The parking management market is estimated to be at $5,025.9 million in 2014. The market is expected to grow in tandem with the
growth in vehicle ownerships and parking facilities development. Need for smooth traffic flow, business benefits to the parking
site operators, and decreasing hardware and connectivity costs are the key drivers for the parking management industry.
The major challenge in Parking Systems is of system integration due to wide variety of hardware and software platforms involved and hence
possess a great threat or concern to the system scalability.
The technology platform supporting P&E , PARC and PUCRS systems comprises of a myriad of hardware sensors, dynamic messaging
systems and traffic control devices, wireless and wireline telecommunications systems, computer clients and servers and hardware drivers
and application interfaces.
Enabling all these devices from thousands of different vendors to communicate and tying them together into one platform is the greatest
challenge in reducing the cost and complexity of smart parking. The variety of infrastructure hardware and software systems that need to be
integrated is enormous and add to it the conventional older hardware making investment in Smart Parking solution highly risky and
fragmented.
Another major paint point comes from the electronic payment vendors. These payment processors provide permit based electronic
payment, typically for a convenience fee. The key to many of these hosted solutions is scalability, the ability of the transaction processor
to support over wide geographical, market and service areas, with minimal cost
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
• Absence of a robust billing platform leading to possible revenue leakages
• Interoperability between devices/lack of standards.
• Although other countries have solutions deployed, Smart parking does not really provide much solution
to two wheelers as yet in India.
• Various Security issues and threats to the installed on-site parking meter.
• The IoT enabled Parking System shall support mechanisms to correlate charging data/records from different IoT
Application Service Providers.
• The IoT enabled Parking System shall support triggering M2M Devices to report on-demand information regarding
collected data from other M2M Devices
• Smart parking providers will need to establish reliable application programming interfaces (APIs) that enable service
partners to provide consumers with access to smart parking services on-line through a variety of channels, including the
web, mobile phone apps, connected personal navigation devices and car telematics services
Indian Specific Ecosystem Challenges
11
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
Our brand commitment is to deliver a customer experience which is smart, connected and secure. With the advanced benefits of M2M
technology, we focus on delivering services that would make enterprises, our environment and life smarter than in the future.
Our IoT services range from designing hardware devices, cloud enablement, mobility enablement, engineering and real-time
analytics, and consulting to create end-to-end solutions. Our IoT services encompass managed services via SOC/NOC that
ensures smooth functioning of the M2M infrastructure for the business
Happiest minds internet of things approach
Embedded
Design Services
Cloud
Enablement
Real-time
Analytics
Vertical
Solutions
Mobility
Enablement
12
The major enablers or drivers for smart parking, essentially are the problems of urban livability, transportation mobility and
environment sustainability. Primarily Smart Parking technology is about enhancing the productivity levels and the service
levels in operations. Some of the underlying benefits could be lowering operating costs, while building value for customer to
drive occupancy, revenues and facility value. We have evolved from traditional servicing channels like toll-booth and parking
attendants to incorporate automated pay stations, meters and gates.
Parking is a $ 25 billion dollar industry which has seen minimalistic innovations and implementations. The majority of invest-
ments has always been in creating energy-efficient hybrid and electric vehicles, which in-turn still doesn’t solve the problem of
global gridlock causing the same burden on urban gridlock. Finally, in the long run, smart parking can actually transform the
very makeup of our urban landscapes, making them more amenable to people rather than cars.
Street to Vehicle communication would be pivotal and crucial along with the Vehicle to Vehicle communication as the success
and market readiness of Autonomous vehicle ecosystem lies in collecting and interpreting the data at the Street Level.
Conclusion
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
Consumers
& Motorists
Private Parking
Providers
City & Department
of transportation
Sensors
& Apps
Meters &
Smart Parking
Merchants
System
intgrators
Revenue Management &
Parking Operations
13
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
About the Author
Happiest Minds
Aditya Basu
Aditya is a certified Business Analyst, ITIL v3, Business Continuity Management and Business Process
Framework Professional. He has a rich experience in technology R&D, business development and Solu-
tion Offerings with special focus on Internet of Things domain. Aditya holds a MBA degree from Symbio-
sis International University with a Bachelors’ degree in Computer Science Engineering. You can reach
him at aditya.basu@happiestminds.com
Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart,Secure and
Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social
computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement
Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights,
while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise
across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security,
Testing and Consulting.
Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia.
It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota..
Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $45
million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.
14
© 2014 Happiest Minds. All Rights Reserved.
E-mail: Business@happiestminds.com
Visit us: www.happiestminds.com
Follow us on
This Document is an exclusive property of Happiest Minds Technologies Pvt. Ltd

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Smart parking - Happiestminds !

  • 1. Happiest People Happiest Customers SMART PARKING
  • 2. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved2 Contents Introduction...............................................................................................................................................3 Need and Benefit Analysis of Smart Parking............................................................................................4 Smart Parking Work Flow Analysis...........................................................................................................4 Actors Involved..........................................................................................................................................6 • Scenario Illustration...............................................................................................................................7 Potential Market Landscape......................................................................................................................9 Challenges and Major Paint Points..........................................................................................................11 Happiest Minds IoT Approach..................................................................................................................12 Conclusion................................................................................................................................................13
  • 3. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved Traffic congestion caused by vehicle is an alarming problem at a global scale and it has been growing exponentially. Car parking problem is a major contributor and has been, still a major problem with increasing vehicle size in the luxurious segment and confined parking spaces in urban cities. Searching for a parking space is a routine (and often frustrating) activity for many people in cities around the world. This search burns about one million barrels of the world’s oil every day. As the global population continues to urbanize, without a well-planned, convenience-driven retreat from the car these problems will worsen. According to a report, Smart Parking could result in 2,20,000 gallons of fuels saving till 2030 and approx. 3,00,000 gallons of fuels saved by 2050 , if implemented successfully . 3 Introduction. Smart Parking systems typically obtains information about available parking spaces in a particular geographic area and process is real-time to place vehicles at available positions .It involves using low-cost sensors, real-time data collection, and mobile-phone-enabled automated payment systems that allow people to reserve parking in advance or very accurately predict where they will likely find a spot. When deployed as a system, smart parking thus reduces car emissions in urban centers by reducing the need for people to needlessly circle city blocks searching for parking. It also permits cities to carefully manage their parking supply Smart parking helps one of the biggest problems on driving in urban areas; finding empty parking spaces and controlling illegal parking. This implies M2M technologies aims rightness/safety as well as convenience.
  • 4. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved4 Smart Parking would enable the following • Accurately predict and sense spot/vehicle occupancy in real-time. • Guides residents and visitors to available parking. • Optimize Parking Space Usage • Simplifies the parking experience and adds value for parking stakeholders, such as drivers and merchants • Help traffic in the city flow more freely leveraging IoT technology. • Enables intelligent decisions using data, including real–time status applications and historical analytics reports • Smart Parking plays a major role in creating better urban environment by reducing the emission of CO2 and other pollutants • Smart Parking enables better and real time monitoring and managing of available parking space , resulting in significant revenue generation • Provides tools to optimize workforce management Need and benefits analysis of smart parking Smart parking work flow analysis One single Gateway covers an area of about 1 square Km. The gateway sends the information via the internet to the database in real time. The occupancy is instantly reported to the users via apps and illuminated panels in the street. Data base Internet The central control can get real time analytics about parking bays occupancy per areas and times of the day When a car parks over the sensor, it is detected and the sensor relays that information- wirelessly- to the gateway. When connected to the payment method system, the authority can identify non-paying cars and with the use of a tablet app, parking wardens can work more effectively. 1 2 3 4 6 5 1 square Km. 1 square Km.
  • 5. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved5 Parking assistance system description • The Parking Assistance System include three modules-Monitoring module, Control module and a displaying unit. Along with above three module it will also have centralized supervisory system to maintain a data base of parking space and will have a SMS gateway. • The monitoring module includes ultrasonic sensors/ ambient light sensor which identifies the free parking spaces and transmits the Information to control unit through Zigbee. • Apart from detecting the car the sensor also provides additional information like the stretch of time the car has been parked and also its health status. • The control units processes the information and sends the information to Centralized supervisory system. • Centralized supervisory system receives information of parking space from the controller through UDP. It then sends the information such as slot allotted, time parked, billing information and directional details to the user’s mobile phone SQL Central Supervisory Station Listen Tool To SMS Gateway From User interface PRE-REQUISITES (ASSUMPTIONS): • An infrastructure (person/service) is expected to route and receive the requests and acknowledge them. • A system is expected to be in place to act.
  • 6. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved6 Actors involved On-street Parking Meter This is a M2M Device installed near parking slots to charge drivers parking fees M2M Service Platform This is a platform that interacts with M2M Gateways/ Devices and M2M Application Service Providers. Device Smartphone This is a M2M Device acts as a car navigator and a wallet to pay parking fee by connecting parking meters. This is a M2M Device installed near parking slots to charge drivers parking feesDevice In-building Parking Sensor Parking Provider This is a M2M Application Service Provider who owns parking lots, in this use case there are two parking providers; in the mall and on street. System This is a M2M Application Service Provider (e.g. credit card company) who provides billing service to M2M Users such as parking fee. When it issues a bill, coupons from M2M Application Service Providers are used as tokens for compensation schemes. They also can charge fines issued by police center on their bills Billing Provider System User This is a M2M service user who drives a carPerson Person Police Centre This is a law enforcement authority, one of M2M Application Service Providers, who charges fine to whom break laws Actor Name Actor Type (person, organization, device, system) Role Description System Device
  • 7. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved7 M2M Service PlatformSmartphone Access Network (3GPP, 3GPP2) Parking Meter Parking Sensor Area Network Area Network Police Center Billing Provider Parking Provider Parking Provider The Smartphone navigator sends the car’s location (near the mall) to the Parking Provider in the mall. The M2M Service Platform checks the parking lots with the Parking provider of the mall and the street. normal call flow Scenario Illustration 1 Mall Street
  • 8. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved8 The Smartphone navigator sends the car’s location (near the mall) to the Parking Provider in the mall. The M2M Service Platform checks the parking lots with the Parking provider of the mall and the street. The Parking provider The Parking provider 2 The Smartphone navigator sends the car’s location (near the mall) to the Parking Provider in the mall. The M2M Service Platform checks the parking lots with the Parking provider of the mall and the street. The Parking provider would offer parking discount (if any) on the go. The Parking provider would recommend parking space to the navigator. The On-Street Parking Meter would direct the vehicle and the parking provider to “Start Parking “ 3
  • 9. Process flow diagram On-street Parking Meter Smartphone Navigator M2M Service Platform M2M Application Service Domain Parking Provider (mall) Parking Provider (street) Billing Provider 1. Send car’s location (near the mall 2. Send current parking avilability (fully occupied) 3. Check other parkin lots 4. Recommend parking space (on street) 5. Start parking 7. Finish parking 6. Offer parking fee discount 8. Bill parking fee (discounted) © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved9 The Parking provider would offer parking discount (if any) on the go. After the parking period is over, the provider would intimate the On-Street Parking meter. The On-Street Parking Meter would direct the vehicle and the parking provider to “Start Parking “ 4
  • 10. Potential market Landscape The rapid growth in the number of vehicles worldwide is intensifying the problem of the scarcity of parking space. Again according to industry data, 30% of traffic congestion occurs due to vehicle drivers struggling to find parking space. These in turn are magnifying the necessity of smart and efficient parking systems. Today’s intelligent parking management systems are capable of providing extreme level of conveni- ence to the drivers, as well as simplifying and automating the business operation and administrative functions of the parking site owners. Emerging Trends in Parking Following are the trends having the greatest effect on Parking Industry The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. The ongoing and upcoming smart city projects worldwide will create room for the intelligent parking management systems. The global parking management industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.4% from 2014 to 2019. The parking management market is estimated to be at $5,025.9 million in 2014. The market is expected to grow in tandem with the growth in vehicle ownerships and parking facilities development. Need for smooth traffic flow, business benefits to the parking site operators, and decreasing hardware and connectivity costs are the key drivers for the parking management industry. Traffic congestion and gasoline prices leads the list for the major societal changes having significant influence on parking. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved10
  • 11. Challenges and major pain points The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. The ongoing and upcoming smart city projects worldwide will create room for the intelligent parking management systems. The global parking management industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.4% from 2014 to 2019. The parking management market is estimated to be at $5,025.9 million in 2014. The market is expected to grow in tandem with the growth in vehicle ownerships and parking facilities development. Need for smooth traffic flow, business benefits to the parking site operators, and decreasing hardware and connectivity costs are the key drivers for the parking management industry. The major challenge in Parking Systems is of system integration due to wide variety of hardware and software platforms involved and hence possess a great threat or concern to the system scalability. The technology platform supporting P&E , PARC and PUCRS systems comprises of a myriad of hardware sensors, dynamic messaging systems and traffic control devices, wireless and wireline telecommunications systems, computer clients and servers and hardware drivers and application interfaces. Enabling all these devices from thousands of different vendors to communicate and tying them together into one platform is the greatest challenge in reducing the cost and complexity of smart parking. The variety of infrastructure hardware and software systems that need to be integrated is enormous and add to it the conventional older hardware making investment in Smart Parking solution highly risky and fragmented. Another major paint point comes from the electronic payment vendors. These payment processors provide permit based electronic payment, typically for a convenience fee. The key to many of these hosted solutions is scalability, the ability of the transaction processor to support over wide geographical, market and service areas, with minimal cost © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved • Absence of a robust billing platform leading to possible revenue leakages • Interoperability between devices/lack of standards. • Although other countries have solutions deployed, Smart parking does not really provide much solution to two wheelers as yet in India. • Various Security issues and threats to the installed on-site parking meter. • The IoT enabled Parking System shall support mechanisms to correlate charging data/records from different IoT Application Service Providers. • The IoT enabled Parking System shall support triggering M2M Devices to report on-demand information regarding collected data from other M2M Devices • Smart parking providers will need to establish reliable application programming interfaces (APIs) that enable service partners to provide consumers with access to smart parking services on-line through a variety of channels, including the web, mobile phone apps, connected personal navigation devices and car telematics services Indian Specific Ecosystem Challenges 11
  • 12. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved Our brand commitment is to deliver a customer experience which is smart, connected and secure. With the advanced benefits of M2M technology, we focus on delivering services that would make enterprises, our environment and life smarter than in the future. Our IoT services range from designing hardware devices, cloud enablement, mobility enablement, engineering and real-time analytics, and consulting to create end-to-end solutions. Our IoT services encompass managed services via SOC/NOC that ensures smooth functioning of the M2M infrastructure for the business Happiest minds internet of things approach Embedded Design Services Cloud Enablement Real-time Analytics Vertical Solutions Mobility Enablement 12
  • 13. The major enablers or drivers for smart parking, essentially are the problems of urban livability, transportation mobility and environment sustainability. Primarily Smart Parking technology is about enhancing the productivity levels and the service levels in operations. Some of the underlying benefits could be lowering operating costs, while building value for customer to drive occupancy, revenues and facility value. We have evolved from traditional servicing channels like toll-booth and parking attendants to incorporate automated pay stations, meters and gates. Parking is a $ 25 billion dollar industry which has seen minimalistic innovations and implementations. The majority of invest- ments has always been in creating energy-efficient hybrid and electric vehicles, which in-turn still doesn’t solve the problem of global gridlock causing the same burden on urban gridlock. Finally, in the long run, smart parking can actually transform the very makeup of our urban landscapes, making them more amenable to people rather than cars. Street to Vehicle communication would be pivotal and crucial along with the Vehicle to Vehicle communication as the success and market readiness of Autonomous vehicle ecosystem lies in collecting and interpreting the data at the Street Level. Conclusion © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved Consumers & Motorists Private Parking Providers City & Department of transportation Sensors & Apps Meters & Smart Parking Merchants System intgrators Revenue Management & Parking Operations 13
  • 14. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved About the Author Happiest Minds Aditya Basu Aditya is a certified Business Analyst, ITIL v3, Business Continuity Management and Business Process Framework Professional. He has a rich experience in technology R&D, business development and Solu- tion Offerings with special focus on Internet of Things domain. Aditya holds a MBA degree from Symbio- sis International University with a Bachelors’ degree in Computer Science Engineering. You can reach him at aditya.basu@happiestminds.com Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart,Secure and Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. 14 © 2014 Happiest Minds. All Rights Reserved. E-mail: Business@happiestminds.com Visit us: www.happiestminds.com Follow us on This Document is an exclusive property of Happiest Minds Technologies Pvt. Ltd