Importance of sensor specs and KPI’s to a smart parking solution

Technical characteristics (specs) of parking sensors are not just “specs” that make engineers happy - these often directly translate into additional revenue earned or operational costs savings, thus should be considered as important KPI’s for a smart parking project. The following are several key KPI’s that you can impact your project’s reliability, CAPEX and

December 7th, 2020|

Learn How Smart Parking Technology Supports You During Coronavirus

Logistics companies have played a major role in supporting society throughout the coronavirus lockdown. Delivery firms are now a lifeline for the economy, ensuring that goods get to people who need them most. However, as vital as delivery firms have been, there have been several occasions when the sheer demand for their services has

May 20th, 2020|

Pros and Cons of Smart Parking Systems

With progressing urbanisation and increasing availability of the cars and ride hailing services, inefficient parking has become a huge burden for drivers. Motorists on average spend 30% of their driving time in cities looking for free spaces and that causes much frustration and stress. INRIX studied drivers’ parking behaviour in 30 cities in the

December 10th, 2019|

City Parking Solutions Throughout the Time

Parking problems have always been an issue since the very first automobiles were invented. But it got even worse with the progressing urbanization and population expansion. Today in the US, for example, there are 8 parking spots for every car, parking lots on the average cover about 30% of cities, and collectively take up

September 12th, 2019|

What the Future Holds for Car Parking? E&T Interview with Yury Birchenko

With all the advances in the automotive industry that we’ve seen in the past decade, finding a parking spot is still as frustrating as ever. Today, we see how technology has reshaped completely the taxi sphere, and autonomous cars are no longer a science fiction, and just a matter of a few years. Automation continues

March 28th, 2019|

Future of Nwave & Smart Parking

The future of parking is smart and frictionless! In his interview, Yury Birchenko, CTO and Founder of Nwave shares the story of bringing true digital transformation to parking and urban mobility. The unmatched, in many criteria, sensor technology stands as a leader of vehicle detection, bringing easy and stress-free experience for both drivers and parking

February 14th, 2019|

Why More Parking Isn’t Always the Best Answer

The August 2018 issue of Parking Today magazine includes an article by Nwave’s very own Patrick Noon. Check out this short summary: For many municipalities, parking management is becoming a tougher challenge year after year. The advent of ride-sharing, delivery services of all types, elimination of parking minimums at high density housing developments, and increased

August 30th, 2018|

2018 Emerging Smart Parking Trends

Over the past decade, technological advances and shifts in social attitudes have dramatically changed the way we view urban mobility. The transformation of the auto industry has affected not only the way we move from point A to point B, but it also has left a significant impact on energy companies, insurers, health care, the

July 30th, 2018|

Detection Perfection – Accuracy is the Name of the Game

Object recognition (r)evolution In this age of rapidly advancing and ever-accelerating technological progress, many ideas deemed impossible yesterday are transformed into reality today. In the domain of object detection, for example, Google’s best algorithms could only recognize a cat in a photo “just” 70% of the time in 2012. Now, Google’s AI is able

June 6th, 2018|

Plug and Play Smart Parking

Foreword Opening the business series of blog publications focused on real-time parking management, we thought it would be best to begin by outlining quality and up-to-date perspectives of industry professionals, rather than describing our own view of the space at length. The smart parking space is very broad and information sometimes seems fragmented, so

May 21st, 2018|
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