ParKam helps you find the perfect parking spot

ParKam helps you find the perfect parking spot

October 19, 2019 0 By autotimesnews

Israeli startup uses crowdsourcing so you can win the fight for a parking space.

GPS navigation systems with crowdsourcing information and local information are changing the way you move between and within cities. A company has emerged that seeks to use the same technology for the last, relatively small step of your journey: finding parking.

ParKam is one of a growing number of startups involved in intellectual mobility emerging from Silicon Wadi, Israel. He has already presented the world with transport-oriented innovators such as Mobileye, Waze and Argus Cyber ​​Security, and Parkam could be the next big contribution from a technologically competent Mediterranean enclave to the future of mobility.

As with Waze, Google Maps or Here, which affect public roads, ParKam creates parking maps all over the world. But instead of sending fleets of vehicle-loaded vehicles (or relying on user data), ParKam uses security cameras already installed by parking operators and municipalities around the world. Then the application processes the images in real time, creating its own digital maps, monitoring the availability of free parking spaces in open, multi-level and underground areas using computer programs.

This information is then transmitted through the smartphone app, directing drivers to the nearest (or most desired) accessible location and even allowing users to remotely pay for parking. The network can also track the availability of a parking space using digital signs (for example, outside a multi-level garage), provide real-time data to operators and municipal control centers, and transmit information about parking violations to law enforcement officials.

In addition to enclosed areas, ParKam also extends to street parking, using artificial intelligence and computer training not only to track the availability of parking spaces, but also to predict demand, supply and road behavior.

The company currently tracks about 1.4 million parking spaces in countries such as Australia, Brazil, Dubai, the Netherlands and native Israel. However, the U.S. market, which CEO Asaf Naamani calls the “largest intellectual mobility and smart parking market in the world”, which, according to preliminary estimates, covers more than 2 billion parking spaces across the country, is of most interest. “We don’t have it yet, but when we get it, it can change the rules of the game for city drivers.”