An Idea for Parking Tech

1. Connected Single Spot Parking Barriers

A) Premise – Public parking spaces in crowded commercial areas are best used in the following ways

  1. Free parking for the first 30 mins to 2 hr. (based on multiple factors like vehicle density, crowd and time of the day which determines parking demand) followed by paid parking with incremental charges by the hour.
  2. Reserved parking for senior citizens and people with disability ensuring that there struggles are not increased. This should also follow the model in point 1 with different time restrictions based demand
  3. Premium parking if a user is ready to forgo free parking time, books early and is ready to pay more

B) Equipment – Single spot parking barriers operable through a web/mobile app. Image 1 shows few samples of currently available units for domestic/small enterprise use. Image 2 shows a sample of how a connected bookable barrier will look like.

Image 1 – Samples of existing single space barriers
Image 2: Model Parking Barrier

The barrier should ideally have all the following features:

  1. Sturdy and fixable on the ground; should be difficult to tamper with
  2. Takes minimal space under the car when down with a steady connection to power and internet.
  3. Camera / Sensor to auto up when the car moves away after parking
  4. Bright display / board to let the person who booked to easily identify the spot and let others know how to book
  5. Camera to detect and auto down based on number plate

C) Workflow

Below is a high level end to end workflow of how a parking service using connected single space barriers can work.

D) App Wireframe

Below are 6 low fidelity wireframes covering the major aspects of the workflow mentioned above.

E) Minimum Viable Product

This service can be launched with a bare minimum of the following to understand market acceptability and customer behavior towards the same:

  1. A simple booking and parking executive app based on which all bookings are manually handled at the spot
  2. Remote controlled parking barriers operatable by the executive similar to this – https://www.alibaba.com/product-detail/U-Shape-Carport-Remote-Control-Parking_60675313400.html?spm=a2700.7724838.2017115.72.41ae253aDFtILU
  3. Payment through parking executives

F)Market

G)Launch

G) The Math

2. Anywhere Valet

A) Premise – Any time spend upwards of 15 – 30 mins to find parking and walk from the parking to the desired destination might not justify taking the car out.

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