Smart Parking System

Rapid urbanization and real estate development has led to an increase in number of vehicles in use and resultant road traffic. Escalating traffic congestion, and long parking waiting lines has led to an immediate large-scale need for adoption of a smart parking system that help optimize the use of parking spaces and enhances the user experience with real-time traffic and parking insights. SBL’s smart parking is a robust software solution that is aimed at solving the parking challenges faced by cities across the globe that are witnessing a rise in traffic and associated parking hassles. As per research, an individual spends 37 minutes on average to find a parking spot resulting in increased traffic chaos and accidents besides causing wastage of money & fuel. The intelligent parking system helps in not only in reducing the road traffic congestion and reduces parking woes related to due unorganized and un-secured parking lots and unavailability of convenient parking spots.

SBL’S smart parking system creates an ecosystem for parking by bringing in the authorities, parking vendors, enterprises & customers under one system to increase parking efficiency with minimal human intervention. Using state-of-the-art cloud-based technology it integrates and automates the entire parking process including visitors, vehicles & payments. Suitable for all types of parking areas, it digitizes end-to-end parking processes including multi-tenant parking, multi-level parking, and entry/exit management.