The Smart Parking System is an effective solution for the parking resource management in major cities, for both closed car parks and roadside car parks. This System, based on DSRC, GNSS positioning and other technologies, can provide an effective approach for the car park management entities real time information for the car park occupancy and utilization, and payment collection in either prepaid or postpaid. The Smart Parking System can also provide the available parking slots and charging information to the vehicles users before they get into the parking areas, for the benefits of the users and achieve the optimized utilization of the limited parking resources.
Watchdata was awarded the Smart Parking Project for roadside parking in February 2014 by the Urban Redevelopment Authority of Singapore. Watchdata conducted the smart parking project from February 2014 to November 2014, at various roadside car parks, including OBU for car park identification and payment, and beacon system for positioning augmentation. Through Singapore Smart Parking Project, Watchdata accumulated first hand experience for the roadside parking, and the technologies developed can be applied in many major cities.