LTTS creates AI-based solution for smart parking
L&T Technology Services Limited, a global engineering services company, announced today that it has worked with Intel Corporation to develop an outdoor smart parking solution. The solution is powered by the Intel distribution of the OpenVINO Toolkit to run AI inferencing models on Intel Xeon scalable processors and Intel Movidius VPUs.
The solution has edge AI capabilities and aims to change the outdoor smart parking experience in public areas. It has four key components: an operator portal that hosts user information; a mobile application for end-user interface; a digital signage module to ensure safe and secured access; and a digital camera - all connected by the AWS cloud platform. This technology should help end users easily locate available parking spaces in outdoor parking lots.
The app offers a personalised experience, enabling reservation of parking spots and real-time occupancy tracking, and providing parking insights via an AI-enabled surveillance for operators through augmented video analytics.
Amit Chadha, CEO & Managing Director, L&T Technology Services, said: “Technology and engineering services have the potential to not only enable business benefits but also empower organisations to proactively enhance environmental, social and governance related pursuits. With the density of urban environments resulting in wastage of fuel that runs into the thousands of liters every day, such an intelligent solution can help overcome a myriad of issues faced by industry. Using technologies from a global technology leader like Intel, we look forward to further opportunities to introduce disruptive innovations for the larger benefit of humankind.”
The smart parking solution can be installed in parking areas in airports, stadiums, shopping malls, and office campuses.
Jonathan Wood, Senior Director, Next Generation and Standards, Intel Corporation commented: “This latest edge AI-based parking innovation is a natural extension of LTTS’s product portfolio leveraging Intel technologies. Their use of Intel solutions, in the area of smart venues and buildings, further serves as a commitment to consistently introduce disruptive technologies to help Enterprise realise efficiencies from digital transformation.”