Smart Parking acquires LPS (Local Parking Security Ltd)
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
Following on from the successful launch of the City of Adelaide smart city parking initiative, the City of Marion has just signed a contract with Smart Parking to install our system in over 400 individual parking bays.
The aim of this project is to reduce commuter parking in local streets, as well as reduce commuter emissions. To achieve this, vehicle detection sensors will provide data on individual parking bays, which is then displayed in real-time on strategically placed LED directional signs, as well as our customised wayfinding app.
Marion officials were also keen to have the opportunity to analyse the number of community users from sensor data in the precinct, to better understand the behaviour and number of car park users throughout the day.
Our SmartCloud management platform will help achieve this, and will establish automated real-time metrics that are meaningful, inform decision-making and demonstrate the delivery of improvements and responsiveness to the changing needs of residents and visitors to the area.
As well, the Smart Park system delivers the ability to monitor and manage performance, costs and efficiencies, identify trends, improve oversight and identify opportunities for improvement, and to respond to changes in customer demand in a timely and targeted manner.
Another concern to any smart city project is understanding the environmental impact of a solution, and we were able to demonstrate that our system can effectively harness solar power to run the LED signage.
Smart Parking has already begun the process to supply over 400 sensors, as well as seven large plinth LED directional signs (four of which will be solar powered) and five static parking signs, along with the software aspect that includes the SmartCloud management platform and our customised wayfinding app.
General Manager - Australia | Smart Parking
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
Smart Parking, the leading provider of parking technology and services, is continuing its growth trajectory by expanding its operations into Denmark.
Smart Parking are delighted with our progress in FY23, delivering record results in a challenging macro environment, and are looking forward to delivering continued growth and strong results in FY24.