Global Cities and world over is undergoing a parking revolution as the industry embraces variety of new technologies that make it easier for people to find and pay for parking, and for parking authorities to better manage it.
Move toward innovative technologies to improve parking access control and payment automation, - cited by 59 percent of respondents.
Another top trend is “real-time communication of pricing and availability to mobile/smart phones.- cited by 52 percent of respondents.
Another leading trend is the “demand for electronic (cashless) payment” - .- cited by 54 percent of respondents.
Technology / Automation does not replace man power. It enhances the scope of their work
IT involves bringing coordination between multiple things working simultaneously at different speeds
A service budget is mandatory, IT business is not a commodity business
Sectors such as banking, retail, supply-chain, commerce etc have already adopted IT solutions to tackle their needs