ParkIn

The offering:
It is common knowledge that in big cities of Europe such as Athens,Rome,Paris etc., finding space to park is almost impossible during rush hours.People lose productive hours trying to find parking every day which has a negative effect to many companies.Also we cannot ignore the fact that the frustration and stress every persons develops during the procedure of trying to find parking ,most of the times follows him into work and can affect his productivity significantly.

After taking into consideration these facts we came up with the idea of ParkIn in order to try and solve the parking problem in European countries and promote affordable parking while keeping the vehicle safe.The main goal of ParkIn is to collaborate with governments and use parking spaces that have already been utilized for public parking with a fee.We aim to introduce a new method of parking using IoT technologies such as AI cameras and sensors.Furthermore we plan to utilize our cameras as a safety valve where we will send part of the footage to the local authorities in cases of crimes in order to crack the case.

The need:
The need our idea meets is the difficulty of finding a place to park and minimize as much as possible the phenomenon of illegal parking that costs both residents and employees a considerable amount of money.The thing is that if people knew where to find a place, the incidents of illegal parking would reduce significantly.Moreover we cannot bypass the fact that finding a place to park easily would reduce the carbon dioxide emissions in the air and would change for the better the psychology of the driver.

Researches that empower our idea:
Searching for Street Parking: Effects on Driver Vehicle Control, Workload, Physiology, and Glances
by Birsen Donmez and Canmanie Teresa Ponnambalam

An IoT-based E-Parking System for Smart Cities
by Pampa Sadhukhan

The market:
47 million regulated spaces, both on-street and off-street
14.712.574 on-street
8.665.046 regulated for general public use
3.646.849 residents only
591.400 for loading and unloading
955.334 motorbike spaces
853.946 other reserved spaces(handicapped, police, etc)

For example in Athens,Greece there are:
5.177 permanent resident positions
3.463 passing driver spaces
1.604 parking spaces for 2-wheelers
1.000 special parking spaces

On average parking cost per hour is 3 euros (32 European cities examined)

With ParkIn people can easily find parking spaces wherever and whenever at a reasonable price

Revenue mechanism:
Payment plans
1. Standard: Every customer will pay the standard fee which will be equivalent to about ? for ? of parking.Fees may differ depending the parking space location.
2.We will apply a fidelity program for customers who will use the app frequently.

The team:
Dimitrios Arvanitis - Undergratuate Msc in Computer engineering at The University of the Aegean
Emmanouil Moschos - Undergratuate Msc in Computer engineering at The University of the Aegean

The features of the app:

The app itself would be able to easily search and find the nearest and most accessible parking space.
Reduce traffic congestion since searching for a parking place in a city can last up to 20 minutes.
User-friendly software that focuses on the needs of a driver.This will limit to the maximum the interaction between the driver and their smartphone.
It’s the only app that offers visual presentation of the free spaces in the center of the big cites.
Can insure that your car is safe.
Live GPS directions to the available spot