We’re excited to announce that WaikatoLink and Parkable have partnered to develop next generation parking management tech using machine learning and computer vision on the edge. WaikatoLink is developing a computer vision model for processing video images, which will be integrated into Parkable’s existing car park management software to record occupancy.
What does that mean in practice? With vision software, you could implement a camera that senses the presence of vehicles, tracking how many parking spots are available in real time.
This is a technological solution aimed at small and medium municipal and private car park owners, with the potential to dramatically change the price point for car park management. Instead of existing in-ground technology (e.g. parking sensors), the new system will process video data in real-time, monitor multiple parking bays at once, and run on several inexpensive computers, removing the need for high bandwidth, expensive servers and cloud processing.
This technology is being developed by researchers from University of Waikato’s machine learning group, using world-leading methods and technologies that enable machine-vision and machine-learning algorithms to operate in real-time on low-cost ‘edge’ hardware.