L&T Tech and Intel develop smart parking solution

Bangalore-headquartered L&T Technology Services, a leading global engineering services company, 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. With edge AI capabilities, the solution aims to redefine the outdoor smart parking experience in public areas across the globe.

The company says it is designed for a cloud-enabled world and 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 architecture helps end-users easily locate available parking spaces in outdoor parking lots.

It does not require any sensors and can cover thousands of parking spots. Some of the key features include offering users a personalised experience through the app, 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. The smart parking solution can be installed in parking areas in airports, stadiums, shopping malls and office campuses.

Amit Chadha, CEO and MD, 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 litres 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.”

LTTS’ says its smart campus framework i-BEMS is a state-of-the-art building management platform that helps to redefine the future of work by enabling continuous and interconnected intelligent systems based on cutting-edge digital technologies such as IoT, Machine Learning and Predictive Asset Management.

Jonathan Wood, senior director – Next Generation and Standards, Intel Corporation said, “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.”

Image credit: Lea Donoso