Skip to main content

EasyPark launches Find & Pay predictive parking technology

Find & Pay from EasyPark uses big data, predictive analytics and machine learning to cut (by up to 50%) the time taken to find parking in congested cities. Find & Pay combines transaction data with crowd-sourced location information from users and Internet of Things (IoT) devices to create a parking probability map for each city block at any given hour of the day. With this information it provides users with a route to their destination which passes along streets with the highest probability of parking avai
August 22, 2017 Read time: 1 min

Find & Pay from 7693 EasyPark uses big data, predictive analytics and machine learning to cut (by up to 50%) the time taken to find parking in congested cities. 

Find & Pay combines transaction data with crowd-sourced location information from users and Internet of Things (IoT) devices to create a parking probability map for each city block at any given hour of the day. With this information it provides users with a route to their destination which passes along streets with the highest probability of parking availability, balancing in-car time against walking distance to destination to find the optimal route.

It provides turn-by-turn navigation along the route, also noting available off-street parking and lets users remotely manage and pay for the parking space when they arrive.

For more information on companies in this article

Related Content

  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
  • Voi adds air quality sensor to V4 e-scooter
    February 8, 2021
    Data collected will be processed through micromobility company's IoT hardware
  • Microsoft predicts ‘pay as you-go’ solution to congestion
    April 9, 2019
    Congestion pricing is the solution to inner city traffic gridlock, according to Microsoft’s chief economist, Michael Schwarz. Speaking at the IBTTA’s Annual Technology Summit in Orlando, Florida last week, Schwarz said “traffic will be a thing of the past”, citing the difference between the traffic volumes in the free use and managed lanes as evidence. He also highlighted Singapore’s plans to have satellite tolling on all cars in 2020 and noted that almost all new cars are already fitted with SIM car
  • Aipark exhibits platform to detect parking spot availability
    March 21, 2018
    Aipark is using Intertraffic to highlight its Internet of Things device that aims to monitor parking spot availability. Called ParkingSensor, the product is generally mounted to light poles or buildings and detects parked vehicles in its field view. One sensor is said to capture the availability of 20 parking spots in real time. The information is then sent to connected apps, car infotainment systems or management tools for efficient last mile navigation. Its patent pending system uses a cloud backend to p