Agendum demonstrates parking business case calculator

An increasing number of municipalities are exploring the opportunity to introduce digital parking enforcement and looking for an experience-based forecast of the impact on results. To provide clear answers, the Agendum Business Case calculator, being launched and demonstrated here at Intertraffic, simulates the impact and shows detailed quantified effects of implementing or optimising digital parking enforcement operations.
April 4, 2016 Read time: 2 mins
Jurgen and Vivianne Vernimmen of Agendum

An increasing number of municipalities are exploring the opportunity to introduce digital parking enforcement and looking for an experience-based forecast of the impact on results. To provide clear answers, the 7628 Agendum Business Case calculator, being launched and demonstrated here at Intertraffic, simulates the impact and shows detailed quantified effects of implementing or optimising digital parking enforcement operations.

During 10 years of solution design development and in close collaboration with its customers, Agendum says it has gathered an enormous amount of experience and expertise on digital parking enforcement.

This has resulted in the ABC Calculator, a tool to calculate different operational scenarios and to answer questions such as should we use scan vehicles to optimise parking enforcement; will digital parking enforcement increase the compliance rates; how many parking attendants will we need when we implement digital enforcement; and what is the Return On Investment if we choose to optimise our enforcement operation by introducing digital parking enforcement?

The ABC calculator is driven by scenarios where the objectives and constraints are taken into account. All relevant data and parameters that describe the current situation, such as number of paid parking spaces, current compliance rates, size of parking attendant team, number of parking tickets per hour, are used to analyse and value the scenarios.

Typical results show revenue growth while number of parking tickets decreases. Whatever the outcome of each specific case analysis, Agendum says the ABC calculator will tell you exactly whether it pays to digitise parking enforcement.

For more information on companies in this article

Related Content

  • E-tolling is the new normal
    April 29, 2020
    Electronic tolling has become a cornerstone for the next wave of innovation, says IBTTA’s Bill Cramer. So is this the end of the road for toll plazas?
    Read More
  • EVR and how best to do it
    June 10, 2015
    Kapsch TrafficCom’s Christoph Amlacher explains that the key to successful Electronic Vehicle Registration is to consider a deployment in its entirety — including enforcement. Electronic Vehicle Registration (EVR) shares much in common with large-scale city congestion charging, in that its benefits are numerous and obvious, and it has been a topic of lively discussion for a decade and more. Despite such manifest advantages and widespread interest, this has failed to translate into numerous large-scale deplo
    Read More
  • Connected management mega-trend drives the global wireless M2M market
    August 21, 2014
    According to a new research report from the analyst firm Berg Insight, the number of global mobile network connections used for wireless machine-to-machine (M2M) communication will increase by 21 per cent in 2014 to reach 213.9 million at the year-end. East Asia, Western Europe and North America are the main regional markets, accounting for around 75 per cent of the installed base. In the next five years, the global number of wireless M2M connections is forecasted to grow at a compound annual growth rate
    Read More
  • Growth of global collision avoidance system market to 2020
    December 9, 2015
    The latest report from Reports and Reports indicates that the global market for collision avoidance systems is expected to grow at a CAGR of 7.74 per cent between 2015 and 2020. This report segments the collision avoidance system market comprehensively and provides a close approximation of the size of the overall market and its sub-segments across verticals and regions. The worldwide collision avoidance systems market is expected to be driven by the growing focus of consumers and OEMs on safety features
    Read More

Highlighted Content