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

  • ITS advancement lays beyond benefit-cost analysis
    May 29, 2013
    Shelley Row, former Director of the US Department of Transportation’s ITS Joint Program Office, gives her views on the way forward for the industry. We, as intelligent transportation system (ITS) proponents and engineers, tend to be overly fixated on benefit-cost data. We want decisions to be made on logical grounds for which benefit-cost calculations are optimal. While benefit-cost data is necessary, it is not always sufficient. We can learn from our history where we see three broad groups of ITS deploymen
    Read More
  • Promoting cycling is the solution to congestion and pollution
    August 20, 2015
    Cycling offers health, air quality and road space/parking benefits, promoting governments and the EU to look at tax and technology initiatives. David Crawford reports. One way to improve urban air quality is to make green alternatives to car use financially attractive. Incentivising employees to switch their travel-to-work mode to using their own bikes could increase cycling’s modal share of commuting travel by 50%, a recent French research project suggests. The country’s government already subsidises pu
    Read More
  • Best laid plans
    March 22, 2012
    Colossal is not too bold a word to describe the scale of ITS developments currently under way in Europe. The European Commission’s ITS Action Plan has six areas of focus, each of which expands out into numerous projects involving a lot of leg work by various committees, working groups or consultants. Add to that the supporting work and research efforts of the many parts of Ertico (ITS Europe); plus each of the 27 European Union member states is working on ‘transition’ of the EU’s ITS Directive into their ow
    Read More
  • Crises demand digital ITS response
    February 1, 2021
    Digital transformation of transport hubs will be crucial in tackling present and future challenges, and Huawei’s current Shenzhen project highlights what can be achieved
    Read More

Highlighted Content