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

  • Clearview launches ROI calculators for road safety schemes
    December 5, 2017
    Clearview Intelligence (CI) has launched two free to use Return on Investment (ROI) calculators to assist highway professionals in showing the benefit of improving road safety on their network. The tools are said to demonstrate how road safety schemes pay for themselves during their lifetime as well as quantify the number of lives saved and injuries prevented. Designed for SolarLite Active Road Stud installations and the other for combination road safety solutions, the tools use the costs of accidents from
    Read More
  • Predicting the future for video camera systems
    March 12, 2012
    Jo Versavel, Managing Director of Traficon, talks about near-term trends in video camera systems. Jo Versavel starts by making one thing clear: long-term forecasts as to what the future holds for video-based traffic monitoring are to all intents and purposes meaningless. The state of the art is developing so fast that in reality it's impossible to say where we'll be in 10 years' time, says the Managing Director of Traficon. In his opinion making firm predictions even five years out is too ambitious, whereas
    Read More
  • Cellular communications drive the way forward for tolling
    January 18, 2012
    For more than 20 years prior to joining the ITS industry, Mike Payne of Idris, part of Federal Signal Technologies, worked for Vodafone - the world's biggest mobile operator. Here, he considers how the road tolling sector can grow and learn from the cellular industry. The global cellphone has been one of the most successful collaborative technology projects in the last 30 years. Mobile phone technology developed throughout the 20th century with the first public service in the early 70s. This was followed by
    Read More
  • Safer roads need safe systems approach, better infrastructure
    January 19, 2012
    Some developed countries are far from leading the way when it comes to making road infrastructure safe. In fact, says the Road Safety Foundation's Joanne Hill, they learn a lot from what is happening in emergent nations. A new report from the Road Safety Foundation, 'Saving Lives, Saving Money - the costs and benefits of achieving safe roads', makes some startling assertions about attitudes to road safety. Although concerned predominantly with the UK, there are some universal lessons to be learned, accordin
    Read More

Highlighted Content