L&T Technology Services develops AI-based solution for smart parking

L&T Technology Services Limited-engineering services company-announced on Monday that it 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. Designed for a cloud-enabled world, the solution 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. The solution, which does not require sensors, can cover thousands of parking spots. Some of the key features include offering users a personalized 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 & Managing Director, L&T Technology Services, said, “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.”