airXsys provides a smart parking monitoring and management system that utilizes machine learning and computer vision to identify available parking spaces in real-time. This solution reduces installation costs and improves parking lot utilization, addressing congestion and inefficiencies in traditional parking management systems.
Funding
Funding not disclosed
PAFounders
Product
Problem
Traditional parking management systems often suffer from high installation costs and inefficient utilization of parking spaces, leading to congestion and driver frustration. Existing "smart" solutions can still be expensive and complex to deploy.
Solution
airXsys offers a smart parking monitoring and management system that leverages machine learning and computer vision to identify available parking spaces in real-time. The system uses low-cost, off-the-shelf security cameras and deep learning algorithms to process images of parking areas and accurately detect and track cars, even in varying conditions such as lighting, shadow, and occlusion. This approach significantly reduces installation costs compared to traditional sensor-based systems. The platform provides real-time data and metrics to parking owners, enabling informed decision-making, dynamic pricing, and maximized parking utilization. A mobile application allows drivers to quickly and easily find available parking spots.
Target Audience
The primary target audience includes parking lot owners and operators seeking to improve parking utilization, reduce congestion, and lower installation costs, as well as municipalities looking to improve city parking management.
Features
- Real-time parking space detection using machine learning and computer vision
- Utilizes existing, low-cost security cameras, reducing hardware expenses
- Outdoor solution covers up to 200 spaces per camera
- Parking management dashboard for real-time monitoring and data analysis
- Mobile application (free and premium versions) for drivers to locate available spots
- Algorithms robust to varying lighting, shadows, and vehicle types
- Enables dynamic pricing based on real-time parking availability