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Increasing urban vehicle density leads to parking scarcity, security concerns, and inefficient traditional parking systems that lack real-time data and automated processes. Existing solutions suffer from inaccurate numberplate recognition and poor user experience.
Digital parking management platform provider leveraging AI and cloud technologies
Implementation of this smart parking solution is projected to reduce vehicle entry/exit processing time by 70%, increase parking facility utilization through real-time capacity management, and reduce operational costs by 40% through automation. The enhanced ANPR system should achieve 99%+ accuracy in license plate recognition across diverse lighting and weather conditions.