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New INRIX Service Helps Drivers Find Parking

June 5, 2015  - By
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BMW driver interface concept for how INRIX On-Street Parking might be integrated into navigation systems in BMW Connected Drive vehicles. Color coded bars indicate probability of open street parking ranging from green (lots of spaces) to red (not likely to have an open space).

BMW driver interface concept for how INRIX On-Street Parking might be integrated into navigation systems in BMW Connected Drive vehicles. Color coded bars indicate probability of open street parking ranging from green (lots of spaces) to red (not likely to have an open space).

Everyone who has ever been frustrated circling the block in search of parking has wished for a solution that could quickly lead them to that elusive spot. INRIX is launching a new service aimed at addressing this problem by helping drivers quickly find on-street parking. BMW will be the first automaker to include the service for its cars, in its ConnectedDrive autos.

INRIX On-Street Parking answers key questions for drivers including:

  • Where can I park?With availability updated hourly, quickly identify streets with the best chances of finding a parking spot.
  • How much will parking cost? Information on pricing, parking/permit restrictions, policy rules (free vs. paid times/days).
  • Is there a garage or lot nearby? When on-street parking is unavailable, drivers can be directed to one of more than 80,000 off-street parking locations in Europe and North America. The service provides pricing and availability information, ability to compare locations by distance and price as well as locate the nearest entrance.

BMW and INRIX demonstrated INRIX On-Street Parking in a BMW i3 at the Telematics Automotive 2015 conference, showing how location, local rules and pricing, real-time traffic, transactions and mobile data can be analyzed through the INRIX platform to show which streets have available parking.

“As we continue to connect cars to smarter cities, INRIX On-Street Parking fills a critical gap that addresses the growing challenge of traffic and parking in our cities worldwide,” said Bryan Mistele, President and CEO, INRIX.  “And looking ahead to a time when autonomous cars are a reality, this service enables vehicles that drive themselves to park themselves now as well.”

Visualization showing INRIX On-Street parking occupancy by block for key neighborhoods in downtown San Francisco. Color coded bars indicate probability of open street parking ranging from green (lots of spaces) to red (not likely to have an open space).

Visualization showing INRIX On-Street parking occupancy by block for key neighborhoods in downtown San Francisco. Color coded bars indicate probability of open street parking ranging from green (lots of spaces) to red (not likely to have an open space).

Initially available in Seattle; Vancouver, B.C.; San Francisco; Amsterdam; Cologne and Copenhagen, the service will expand to cover 23 cities by the end of the year.

Experts estimate up to 30 percent of traffic in congested urban areas where street parking is in high demand results from drivers  looking for parking. A global survey of commuters in 20 international cities found that nearly 6 out of 10 drivers have abandoned their search for a parking space at least once, and drivers often spend an average of nearly 20 minutes in pursuit of a coveted spot. Further, an analysis by Frost & Sullivan found that drivers waste an average of 55 hours per year searching for parking, costing consumers and local economies nearly $600 million in wasted time and fuel.

Smarter Parking Information

With more than half of the world’s population living in our largest cities, transportation agencies are increasingly turning to intelligent parking solutions to better manage parking inventory and improve urban mobility. INRIX On-Street Parking provides cities with a scalable, cost-effective and immediate way to manage parking inventory as well as improve traffic in urban areas, INRIX said.

On-Street Parking to cities includes:

  • Real-time Information. Goes beyond one-time snapshots of parking availability, allowing cities to see how parking inventory changes based on time of day, day of week, price and during special events or holidays.
  • Less reliance on road-side counters and costly sensorsOffers a faster, more cost-effective way for cities to manage parking. The service goes beyond current smart parking technologies because it also works on roads without smart meters or sensors and outside of hours requiring payment.
  • Better insight for urban planning. With a comprehensive understanding of parking inventory usage citywide, urban planners can gain insights that help them improve parking conditions and locations, and better locate special purpose lanes for bicycles and public transit on city streets.
  • Calibrate demand pricing models. Provides insight into how pricing fluctuations impact demand in real-time. Cities can optimize pricing to maximize use of available inventory citywide.

Automakers, mobile app providers and public sector agencies interested in learning more can register for a Webinar scheduled for June 17 at 8 a.m. EDT where INRIX will outline use cases, technical specifications and benefits in greater detail.

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