Artificial Intelligence: India’s L&T Technology Develops AI-Enabled Parking Solution
L&T Technology collaborated with Intel Corporation on the system.
Indian engineering and software company L&T Technology Services Limited (NSE: LTTS) and Intel Corporation (NASDAQ: INTC) have collaborated on the development of an AI-enabled outdoor parking solution suitable for airports, stadiums, shopping malls, and office campuses. (DATAQUEST)
AI on the edge
The outdoor parking solution developed by L&T and Intel 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. It can cover thousands of parking spots in an outdoor parking arena.
Edge AI means that AI algorithms are processed locally on a hardware device instead of having to connect up to a cloud. The algorithms are using data (sensor data or signals) that are created on the device itself. If needed, the device connects up just periodically to the cloud to update data.
The system, which does not need any sensors, is made up of four components –
- a mobile application for the users (people looking for parking)
- an operator portal that hosts user information
- a digital signage module to ensure safe and secured access
- digital cameras
All of the above are linked together in the AWS cloud platform.
The system offers users a personalized experience through the app, enabling reservation of parking spots and real-time occupancy tracking.
It also provides parking insights via AI-enabled surveillance for operators through augmented video analytics.
“This latest edge AI-based parking innovation is a natural extension of LTTS’s product portfolio leveraging Intel technologies,” said Jonathan Wood, Senior Director, Next Generation and Standards, Intel Corporation. “Their use of Intel solutions, in the area of smart venues and buildings, further serves as a commitment to consistently introduce disruptive technologies to help enterprise realize efficiencies from digital transformation.”
“With the density of urban environments resulting in wastage of fuel that runs into the thousands of liters every day, such an intelligent solution can help overcome a myriad of issues faced by the industry,” said Amit Chadha, CEO & Managing Director, L&T Technology Services.
“Using technologies from a global technology leader like Intel, we look forward to furthering opportunities to introduce disruptive innovations for the larger benefit of humankind.”
Related Story: Porsche’s App Makes Contactless Parking A Cinch In Melbourne
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