Tag Archives for: AI

Sheeva.AI and Millennium Parking Garages Partner to Pilot Premium Automated Parking Experience

April 28, 2022

 

Sheeva.AI and Millennium Parking Garages Partner to Pilot Premium Automated Parking Experience

 

 

 

TYSONS CORNER, VA, and CHICAGO, IL / ACCESSWIRE / April 28, 2022 / Sheeva.AI, a leading in-car payments and connected vehicle solutions provider, announced today that it is kicking off a pilot with Millennium Parking Garages (MPG) and Civic Infrastructure Collaborative (CIC). The pilot is part of the Millennium Gateway Innovation Lab, a cross-sector effort to develop tech-enabled solutions for smart infrastructure management, integrate parking more fully into urban transportation systems. Over the coming weeks, Sheeva’s solution will be deployed to select pilot participants in Millennium Lakeside Garage in downtown Chicago to evaluate the Sheeva solution’s ability to digitally and automatically manage parking space types (e.g. accessible, EV charging, preferred locations) and identify occupancy levels. The team will test several use cases including parking reservations, garage entry, and navigation to parking spots.

The Millennium Gateway Innovation Lab is a consortium of stakeholders focused on modernizing and streamlining parking and mobility more fully into urban transportation systems. Finding and paying for parking suited to a driver’s individual needs, especially in busy urban centers, can be a frustrating hassle.

Millennium Garages is piloting options to digitize and improve the end-to-end experience for commuters, fleets, and leisure customers. The company is exploring options for a solution that easily integrates into its own systems to make the most efficient use of data and infrastructure to benefit its customers.

Sheeva’s location-based technology will provide real-time parking space availability and automated reservations for pilot participants based on their destination. Drivers will enjoy a seamless parking experience through navigation to guide them to their preferred parking location to the specific parking spot, and automatic payment based on the amount of time spent in the garage. Sheeva’s solution can activate a parking session, activate an EV charging station, send receipt of payment, and identify exactly when a driver leaves so that their space becomes available in the space management system and can be reassigned to the next driver. All these functions occur automatically based on the vehicle’s precise location and movement.

“Infrastructure needs to do and be more things to more people than ever before. Having a digital representation of a physical asset allows asset owners and operators to turn data into useful and actionable information, which results in improved experiences for customers,” said Tom McCoy, Director of Infrastructure Solutions Civic Infrastructure Collaborative. “By combining Sheeva’s innovative technologies with real world problems, we believe we can help facilitate this digital transformation. Millennium Parking Garages is a premier facility, and we’re excited to see how their forward-thinking approach changes parking in Chicago.”

Issac Riggs, COO of Millennium Parking Garages explained, “We are constantly testing emerging technologies to improve the experience our customers have in our garages. We want to simplify the parking experience, and Sheeva.AI’s technology offers promise to do that.”

“Sheeva was started as a parking-focused technology platform, and now that we have had years to hone our parking solution to effectively address all of the variables involved, we are thrilled to be able to partner with Millennium Garages to offer it to users,” said Evgeny Klochikhin, Sheeva.AI CEO. “The technology is turnkey ready to scale today. We look forward to the pilot further showcasing how Sheeva offers a simple, effective solution that everyone can use to simplify all of their vehicle-based services and payments.”

About Sheeva.AI

Sheeva.AI provides a flexible, low-cost platform that uses precise (< 2-meter accuracy) geolocation of connected vehicles – even in deep urban canyons – to enable contactless, automatic payments in the cloud.

Sheeva.AI’s platform integrates via open APIs to enable payments and automation for services like fuel, charging, toll payment, parking, curbside pick-up, and more. Unlike most Vehicle Location-Based Services (VLBS) systems, Sheeva.AI provides a low-cost and highly flexible way to enable vehicle-based payments and services extensible to existing mobile apps, in-vehicle apps, and location-based services without the need for new architecture or expensive hardware deployments. (www.Sheeva.AI)

About Millennium Garages

Millennium Garages LLC is a joint venture by infrastructure fund partners that control a long-term, exclusive concession rights and responsibilities for the 3.8 million square foot Millennium Garages system in downtown Chicago.

Learn more at www.MillenniumGarages.com.

About Civic Infrastructure Collaborative

Civic Infrastructure Collaborative drives public value from core urban infrastructure through cross-sector collaboration and technology-enabled innovation. As a nonprofit 501(c)3 organization, the Collaborative uses a proven methodology to identify, develop, deploy, and scale inclusive infrastructure solutions. We help infrastructure asset owners, operators, public officials, technology providers, and other stakeholders to deliver economic, social, and environmental returns for the communities they serve.

Learn more at www.InfrastructureForward.org.

About the Millennium Gateway Innovation Lab

The Millennium Gateway Innovation Lab envisions urban parking real estate as a gateway to other transportation modes and commerce. Launched in partnership with Millennium Garages, SP+, Arrive, the National Parking Association, the International Parking & Mobility Institute, and the City of Chicago, the lab pursues scalable solutions to expand access to public transit and other mobility options, enable smart infrastructure management, and demonstrate other value-added space uses.

Contact: Randy Brown
Phone: 215-500-2938
Email: rbrown@sheeva.ai

 

Mobile Commerce Pioneer Metropolis Acquires Best-in-Class Parking Operator Premier

March 31, 2022

Mobile Commerce Pioneer Metropolis Acquires Best-in-Class Parking Operator Premier

ParkingIntegrated Company Operates 600+ Parking Facilities

 

 

 

LOS ANGELES, Ca  – Metropolis Technologies, the developer of advanced technology for mobile commerce, today announced the acquisition of Premier Parking. The combined company will operate as Metropolis and employ nearly 2,000 staff. The merger will expand the network of Metropolis-powered facilities to more than 600 garages and lots in nearly sixty cities with more than 130,000 parking spaces.

“Wherever you’re going, and however you get there, we believe the journey should be remarkable,” said Alex Israel, co-founder and Chief Executive Officer of Metropolis Technologies. “Where some see a garage, we see infrastructure waiting to be connected that can be so much more. This partnership will dramatically expand the reach of the solutions we provide for our members, local businesses, and real estate partners.”

Los Angeles-based Metropolis’ advanced technology enables a seamless, checkout-free experience, putting an end to fumbling with credit cards and lost tickets – starting with parking. Metropolis’ technology also powers speedy, hassle-free validation for thousands of local businesses. Nashville-based Premier was an early adopter of Metropolis’ technology, which since 2021 has been deployed across most of the Premier portfolio. More than one million members are enrolled with Metropolis.

“By joining forces with Metropolis, we solidify our position at the forefront of innovation in the parking industry and together can conquer new areas of commerce,” said Ryan Hunt, previously Chief Executive Officer of Premier Parking and now Chief Operating Officer of Metropolis Technologies. “Premier

was first out of the gate to use Metropolis’ technology to turn the parking facilities of yesterday into connected mobility infrastructure. We are excited to build on that success and match our expertise to Metropolis’ best-in-class technology.”

The integrated company will operate headquarters in both Los Angeles and Nashville. The acquisition is effective immediately and deployment of Metropolis technology and branding across the network is ongoing.

Press contact for Metropolis – press@metropolis.io

 

www.metropolis.io

Derq and Parametrix Announce Strategic Partnership to Deliver Smart Technology Solutions to More Livable Communities 

January 27, 2022

 

 

Derq and Parametrix Announce Strategic Partnership to Deliver Smart Technology Solutions to More Livable Communities

 

 

 

Detroit, MI (January 27, 2022) – Derq, a Detroit- and Dubai-based artificial intelligence (AI) technology company, and Parametrix, an established planning, engineering, technology, and management consultancy company, have signed a Memorandum of Understanding (MoU) to deliver smart technology solutions for more livable communities based on Derq’s platform and Parametrix’s innovative solutions.

 

As a strategic partner, Parametrix will focus on smart and livable community solutions that leverages Derq’s technology platform. For opportunities spearheaded by Parametrix, Derq will provide support and training for its technology platform to Parametrix’s staff and clients and ensure seamless data integration with Parametrix developed solutions.

 

A key objective at Parametrix is to help communities enhance mobility, safety, and sustainability. Through our strategic partnership with Derq, we provide our clients with unique AI technologies for advanced predictive analytics, connected and autonomous vehicle (CAV), road safety, and transit applications. This partnership represents another step toward our vision for the future of transportation and the future of the profession,” said Hicham Chatila, the National Director of Smart and Livable Communities at Parametrix.

 

Derq has built an award-winning platform powered by patented AI technologies and predictive analytics, helping to eliminate crashes, save lives, and create safer and smarter roadways. Derq will provide Parametrix’s existing and new clients with its technology platform that is disrupting traditional traffic and safety analyses by generating, in real-time, cost-effectively, a full suite of traffic and safety insights that proactively address the road safety and efficiency priorities of their customers. Derq’s platform also powers connected and autonomous vehicle solutions which will benefit Parametrix’s clients who are looking to plan, design, and implement safer and smarter connected and autonomous corridors.

 

“Derq is powering the global transition to safer, more efficient and sustainable transportation. Our strategic partnership with Parametrix, who has a bold vision to plan and deploy smart city initiatives, will help us accelerate this transition.” Dr. Georges Aoude, CEO and Co-Founder of Derq, said. “Combing our award-winning real-time AI and CAV platform with Parametrix’s experience in delivering large scale infrastructure projects is a unique opportunity to achieve our societal impact at scale.”

 

About Parametrix

Consistently ranked as a best place to work, Parametrix is a 100-percent employee-owned company providing inspired solutions in engineering, planning, technology, and environmental sciences. Parametrix has been serving public and private sector clients across the United States since 1969.  The firm’s planners, engineers, and scientists are helping communities deliver inspired solutions addressing climate change, equity, social justice, mobility, and safety challenges.
About Derq

Derq is an award-winning MIT-spinoff powering the future of roads for safer and more efficient movement of road users and autonomous vehicles. Through its proprietary and patented technology, Derq provides cities and fleets with an artificial intelligence (AI) platform that powers advanced analytics and connected and autonomous vehicle (CAV) applications to help them improve road safety and better manage traffic. Derq is a Techstars Mobility alumnus, has been recognized as an industry leader by the WEF and has received a number of awards including AI Company of the Year at SXSW 2019, and Top Road Safety Innovator for Vision Zero in 2020 by Together for Safer Roads. For more information, please visit www.derq.com or contact info@derq.com.  

Derq Participates in Four Conferences to Speak on the Future of Mobility and Smart Infrastructure Technology 

November 02, 2021

 

 

 

Derq Participates in Four Conferences to Speak on the Future of 
Mobility and Smart Infrastructure Technology 

 

 

Derq to Speak on Successful Deployments and Advancements of Proprietary Technology at the Oliver Wyman Forum’s Global Mobility Executive Forum Series, Smart Mobility Conference, and CoMotion Los Angeles in November 

 

DUBAI, UAE (November 2, 2021) – Derq, a Detroit- and Dubai-based start-up, announced today they will be speaking at the Oliver Wyman Global Mobility Executive Forum Series – Mobility Infrastructure for GrowthSmart Mobility Conference in Dubai, IRF World Meeting and Exhibition, and CoMotion LA – all in the month of November 2021. Executives at Derq have been sought out by convention organizers as they have multiple, successful deployment case studies to speak on, and are a leader in artificial intelligence (AI) proprietary technology that powers safer and smarter roadways for all. 

 

Oliver Wyman Global Mobility Executive Forum Series – Tuesday, November 2 

CEO and Co-founder, Dr. Georges Aoude, will be among four other panelists to discuss how to develop infrastructure for growth. The panel will be moderated by Oliver Wyman Partner André Martins with the third edition of Urban Mobility Readiness Index presented by Alexandre Bayen, Director of UC Berkeley Institute of Transportation Studies. The panel discussion will take place at 11:30am GST on November 2 at the Dubai World Expo. For more details, visit: https://www.oliverwymanforum.com/mobility/2021/nov/mobility-infrastructure-for-growth.html  

 

Smart Mobility Conference in Dubai – Wednesday, November 3 

Dr. Aoude, will take part in a panel on day two of the convention on the topic of what the region’s roads will look like in the year 2050. Dr. Aoude will answer questions from the moderators about what the future of smart infrastructure will look like and how long it will take to integrate the technology needed to make roadways safer and autonomous ready. The panel discussion will take place at 12:00pm GST on November 3 at the Dubai World Expo. For more details, visit https://hypermotion-dubai.ae.messefrankfurt.com/dubai/en/events/smart-mobility-conference.html  

 

18th IRF World Meeting & Exhibition – November 7-10 

The IRF World Meeting & Exhibition will be taking place in Dubai this year with particular attention paid to emerging challenges when it comes to readying road infrastructure to autonomous vehicles and advanced travel demand management. Members of the Derq executive team will be presenting and also have a booth on-site during the event. Dr. Aoude will take part in a panel discussion about leveraging the power of AI to assist road agencies to produce effective heat maps of road risk. Dr. Aoude’s panel discussion will take place on Monday, November 8 at 9am GST at the Dubai World Trade Center. COO and Co-Founder, Karl Jeanbart, will give a presentation on Derq’s leading approach for “Using artificial intelligence for safer, smarter, and autonomous-ready roads”. Karl’s session will take place on Monday, November 8 at 3pm GST. For more details, visit: https://worldmeeting.irf.global/  

 

CoMotion LA – Thursday, November 18 

Taking place in Los Angeles, Dr. Aoude will be among three other panelists for a discussion on why roadways are deadlier than ever. The panel titled, “The Intersection of Smart & Safe” will discuss how new technologies such as real-time traffic monitoring and signaling, advanced data analytics and personal electric vehicles can increase safety. The panel discussion will take place at 10:30am PST on November 18 at the Japanese American National Museum in downtown Los Angeles. For more information, visit: https://comotionla.com/  

 

“At Derq, we’re dedicated to advancing the safety and mobility of roadways for all road users,” says Dr. Georges Aoude, CEO and Co-founder of Derq. “We’re excited to share our experience with successful smart infrastructure and autonomous vehicle deployments with like-minded individuals and companies also striving to build the needed road infrastructure of the future.” 

For more information about Derq, visit www.derq.com.  

 

About Derq:   

Derq is an award-winning MIT-spinoff powering the future of roads for safer and more efficient movement of road users and autonomous vehicles. Through its proprietary and patented technology, Derq provides cities and fleets with an artificial intelligence (AI) platform that powers advanced analytics and connected & autonomous vehicle (CAV) applications to help them improve road safety and better manage traffic. Derq is a Techstars Mobility alumnus, has been recognized as an industry leader by the WEF and has received a number of awards including AI company of the year at SXSW 2019, and Top Road Safety Innovator for Vision Zero in 2020 by Together for Safer Roads. For more information, please visit www.derq.com or contact info@derq.com for general inquiries and sales@derq.com for sales inquiries. 

L&T Technology Services Develops an AI Based Solution on Intel Xeon Scalable Processors and Intel Movidius VPUs

May 17, 2021

L&T Technology Services Develops an AI Based Solution on Intel Xeon Scalable Processors and Intel Movidius VPUs

 

 

 

 The parking guidance system solution is developed in collaboration with Intel

 

 

BENGALURU, India––#AI–L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global engineering services company, announced today that it 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, “Technology and engineering services have the potential to not only enable business benefits but also empower organizations to proactively enhance environmental, social and governance related pursuits. 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 industry. 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.”

LTTS’ acclaimed smart campus framework i-BEMS is a state-of-the-art building management platform that helps to redefine the future of work by enabling continuous and interconnected intelligent systems based on cutting-edge digital technologies such as IoT, Machine Learning and Predictive Asset Management.

Jonathan Wood, Senior Director, Next Generation and Standards, Intel Corporation commented, “This latest edge AI based parking innovation is a natural extension of LTTS’s product portfolio leveraging Intel technologies. 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.”

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,400 employees spread across 17 global design centers, 28 global sales offices and 69 innovation labs as of March 31, 2021.

For more information please visit https://www.ltts.com/

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Contacts

Aniruddha Basu

L&T Technology Services Limited

E: Aniruddha.Basu@LTTS.com
T: +91-80-67675707

The City of Las Vegas teams up with leading AI solutions provider, SenSen Networks

June 23, 2020

The City of Las Vegas Set to Deploy Innovative Smart City Parking Technology
$1.5m (USD) deal will see revolutionary app-based AI tech used for traffic & parking enforcement
The City of Las Vegas has teamed up with leading AI solutions provider, SenSen Networks to introduce a range of Smart City technologies designed to keep the city’s roads safe and congestion-free.
As part of the $1.5m (USD) investment, The City of Las Vegas will introduce more than 80 Gemineye units to automatically regulate traffic, streamline parking and make commuting more enjoyable.
What is Gemineye?
Gemineye takes existing smart city technologies such as parking enforcement, sign detection, parking bay occupancy, and illegal dumping monitoring, and packs it into an AI-powered smartphone app. Turning labour intensive and expensive tasks into affordable smart city solutions.
Learn more about Gemineye and receive an information pack, below.

 

Key Benefits of Gemineye?
For forward-thinking cities looking to embrace smart city solutions, Gemineye brings an array of benefits including:
  • Cost savings: As a software platform, Gemineye enables an affordable SaaS pricing model
  • Portability: The app is pre-installed on a smartphone meaning it can be deployed on foot, bike, scooter, car or mounted in an enclosure
  • Flexibility: Gemineye can be configured to meet a range of smart city requirements from parking enforcement to illegal dumping, people counting and even social distancing enforcement

Learn more: www.sensennetworks.com/gemineye/?utm_campaign=button_link&utm_medium=&utm_source=parking_today

Rekor Announces Venture To Launch Smart Permit and Parking Management Startup

June 01, 2020

 

 

Rekor Announces Venture To Launch Smart Permit and Parking Management Startup

 

 

ROKER combines blockchain and license plate recognition technologies to modernize permitting and citation processes

 

 

COLUMBIA, Md. and PRINCETON, N.J.– Rekor Systems, Inc. (NASDAQ:REKR)(“Rekor”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, and Cygnet Infotech, a premier product engineering and application development services firm along with affiliates of Cygnet, today announced the launch of a standalone company, to be named ROKER (pronounced “rock-er”), to automate parking enforcement and enable higher revenue recovery for both public safety institutions and private businesses alike. Rekor and Cygnet are each contributing their respective technology stacks in exchange for equity in ROKER, with Rekor receiving 50% of the venture.

The companies joined forces to develop and launch ROKER (pronounced “rock-er”), a new approach that provides an end-to-end solution for simplified parking permitting, electronic citation management and parking enforcement for consumers, businesses and government. The solution is enabled by Rekor Systems’ vehicle recognition solutions and Cygnet’s blockchain and engineering solutions. Sachin Bedi, CEO of Cygnet Infotech, will transition to ROKER and serve as its CEO.

ROKER will immediately begin raising a Series A round of funding, with the advisement of Cooley LLP, who also helped them finalize formation in mid-May. Cooley advises 6,000+ innovative, high-growth companies from pre-formation founder teams to many of the most sophisticated tech companies in the world.

“In recent years, the smart parking market hovered around a $5 billion valuation — by 2025, that’s anticipated to more than double,” said Sachin Bedi. “We are excited to bring Rekor and Cygnet Infotech technology to this space, launch a new company to meet the needs in these markets, and accelerate our growth. We are already on the fast track to a successful final product.”

ROKER will be a hardware-agnostic solution, leveraging proprietary intellectual property from both contributing companies. ROKER creates an ecosystem for smart parking that will converge with smart city initiatives across the globe. The solution will modernize existing processes, allowing for increased compliance and efficiencies while decreasing overhead costs associated with parking enforcement and citation management.

ROKER will automatically generate and enforce smart permits, integrating with back end citation management systems and leveraging images from most existing IP camera security systems to identify registered license plates.

“ROKER will change how we manage parking enforcement across the board, making it easier for institutions to close revenue gaps and maximize staff resources. With this solution individuals, government institutions and private businesses will be able to digitize any number of parking spots and enforce that parking through smart permitting, citations and towing. Rekor’s nexus to Cygnet developed through both companies working together on IP360, Rekor’s citation management platform which launched successfully in 2019 operating in the United States and internationally. Cygnet is the ideal partner in continuing the development of ROKER, said Robert A. Berman, President and CEO of Rekor.

Powered by blockchain technology, the system can enable digital contracts for parking permits, accept payments and provide transaction traceability. ROKER maintains CJIS compliance, an FBI standard for data security and encryption for criminal justice and law enforcement professionals at all levels of government.

To learn more about ROKER, please visit www.rokerinc.com

About Rekor Systems, Inc.

Rekor (Nasdaq: REKR) is a Maryland-based company providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data to enable informed decisions faster, and with greater outcomes. Rekor is transforming industries like Public Safety, Customer Experience, and Smart Cities in more than 70 countries across the globe with smarter, quicker, cost-competitive vehicle recognition solutions for security, revenue discovery and recovery, public safety, electronic toll collection, brand loyalty, parking operations, logistics, and traffic management. We use the power of artificial intelligence to analyze video streams and transform them into AI-driven decisions by our clients. Our machine learning software can turn most IP cameras into highly accurate and affordable vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics, without the need to install expensive new infrastructure. We make what was once considered impossible, possible. To learn more please visit our website: https://rekor.ai.

About Cygnet Infotech

Cygnet Infotech is a leading tech powerhouse that focuses on delivering high value IT Services, Products

and Emerging Technology Solutions including state of art products based on Blockchain, Artificial Intelligence, IoT and Cloud. Cygnet Infotech is a trusted Global Technology Company with over 20

years of experience in providing innovative Technology Solutions and Services to its clients across 35 countries globally. To learn more please visit our website: www.cygnet-infotech.com