iRAM to develop Smart Parking in 3 Smart Cities

Product development and technology company iRAM Technologies has bagged the order to develop Smart Parking Solutions at  Bhubaneswar, Kanpur, and Nasik.

The company will install their Internet of Things (IoT) architecture based smart parking technology including sensors, parking gateways, Parking Management, and Guidance software, Mobile Point of sale solution and citizen application at 87 sites in Bhubaneshwar, 42 sites in Kanpur and 33 parking sites in Nasik respectively.

They will be developed over the next six months.

“We at iRAM are committed to offer IoT enabled solutions aligned to the Smart City Mission. As parking is a challenge that our cities are grappling with, we have developed for the first time in India IoT enabled Smart Parking Solutions that are conducive to Indian conditions,” says Udaya Bhaskar Rao Abburu, CEO & Managing Director, iRAM Technologies.

Utilising these systems, a citizen will be able to book a parking space even before leaving his home. Payment can also be done through credit card/ debit card/pre-paid card/wallet-based payments.

The company is aiming at  100 percent cashless payment in the next 2-3 years.  All the three Smart Cities will receive data with regard to revenue collections, citywide parking occupancy.

iRAM’s Smart Parking Solutions can be deployed on-street, off-street and covered parking spaces. The Smart Parking System efficiently optimizes the usage of the available parking space, enhancing the functioning of streets in the city and ensures appropriate parking fees, avoiding payment pilferages through digital payments aligned to government’s vision of cashless payments. Using a mobile application, it allows users a great convenience to find available parking spaces, reserve and pay online.

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