Maintenance Costs and Benefits of Video Parking Guidance Systems

Maintenance Costs and Benefits of Video Parking Guidance Systems

The maintenance needed for a Video Parking Guidance System (VPGS) is generally higher than that for a standard ultrasonic parking guidance system. Here are some reasons:

  1. Complexity of Components:
    VPGS involves more sophisticated technology, including cameras, image processing units, and sometimes networking equipment, which require specialized maintenance.
  2. Data Management:
    VPGS often generates large amounts of data that need to be stored, processed, and managed.
  3. Calibration and Alignment:
    Cameras in a VPGS need regular calibration and alignment to ensure accurate detection.
  4. Environmental Sensitivity:
    Cameras and related equipment tend to be more sensitive to environmental factors such as lighting, weather, and physical obstructions, leading to more frequent maintenance.

These factors collectively contribute to a higher maintenance for VPGS compared to traditional ultrasonic parking guidance systems.

But In terms of benefits, the Video Parking Guidance System (VPGS) generally offers several benefits over a traditional Parking Guidance System (PGS) that relies on ultrasonic sensors. Here are some key advantages:

1. Enhanced Accuracy and Coverage:

  • VPGS: Provides highly accurate detection of vehicles and can cover multiple parking spaces with a single camera. It can distinguish between different types of vehicles and even detect objects left in parking spaces, reducing false occupancy readings.
  • PGS: Ultrasonic sensors typically cover only one parking space per sensor, and their accuracy can be affected by factors like the size and shape of vehicles.

2. Additional Features:

  • VPGS: Offers advanced features such as license plate recognition, real-time video monitoring, and integration with other security systems. This can improve overall parking management, security, and user experience.
  • PGS: Primarily focuses on detecting vehicle presence and guiding drivers to available spaces, with fewer additional features.


3. Data and Analytics:

  • VPGS: Captures video data that can be analyzed for various purposes, including traffic flow optimization, user behavior analysis, and enhanced security. This data can help in better managing the parking facility and improving operational efficiency.
  • PGS: Generates limited data, mostly related to parking space occupancy, which provides fewer insights compared to the rich data obtained from VPGS.

4. User Experience:

  • VPGS: Can offer a more seamless and informative parking experience. For example, it can guide drivers to available spaces more precisely and provide real-time updates on parking availability through integrated displays and apps.
  • PGS: While effective, it generally offers a more basic user experience focused solely on parking guidance without the added functionalities of VPGS.

5. Improve Revenue

  • VPGS: Different parking rates can be applied for various parking zones. For example, users may prefer to park their cars near the entrance or exit. VPGS can identify cars parked in these zones, allowing building owners to set higher rates for premium spots
  • PGS: Cannot identify or locate cars parked in specific areas, and thus, cannot apply different rates based on parking location.

6. Security:

  • VPGS: Enhances security through continuous monitoring and the ability to record incidents, making it easier to address issues like theft or vandalism.
  • PGS: Does not provide video surveillance, so its contribution to security is limited.

Summary
While the Video Parking Guidance System comes with higher installation and maintenance costs, its benefits in terms of accuracy, features, data capabilities, and overall user experience often justify the investment, especially in large or high-traffic parking facilities.


About TimeTec:

TimeTec Group was established in 2000. Over the past 20 years, the Group has developed three homegrown, globally recognized IT brands: FingerTecTimeTec, and iNeighbour. These brands specialize in workforce management, securitysmart parkingsmart officesmart residential, and smart township solutions, harnessing the power of biometrics, cloud and edge computing, IoT, and AI technologies. All these solutions connect and reshape the landscape of work life and home life within a larger ecosystem.

Through an extensive network, TimeTec Group distributes its biometric hardware products and 18 cloud applications, including IoT devices, to more than 150 countries worldwide. Visit our company websites at TimeTec Cloud, FingerTec, iNeighbour, and TimeTec Building.

Various renowned clients have subscribed to TimeTec’s solutions, including IOI Properties, Putrajaya Holdings, Ibraco, Binastra, Thriven, Hock Seng Lee, QSR Brands, Central Sugars Refinery (CSR), Sunway Constructions, Mamee, Yakult, Nano Malaysia Berhad, and many more. The versatility and feasibility of TimeTec products also attract international customers from around the world, including Hong Kong, Dubai, Australia, South Africa, and beyond.

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