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L&T Technology Services develops an AI-based parking guidance system with Intel


Engineering services firm L&T Technology Services (LTTS) said today that it has developed an artificial intelligence based smart parking solution with Intel Corporation. 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.

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Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “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.”

The solution doesn’t require sensors and 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.

“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,” said Jonathan Wood, Senior Director, Next Generation and Standards, Intel Corporation.



Source : economictimes.indiatimes.com

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I am tech enthusiast and a keen learner, Currently pursuing Bachelors in Computer Science from University of Delhi
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