PropTech Study

Parquery’s first solution provides real-time parking guidance to an available parking spot.

Customers currently request additional solutions such as bus parking, truck parking, boat parking, train parking, plane parking, seat occupancy, people counting and warehouse management. After four years of technical work, Parquery’s object detection pipeline is now robust, scalable and 80%-automatised: we can therefore afford to answer these requests without losing focus Parquery sells a service to customers in a niche: large outdoor car park managers, e.g. Airports, Real Estate, Retail, Leisure Parks, Convention Centers, Universities, Hospitals, Employee Car Parks, Cities,…

Benefits Parquery’s end-customers are parking and facility managers, who mostly have the following needs ➢ They wish to display available parking spots to their customers (e.g. retail, airports, corporate parking lots, etc.) ➢ They would like to identify if a vehicle stays longer than authorized (longer than the maximum duration, longer than what they paid for, is an electric vehicle parked but not charging?, etc.). ➢ They wish to understand the usage of their parking area (e.g. do drivers indeed use all the parking area? when?, etc.)

Innovation On the market today, the main techniques to monitor space occupancy are: 1. electromagnetic and or infra-red ground-embedded sensors, which can be expensive, inaccurate and require regular maintenance, 2. video monitoring via cameras with onboard computers and dedicated algorithms to analyse occupancy. These cameras are expensive to install and operate.

On the contrary, Parquery: a. Analyses any image from any already-installed camera: no additional infrastructure is required. b. Provides reliable results (99% accuracy) in all weather conditions. Furthermore, all results are verifiable by customers. c. Developed a built-in-house object detection technology which can be deployed locally or on cloud servers, as preferred by customers. d. Built a robust technology which can detect any object via very low resolution images: more than 300 spaces can be monitored on only one image for instance. e. Has developed a very flexible technology, which can be used to detect any object or silhouette, and create solutions such as people counting in halls or public transport, traffic management or warehouse stock optimization for instance.