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License Plates by AI, Management by Cloud... The New Normal in Parking Control 'i-Parking'

Overcoming Limitations of Temperature, Humidity, and Aging
Enhanced Security and Shortened Recovery Time
Pursuing Innovation in Unmanned Parking Systems

"License plates are recognized by artificial intelligence (AI) cameras, and parking information is managed in the cloud." This is the motto of the unmanned parking control solution company 'iParking.' By integrating AI and cloud technologies, iParking aims to further enhance the efficiency of the unmanned systems dominating the domestic parking control market and set a new standard for unmanned parking control systems.


Parking System Transformed by 'AI LPR' Technology

The high-performance 'AI License Plate Recognition (LPR) Camera' developed by iParking is a core technology that simultaneously handles three areas: detecting vehicles entering parking lots, capturing images, and PC analysis. Unlike current license plate recognition systems that link different systems for each of these three areas, this technology automatically recognizes and analyzes license plates when applied.


In particular, vulnerabilities to temperature, humidity, seasonal changes, and aging issues are critical weaknesses of existing systems, whereas AI-based systems are unaffected by these factors. Additionally, through continuous data learning, AI has significantly improved the accuracy of license plate recognition and reduced failure issues. This achievement is the result of iParking’s technical challenge to overcome the inherent vulnerabilities of analog systems.

License Plates by AI, Management by Cloud... The New Normal in Parking Control 'i-Parking' Comparison between the current system and iParking next-generation AI system. Provided by iParking

Advancing a Step Further with '365Cloud'

'365Cloud' is a core product of the company alongside the AI LPR camera technology. After developing this product, iParking was able to transform from a simple parking equipment supplier into a cloud service company. With the introduction of the cloud system, iParking began eliminating the existing physical local PC-based systems. Instead, it built a 'next-generation parking control system' that uploads and processes everything?from entry and exit data and discount coupon information to settlement and payment?in the cloud.


Moreover, considering the strong security requirements of cloud systems, iParking enhanced data security and reduced recovery times from 2?3 days to 1?2 hours in case of failures. Through this, iParking proudly claims to be completing a truly meaningful cloud parking system.

License Plates by AI, Management by Cloud... The New Normal in Parking Control 'i-Parking' Next-generation parking management system '365Cloud'. Provided by iParking

iParking Towards the 'New Normal' in the Parking Market

iParking redesigns almost all equipment needed for parking control with its own technology and commercializes them. Since 2022, iParking’s research and development (R&D) lab has been conducting advanced technology research to respond to upcoming market changes. The active utilization of extensive real-world parking lot data has led to the development of the next-generation cloud system.


The company aims for outstanding sales performance in the fiercely competitive domestic parking market by leading with its flagship product, the 'iParking 365Cloud Parking Rental System.' Furthermore, it plans to continuously develop technology to establish new standards and directions for the parking industry and strengthen its competitiveness.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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