700251Smart Personal Parking eXperience (SPPeX)ClosedGRD Proof of MarketInnovate UKThe objective of this proposal is to conduct a comprehensive market analysis and assess the commercial viability of a novel system to significantly improve the efficiency of parking management systems. This system would develop a hybrid sensor technology and secure communications and management environment to fully automate operation of parking facilities in urban areas. The innovation stems from combining elements of recent research on Sensor- and Intelligent Transport- Systems (at the University of Surrey), that the applicant has founded a company to exploit and will leverage ongoing developments in Internet of Things ecosystem platforms. The system is expected to collect real-time information of the available parking spaces, match to the users’ demand, and execute the financial transactions with minimum user/operator intervention. The proposed solution is particularly designed to operate on a mobile application platform and integrate with advanced mobile location services, which users are increasingly accepting and expecting. In terms of the impacts, the objective of the system is to significantly reduce the time spent by the drivers to locate parking spots, make reservations, and complete payment transactions in a pervasive manner. In addition, parking operators will benefit by increasing the utilization of their facilities and reducing the operation costs. Finally, the proposed solution will effectively help councils to mitigate the congestion that results from search of parking spaces by the drivers in urban areas.