TimeTec Smart Parking 3/12: Parking - Past, Present & Future

12:36 AM TimeTec 0 Comments

Parking history started not when the car was invented in 1866 by Karl Benz, but when cars became widely available in the early 20th century. The history forked in two ways, on-street and off-street parking. For on-street parking, it started in the early 1930s in Oklahoma City, United States. For on-street parking, the parking meter was invented and introduced by Carl Magee to solve the haphazard parking of cars everywhere, causing traffic congestion problems. The installation of the parking meters didn't only solve the traffic problems but also created a new business revenue and a new cost for vehicle owners who wanted to park their cars downtown.

Magee started the Magee-Hale Park-O-Meter Company to manufacture the parking meters. The company later changed its name to POM (the initials of Park-O-Meter), and it is still active in manufacturing parking meters today.

For public off-street parking, the history traced back much earlier than on-street parking. As more people owned cars, parking became a problem, and cities were looking for a solution to park as many cars as possible on as little space as possible, especially for off-street parking when cars at that time weren't weather-resistant as today's, which preference would be indoor garage-based parking. In 1905: Garage Rue de Ponthieu built the very first automated parking garage in Paris, France. It was a multi-story car park site with an internal lift, which moved the cars from one level to another, with the help of some car park attendants to drive and park the cars in available spaces; or today we called it valet parking. Garage Rue de Ponthieu wasn't a fully automated parking garage, but many consider this garage to be the first with the automated elements and, therefore, the forerunner of the Automated Parking System. Technically, it was a semi-automated parking garage.

1905: Garage Rue de Ponthieu, Paris

Nowadays, all building developments have to allocate specific parking spaces that adhered to cities and municipalities' ratios to ensure adequate parking spaces. For example, a retail mall will generally have a higher parking ratio than an office tower. All kinds of parking system and technologies evolved to fulfil the different requirements over the past decades.

Teh Hon Seng, CEO of TimeTec Group, commented, "For a long period, parking access and fees collection system has been transformed from a manual system to unmanned ticketing and cash collecting machine. Now TimeTec Parking came in the digitalization era to give the parking system another boost, transforming it into a ticketless, cashless and touchless system, which we will discuss in the next few articles in this parking series."

After cashless and touchless, what would be the next wave of parking system in the next twenty to thirty years?  

"I'm afraid there would be no parking system by then. We can predict that autonomous or driverless cars would flood the roads in the next two to three decades, and fewer people need to own cars. Carmakers and e-hailing service companies would jointly operate autonomous cars. These cars no longer need parking spaces; they will pick you and drop you off at the right place and at the right time. The arrival of autonomous cars marked the end of the parking system."    

"But since TimeTec Parking emphasizes something beyond parking and the connectivity of continuous activities in the entire digital ecosystem, the omission of parking activity does not break the chain of data flow to achieve better automation for urban living."

Please contact Kelvin Lim, Sales Manager, at kelvin.lim@timeteccloud.com or 012-6891180 for product presentation and demonstration appointments. You may also call 03-80709933 general line or write to info@timeteccloud.com for more information.  

Stay tuned for the 4/12 series next Wednesday on Malaysiakini for TimeTec Smart Parking. For the previous article, click this link:
English version: TimeTec Smart Parking (2/12): A Whole New Parking Experience
Malay version: Parkir Pintar TimeTec (2/12): Pengalaman Parkir Serba Baharu
Chinese version: TimeTec智慧停车系统(2/12):全新的停车体验

About TimeTec

TimeTec Group was established in 2000. Over 20 years, the Group had developed three homegrown globally recognized IT brands, FingerTec, TimeTec and iNeighbour, for workforce management, security, smart office, smart residential and smart township solutions unleashing the power of biometrics, cloud & edge computing, IoT and AI technologies. All these solutions connect and change the landscape of work life and home life in a larger ecosystem. Through a vast network, TimeTec Group distributes its biometric hardware products and 16 cloud applications, including IoT devices, to more than 150 countries worldwide. Visit our company websites: TimeTec CloudTimeTec Building, TimeTec Parking.
Various renowned clients have subscribed to TimeTec various 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 various international customers from all over the world, including Hong Kong, Dubai, Australia, Qatar, South Africa etc.

03-8070 9933     |     Email     |     www.timeteccloud.com     |     Interest Form