Car Park Revenue Management System (CPRM)

Car Park Revenue Management System (CPRM) 2019-10-01T06:59:56+00:00

Overview – Car Park Revenue Management System

Car Park Revenue Management System (CPRM) is a demand-driven dynamic car park pricing & analytics system for car parks in Malls, Airports or Parking Zones. CPRM not only recommends and applies optimal pricing but also provides critical data-driven insights to maximize revenue and management control, for both pre-bookings and drive-ups.

Car Park Revenue Management System predict and recommends future price every day for few days ahead based on historical data analytics, algorithms and business rules. Data visualization is done through dashboards and reports with various features and functionalities like Filters for Terminal, Car Park, Time period selection, Scorecards , Drill downs, etc

Does demand exceed your car park capacity? Or the other way round? In either case, get the price right!

Register For Demo

Challenges in Maximizing Car Park Revenues

Car Park Revenue Management System

Solution Benefits

Car Park Revenue Management System
Register For Demo

Solution Details

Historical data processing
  • Uses past 2+ years of historical transactions and reservations
  • Data cleaning – outlier detection, identifying constrained periods & special events
  • Customize demand prediction model according to specific business needs
Decision Optimization
  • Factors affecting demand analysed
  • Historical data as well as recent trends included in analysis
  • Demand models generated for identified demand groups
  • Using business constraints, predictions generates pricing decisions
Monitoring Process
  • Monitors patterns and predictions in a predefined frequency
  • Significant deviations results in alerts and re-modelling activities

Solution Architecture

CPRMS
At GrayMatter, Your Business Matters!
Contact Us
At GrayMatter, Your Business Matters!
Contact Us
Contact us
close slider










I would like to receive information about GrayMatter products & services