Car Park Revenue Optimization
Car Park Revenue Optimization is a demand-driven dynamic car park pricing & analytics system for car parks in an airport or even in Malls or Parking Zones.
- To Maximize Car Park Revenues by Optimizing Car Park Occupancy and Pricing
- Predicts and recommends future price every day for few days ahead based on historical data analytics, algorithms and business rules
- Provide ongoing basis monitoring and remodeling of algorithms for model optimization
- Provide workflow process for price approval and override decisions to the user
ROI (Business Case)
- 5-10 % improvement in monthly car park revenues within 6 months of system go-live