iRAM Technologies has secured three multi-million-dollar projects for developing on- and off-street smart parking solutions for Bhubaneswar, Kanpur and Nashik Smart Cities.
iRAM has secured these projects in partnerships with conglomerates in the Smart City Space.
The company will install IOT architecture-based smart parking technology which includes sensors, parking gateways, Parking Management & Guidance software, Mobile Point of sale solution and citizen application.
The smart parking technology will be installed at 87 sites in Bhubaneshwar, 42 sites in Kanpur and 33 parking sites in Nashik.
The technology will be deployed over the next six months. The charges for parking will be done through approved mobile point of sale systems providing multiple options of credit card/debit card/pre-paid card/wallet-based payments.
Moreover, these smart cities will receive real-time data of revenue collections, city wide parking occupancy and so on.