ParkLife

ParklLife develops a long-waited alternative to existing road navigation technology, by substituting the "Origin-to-Destination" road navigation by the "Origin-to-Parking" one. ParkLife innovative algorithm combines statistical modeling, GIS sources, survey data and real-time crowdsourcing available from drivers in the area and provides a parking search route that satisfied driver's preferences and is characterized by the maximal possible number of the free parking places along it. Simultaneously, two alternative routes to the cheapest/closest vacant parking lots are provided. All these routes are instantaneously updating following driver's movement. ParkLife solution is tested with PARKAGENT, proprietary agent-based model of parking, and it demonstrates a significant advantage in a parking search time and distance to destination.