Smart parking - the real innovation is not in the parking

Smart parking is innovative, but what it enables is even more innovative

Posted on 1 CommentPosted in Digital Transformation, Innovation Management, Internet of Things, Smart City

The real innovation of smart parking solutions is not in the technology. While smart parking solutions bring immediate value to drivers, parking enforcement agencies and cities, the real innovations and value will emerge once it is deployed and new beneficiaries emerge.

Smart parking is not all about parking. This article describes who the new beneficiaries are, shares examples of where new value is being created, and lists best practices to uncover real innovations.