ParkIT: An AI-Driven Parking Spot Reservations The frustrating search for parking in urban environments is a common problem. We aim to solve it with an innovative app that leverages AI and camera technology to enable parking spot reservations, streamlining the parking experience and reducing wasted time. Vision To revolutionize urban parking by providing a convenient, efficient, and stress-free experience for everyone. Fast Parking, Good Life

MEET THE TEAM Co - Founder & CEO Georgi Georgiev Co - Founder & CTO Farid Aliyev Co - Founder & CMO Tinatin Kharshiladze Co - Founder & CFO Natalia Savenko Weronika Bylica Co - Founder & Senior Risk Analyst Co - Founder & Senior Data Analyst Kımet Beyza Yılmaz

Identifying the Problem: Parking Woes in Cities Time Wasted Drivers spend an average of 20 minutes searching for parking, leading to wasted time and fuel. Stress and Frustration The stress of finding parking can lead to road rage and accidents, impacting driver safety.

Our Innovative App: Booking Parking Spots Beforehand 1 Real-time Availability View available parking spots in real-time and book your space in advance. 2 Seamless Navigation Get directions to your reserved spot, making it easy to find your car after your trip. 3 Payment Integration Securely pay for your parking spot through the app, eliminating the need for cash or physical tickets.

Market Analysis: Who Needs Our Service? Commuters Eliminate the morning rush and stress of finding parking before work. Shoppers Ensure a convenient and stress-free shopping experience, without worrying about parking. Tourists Discover and reserve parking spots near popular attractions, saving time and effort. Reserve Parking Spots

Powering the System: AI and Camera Technology 1 Camera Network Install cameras throughout parking areas to capture real-time parking availability. 2 AI-powered Recognition Use AI algorithms to analyze camera footage and detect empty and occupied parking spots. 3 Data Integration Integrate real-time parking data into the app interface, providing accurate and up-to-date information.

SWOT Analysis: Strengths • AI and Camera Integration • Convenience and User Experience • Scalability • Data Analytics • Time-Saving & Cost-Effective Weaknesses • High Initial Investment • Dependence on Camera Accuracy • User Adoption • Limited Availability • Privacy Concerns Opportunities Threats • Expanding Urbanization and Traffic Congestion • Partnerships with Commercial Parking Facilities • Subscription Models • Integration with Other Mobility Apps • Sustainability and Eco-friendliness • Competition • Changing Regulations • Technical Failures or Security Risks • Public Resistance to AI • Maintenance and Operational Costs

Mitigating Risks and Contingency Plans Main Risk Competition from existing parking apps and services. Overcoming the Risk Differentiate by offering advanced features, like real-time availability and seamless payment integration.

Promotion Strategies: Reaching the Right Audience 1 Social Media Target potential users through social media platforms, promoting app features and benefits. 2 Digital Ads Run targeted digital ads on search engines and social media platforms to reach relevant audiences. 3 Partnerships Collaborate with local businesses, like restaurants, events, and parking garages, to promote the app.