Uncanny Vision & East West Associates partner to deliver AI-enabled Parking Solutions

AI-based Real-Time Video Analytics for Parking Garage Automation

North Carolina, May, 19, 2020 - Uncanny Vision, an award-winning AI company which specializes in developing real time AI-based video analytics on IoT devices, announces a global partnership with East West Associates, a diversified real estate services firm which includes affiliated companies that provide planning, design, development management, construction management, and design/build for parking operations. East West Park provides parking technology solutions for select needs in facilities it owns and operates, for facilities of affiliated partners and franchises, and for facilities of third-party publicly or privately owned entities.

East West has joined hands with Uncanny Vision to promote and market the Uncanny Vision's AI-based License Plate Recognition (LPR) solution and related parking technologies. East West, through its East West Park and East West Tech affiliates will assist Uncanny Vision in marketing, sales, installation, and maintenance of Uncanny Vision's products. East West has been in the Parking Business for more than two decades offering services ranging from management consultancy all the way to running entire parking operations for clients, whereas, Uncanny Vision is an AI Technology Company focused on providing solutions for the Parking Industry such as LPR and Vehicle Counting. Though the companies have different backgrounds, the common goal of addressing the needs of the parking industry such as Revenue Monitoring in Valet Operations, Monthly or VIP Parking in Commercial buildings, Ticketless Parking and Parking Guidance has brought these companies together.

Ranjith Parakkal, Founder and CEO of Uncanny Vision said, "East West has been in the Parking Industry for many years and their Industry experience is of tremendous value to us. They have an international sales force which can help to take our products to the market quickly. By combining our remote monitoring platform with people on the ground from East West, customers can expect on-hands support from us - not just in terms of reducing turnaround time in addressing issues but walking through every step of the way to make sure customers realize the full potential of their assets"

"With a rapid development of the IoT concept, parking has become an essential part of the mobility industry. Installment of cutting-edge technology is a key to increased efficiency of business operations. East West has teamed up with Uncanny Vision to be able to offer a wider range of parking innovative solutions to help monitor demand, optimize supply, and better meet the growing variety of customer needs at our operations throughout US as well as our partner facilities." - highlighted Alexia Budko, Global Director of Marketing & Business Expansion at East West.

AI-based License Plate Recognition enables Smart Parking

Uncanny Vision's high accuracy License Plate Recognition is deployed in numerous locations globally including North America, India and Southeast Asia and is expanding rapidly. All the AI-based Video Analytics happens at the edge, reducing the Total Cost of Ownership (TCO) at the same time overcoming privacy issues. The Technology enables applications such as Frictionless Parking, Parking Guidance, Enforcement and Monitoring for valet operations. The key features of the product include Guaranteed accuracy, low latency and low cost.

Navaneethan Sundaramoorthy, co-founder at Uncanny Vision says "We are the only LPR vendor to offer a Service Level Agreement of greater than 99% Detection Accuracy and 95% LPR Read Accuracy because of our proprietary AI models validated with millions of vehicle images as well as an edge-cloud IoT monitoring framework. The total hardware cost for deploying an LPR solution is less than $950 per lane which makes it attractive for Parking Automation and Visitor Management applications."

East West Parking Associates

East West's team of professionals provides comprehensive parking solutions for all seven continents on a full turnkey or ? la carte basis.
A broad selection of services is offered, including development, design, engineering, leasing, management, operations, ownership, consulting, and technology survey, implementation, and financing. East West also offers franchise and joint venture opportunities to new parking facility operators and owners.

"Having been in charge of a parking operation for over 13 years, I have seen the industry change and the importance of technology has become essential. With numerous technology updates in the industry each year, license plate recognition is a major one as it helps to track and monitor cars 24/7 and improves potential enforcement. Generating higher revenues for any parking operation is a crucial element of our corporate focus whether surface parking lots or multi-story structural garages." - added Mark Lewis, Director of Property Management at East West.

Uncanny Vision Solutions
2140 South Dupont Hwy,
Camden, Delaware 19934

PR Contact:
Prush Palanichamy,
sales@uncannyvision.com

Uncanny Vision is an award-winning AI-based Computer Vision company delivering next generation Intelligent Surveillance solutions for Smart Cities, Smart Buildings & Smart Infrastructure - specifically for People & Vehicle Monitoring using Cameras. Uncanny Surveillance enables Cameras to "see" and "understand" their environment instantly using optimized real-time AI/Deep Learning algorithms. Uncanny Vision's customers include multiple Fortune 500 customers in the US, Japan, South East Asia, Africa and India. Follow Uncanny Vision on Twitter (https://twitter.com/UncannyVisionAI), LinkedIn (https://www.linkedin.com/company/uncannyvision-solutions) and Web (https://www.uncannyvision.com/)

This release was published on openPR.