Sanjay Puri - Website & Blog - U.S-India Relations Expert & Entrepreneur

Sanjay Puri, U.S.-India Political Action Committee or USINPAC, entrepreneur & investor for technology, smart cities, connected transport, health & wellness, business services and education.

Connected Transport: The Digital Revolution in Motion

While there are significant differences in how transportation has been deployed over time globlaly, we are now at an inflection point in this sector commonly known as Connected Transport.

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Connected transport is leveling the playing field in terms of developed and emerging economies through international cooperation, investment and implementation.

Many urban center civic leaders across the U.S., Europe and Asia primarily are experimenting with various aspects of connected transport through a ‘bottoms up’ approach. This is being accomplished through partnerships with technology giants, investors and transportation companies. Other cities are applying a ‘top down’ approach that links connected transport with broader initiaitives underway across Smart City technologies. “Transportation will play a key role within Smart/Conencted Cities” according to the U.S. DOT.

Connected transport refers to a set of technologies that include but are not limited to:

  • Autonomous vehicles for individuals, fleet and public transport
  • Freight and supply chain logistics technology renewal for rapid delivery of goods
  • Real time information availability exchange within and between vehicles
  • Safety devices and applications for drivers and autonomous vehicles
  • Networked road devices for optimal communication and efficiency
  • New, intelligent ‘super skyways’ with high speed vehicles for safe, rapid and environmentally sound travel

References

Driverless cars could lead to transport revolution – ABC News, Sept 2016 Reinventing Transportation –  Texas A&M Transportation Institute, Jan 2016
Dynamics of Smart/Connected Cities – The National Tranportation Systems Center – Oct 2015

INDIA’S DEMAND FOR ‘SMART PARKING’ DRIVING INNOVATION

India was the fastest growing large car market in 2015. One of the challenges, from a driver’s perspective, is how to manage their parking needs in major urban centers not yet equipped to handle this growth.

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At 7.64% growth over 2014, Indians purchased ~2 million passenger vehicles during 2015. the most of any nation globally. Combined with its population density levels, parking problems across our its major cities like Mumbai, Delhi, Bangalore and Chennai have become common.

To address thse issues Smart Parking Apps have become a demand-driven market. Broadly these apps are either Real Time or On Demand Parking & Valet Services. One of the connected transport accelertator AUTONEBULA’s start-ups, Nearpark, partners with garage owners and uses smart multi-layered data points to provide consumers with real-time updates on nearby off street parking spaces.

Other Indian start-up firms offering real time smart parking data include:

  • GetmyParking which allows drivers to book parking slots around the National Capital Region of India;
  • Justpark, active in Bangalore, and also allows drivers to book parking spots;
  • PParke that helps drivers navigate to a parking space with automatic payment for some spaces; and
  • Constapark, offering drivers ‘valet on demand’ by selecting a destination with an experienced valet driver waiting to park your car

This flourishing parking market in India is analogous to the ‘ride hailing’ market in the U.S. While Uber emerged as the leader among many compeitiors this can change over time as fast followers offer variations and improvements.

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© 2016 Sanjay Puri