Seongdong-gu Launches 'CCTV Artificial Intelligence Parking Sharing Service'

District Launches Korea's First AI-Based Parking Sharing Service Using CCTV... Real-Time Parking Space Display, Automatic License Plate Recognition Payment, Illegal Parking Monitoring... Partnership Agreement Signed with Developer on 9th, Pilot Operation of 156 Spaces Including Sageun-dong Starting January Next Year

On the 9th, Seongdong-gu and the technology development company Light Vision Co., Ltd. held a signing ceremony for the 'AI Video Analysis Technology-Based Service Business Agreement'.

[Asia Economy Reporter Park Jong-il] Seongdong-gu (Mayor Jung Won-oh) is implementing a ‘CCTV Artificial Intelligence (AI) Parking Sharing Service’ that identifies parking spaces, recognizes vehicle license plates, and charges parking fees using closed-circuit television (CCTV) footage.

On the 9th, Seongdong-gu Office held a signing ceremony for a business agreement on ‘AI Video Analysis Technology-Based Service’ with Light Vision, a technology development company. In April, the district, private companies Light Vision and KOMEX formed a consortium and were selected for the Ministry of Science and ICT’s ‘2020 Private Intelligent Information Service Expansion Contest’ to promote the ‘AI-based Parking Sharing Service Using Video Information’ project.

This parking sharing service differs from the sensor-based parking sharing services currently operating in Korea by utilizing CCTV footage to monitor the status of visitor parking spaces, recognize vehicle license plates, and charge parking fees through AI-based video analysis technology.

While existing sensor-based parking sharing services can only confirm the presence of parking spaces in shared parking lots during advance reservations, this service directly provides images of available parking spaces in shared parking lots, allowing users to easily check and find parking spots.

Additionally, vehicle license plates are automatically recognized upon entry and exit, and a unique identification number is assigned for vehicle identification, enabling accurate fee calculation. It also allows real-time monitoring of illegal parking within parking zones, which is expected to reduce complaints and ease parking-related administrative tasks.

A district official stated, “Above all, since this is the first attempt nationwide to use cameras for parking sharing services, if the technology development is completed and factors such as economic feasibility and operational efficiency are verified, it is expected to mark a significant turning point for parking sharing services in the metropolitan area.”

The district plans to develop video analysis technology and a parking sharing service app by the end of December this year, start pilot operations in January next year in four neighborhoods?Sageun-dong, Geumho 4-ga-dong, Seongsu 1-ga 2-dong, and Seongsu 2-ga 3-dong?with 156 parking spaces, and begin full operation from July.

Seongdong-gu Mayor Jung Won-oh said through this agreement, “Starting with this parking sharing service, we will strive to apply fourth industrial revolution technologies such as AI to various administrative service areas including safety and welfare, enabling safe and convenient community-based services that everyone can enjoy.”

Conceptual Diagram of AI-Based Parking Sharing Service Using Video Information

This content was produced with the assistance of AI translation services.