JAAN Innovations: Pioneering Smart Parking Management with AI/ ML & Computer Vision via Hawkeye Platform
India’s vast population and rapid urbanization have driven a significant influx of people from rural areas to cities, leading to a boom in automobile sales and further straining urban infrastructure. This urban migration has heightened the challenge of managing parking spaces, especially in areas with the rise of shopping malls, multiplexes, IT parks, and corporate offices. The need for efficient parking management solutions has intensified across both private and public sectors.According to recent estimates by Markntel Advisors, the Indian parking management solutions market, valued at $655.21 million in 2023, is projected to grow to $832.05 million by 2030, at a CAGR of 2.6 percent. Amidst this dynamic market, JAAN Innovations stands out with its groundbreaking approach, leveraging advanced AI/ML and computer vision technologies. Founded in 2016 by college friends Ajay Masur (CEO), Jayant Deo (COO), and Nikhil Joshi (CIO), JAAN Innovations has been a leader in delivering innovative solutions to parking management.
“We were clear on the technologies we wanted to work with. After extensive market research and attending international exhibitions in Dubai and Amsterdam, we realized no one was offering the level of advanced technological solutions we envisioned for the parking sector. So, we took the plunge into smart parking management”, Ajay Masur shares, reflecting on the company’s origin.
Transforming Parking Management
As pioneers in integrating AI/ML into parking management, JAAN Innovations developed the Hawkeye Smart Parking platform, designed to streamline parking operations end-to-end. This includes issuing parking tickets via WhatsApp/ SMS, automating vehicle entry/exit logs, real time vehicle guidance and occupancy detection, also collecting parking fees. Unlike traditional solutions that depend on costly sensors, Hawkeye employs computer vision technology, using cameras as sensors to gather comprehensive data through images and videos. This innovative approach significantly reduces client investment by enabling a single camera to monitor multiple parking bays, eliminating the need for individual sensors for each bay.
In addition to its robust software platform, JAAN Innovations also developed the Hawkeye Smart Gateway, which bridges the platform with on-site hardware. Available in three variants - Sensor Only, Camera Only, and
Sensor + Camera - the Gateway can process up to 450 sensors and 100 IP cameras simultaneously. JAAN also offers a mobile app that integrates with Hawkeye, allowing users to check parking space availability, book spots, and even view their parked vehicles in real time, ensuring enhanced security for vehicle owners.
AI/ML-Powered Computer Vision Capabilities
The Hawkeye platform uses AI/ML algorithms to analyze parking behavior patterns, helping optimize space management based on user preferences. The platform’s computer vision capabilities offer precise vehicle identification, capturing details such as color, model, make, and license plate through Automatic Number Plate Recognition (ANPR). It also supports vehicle type classification, from two-wheelers to larger vehicles to identifying the various types such as Private, Public, Electrical, thus making it a highly efficient and cost-effective solution in today’s market.
“Scalability and adaptability are the cornerstones of the Hawkeye platform. We’ve built a modular, cloud-based architecture that supports both single-site and multi-site deployments”, explains Ajay. “Our API-driven integrations seamlessly interface with third-party systems, ensuring flexibility for diverse infrastructures - whether it’s malls, airports, corporate offices, or public parking facilities. With real-time data at its core, Hawkeye provides critical insights into parking patterns and space utilization, helping operators make informed decisions and dynamically optimize parking availability”.
Looking Ahead
JAAN’s hardware-agnostic approach positions it well for global expansion, with plans to enter markets in the US, UAE and Africa. The company is focusing on adapting Hawkeye to meet regional needs, incorporating local license plate recognition and ensuring compliance with international data protection laws. Hawkeye’s cloud-based, modular design ensures easy localization, enabling JAAN to cater to diverse markets efficiently.
Looking to the future, JAAN sees emerging technologies like drones, predictive analytics, and blockchain playing a key role in parking management. Ajay shares his vision, “In the next decade, we expect Hawkeye to evolve into a fully autonomous parking management system, powered by AI/ML. Features like predictive analytics, smart parking reservations, dynamic pricing, and integration with autonomous vehicles will shape the future of parking, enhancing both user experience and operational profitability”.
Scalability and adaptability are cornerstones of the Hawkeye platform, wherein we’ve built a modular and cloud-based architecture that supports both single-site deployments and multi-site infra-structures
AI/ML-Powered Computer Vision Capabilities
The Hawkeye platform uses AI/ML algorithms to analyze parking behavior patterns, helping optimize space management based on user preferences. The platform’s computer vision capabilities offer precise vehicle identification, capturing details such as color, model, make, and license plate through Automatic Number Plate Recognition (ANPR). It also supports vehicle type classification, from two-wheelers to larger vehicles to identifying the various types such as Private, Public, Electrical, thus making it a highly efficient and cost-effective solution in today’s market.
“Scalability and adaptability are the cornerstones of the Hawkeye platform. We’ve built a modular, cloud-based architecture that supports both single-site and multi-site deployments”, explains Ajay. “Our API-driven integrations seamlessly interface with third-party systems, ensuring flexibility for diverse infrastructures - whether it’s malls, airports, corporate offices, or public parking facilities. With real-time data at its core, Hawkeye provides critical insights into parking patterns and space utilization, helping operators make informed decisions and dynamically optimize parking availability”.
Looking Ahead
JAAN’s hardware-agnostic approach positions it well for global expansion, with plans to enter markets in the US, UAE and Africa. The company is focusing on adapting Hawkeye to meet regional needs, incorporating local license plate recognition and ensuring compliance with international data protection laws. Hawkeye’s cloud-based, modular design ensures easy localization, enabling JAAN to cater to diverse markets efficiently.
Looking to the future, JAAN sees emerging technologies like drones, predictive analytics, and blockchain playing a key role in parking management. Ajay shares his vision, “In the next decade, we expect Hawkeye to evolve into a fully autonomous parking management system, powered by AI/ML. Features like predictive analytics, smart parking reservations, dynamic pricing, and integration with autonomous vehicles will shape the future of parking, enhancing both user experience and operational profitability”.
