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Cisco partners with Valeo to develop driverless smart parking

Smart parking and mobility partnership envisions integration of sensors to enable autonomous parking

Cisco and French company Valeo have signed a cooperation agreement to develop strategic innovations in smart mobility services. The collaboration between the two firms enables vehicles equipped with Valeo smart parking technology to park safely and autonomously, without a driver on board, in connected car parks.

With this new tool, the driver simply gets out of the vehicle at the car park entrance and activates the automatic parking system using a smartphone. The vehicle then continues its journey in automatic mode until it has finished parking, the companies said.

The solution combines automatic parking technologies (Valeo Park4U Auto), Valeo on-board telematics and secure key systems (Valeo InBlue) with Cisco Parking Controller technologies, which equip car parks with Wi-Fi, video sensors and artificial intelligence-based solutions.

The vehicle’s sensors, together with the information provided by the equipment installed in the car park, allow the vehicle to perceive its environment with a high level of accuracy. The vehicle is able to navigate complex parking facilities by processing all of the necessary information with the help of an integrated GPS service and the vehicle’s own sensors.

Indigo, a provider of parking services and individual mobility solutions, is the first firm to integrate the new service.

“Valeo’s Park4U Auto technology has already been integrated into more than 12 million vehicles worldwide. Our partnership with Cisco is a great opportunity for us to show how our technologies are capable of transforming urban mobility services sustainably and for the better,” Jacques Aschenbroich, Valeo’s Chairman and CEO, said.

“With the innovative Cyber Valet Services project, we can currently connect millions of parking spaces in total safety. We are pleased and proud to combine our expertise, technological solutions and resources with those of Valeo to together provide cities and their residents with new digital services,” Robert Vassoyan, Chief Executive Officer of Cisco France, said.

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Juan Pedro Tomás
Juan Pedro Tomás
Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.