Smart parking system - another way of sharing economy provided by private institutions

This paper presents our smart parking solution implemented at “Lucian Blaga” University of Sibiu (LBUS) Romania, which consists in a hardware / software embedded system for managing the institution’s parking lots, namely sharing the parking places in excess for people who are in traffic in neighbourhood of LBUS and are looking to park. Our solution is flexible, universal, applicable to all faculties that have car parks from Romania and not only, in university cities where the crowd is bigger, but also to other private institutions that own parking spaces inefficiently exploited. The advantages introduced are primarily economic, then social and even environmental. The first benefit is economic - for institutions which exploit their free parking spaces during the year, at different moments of time (holiday, afternoon, or time when people left from work) offering for people who are searching for. From a social point of view, ensuring the convenience of drivers, reducing crowding especially at rush hours and reducing the time spent in search of a parking space, is also an important advantage. Reducing the cost of fuel required by cars that are looking for a parking space contributes to reducing pollution and improving air quality, having a positive impact on the environment.