NEWS
Bruges launches smart parking solution to increase rotation in city centre
Based on IoT sensor technology , Orange Belgium and
CommuniThings smart parking solution allow visitors to park for up to 30 minutes , free of charge , at selected locations throughout Greater Bruges . Local authorities will leverage sensor alerts on parking over the time allocated to monitor the mobility in their city and act swiftly against parking violation , thereby enforcing their parking policy in real time .
A comprehensive and effective parking policy is key for Belgian municipalities . It greatly impacts the inhabitants ’ quality of life but also a city ’ s attractiveness for tourists and shoppers , as it can help reduce congestion and the overall CO2 emissions .
It can also be instrumental to help revive small businesses and shops which are currently impacted by the COVID-19 pandemic . Thanks to its selection of Orange Belgium and CommuniThings smart parking solution , the city of Bruges now has the tools to plan parking policies and enforce citizens ’ adherence .
This rollout follows other successful smart parking deployments by Orange and CommuniThings in cities such as Liège , Aarschot , Wavre , Mechelen Mons and many others .
Aimed at promoting economic development in the city centre , particularly during the COVID-19 deconfinement , the service promotes increased parking rotation at nearby retail areas .
As a result , more customers visit the shops , spend and then leave promptly – making room for others to follow the same path . Experience in other cities shows total rotation was multiplied by three , thanks to Orange Belgium ’ s smart parking solution .
Turkey ’ s Akbank will use FICO optimisation to build value in credit card portfolio
Global analytics and decision management provider , FICO , is providing decision optimisation software to manage the growing consumer credit card portfolio for one of the biggest Turkish retail banks , Akbank .
FICO has a global pedigree in credit limit management optimisation projects , and many of the world ’ s leading financial institutions use its optimisation technology . Akbank will tap into this depth of experience to create an optimisation centre of excellence . Akbank has tasked FICO to train an in-house team so it can build its own applications for other areas , such as loan amount and pricing optimisation , customer-based limit optimisation and restructuring optimisation .
FICO will configure and develop sophisticated ‘ action-effect ’ models for Akbank ’ s retail lending team using FICO Decision Optimiser to manage their initial credit limit assignment and the ongoing limits for Akbank ’ s consumer credit card portfolio .
The action-effect models project customer responses to offers in order to determine the best offer for each customer . These will be configured into the optimisation framework , allowing the Akbank team to choose an operating point that meets their objectives and constraints .
Serhan Pak , Akbank ’ s Senior Vice President , Retail Lending , said : “ We view optimisation as a strategic tool for Akbank , as we build on excellence in credit analytics to reach our strategic goals .”
18 INTELLIGENTCIO www . intelligentcio . com