november, 2021
Event Details
Abstract:Parking is a $30B industry in North America, yet the industry has changed very little in over 70 years. For example, operators typically set prices by simply
Event Details
Abstract:
Parking is a $30B industry in North America, yet the industry has changed very little in over 70 years. For example, operators typically set prices by simply surveying the price of parking in their local neighbourhood. In this talk, we will show how an interdisciplinary team at SpotHero created the industry’s first real-time rate board using information from digital sensors and parking Point of Sale (PARCS) systems. Our machine learning models optimize the price by minutes and the appropriate time bands for individual parking facilities.We will give an overview of the system, highlight some of our key learnings while collaborating with facility operators, and discuss some of the unique technical IoT and Machine Learning challenges we overcame.
What You’ll Learn:
– How did we translate the ambiguous goal of “predict optimal rate board” into a detailed ML problem which is to predict the best parking price per minute of a day
– How did we determine the correct data sources to use in our ML models
– What difficulties we are facing when data quality is an issue
– How did we build an in-house MLOps system for PoC using Apache Airflow and Kubernetesz
Michael is an accomplished data scientist and thought leader with 10+ years of experience of research and has bring to market advance analytics and machine learning solutions. As a person with insatiable intellectual curiosity, he is passionate about finding actionable insights hidden in vast amounts of raw data. Michael likes data. Manipulating it, making it (simulation), modeling it, visualizing it and yes, even cleaning it. He has been extremely lucky to work in many different realms — have built gambling market trading algorithms and live spots models for online sportsbook. He had built DSaaS tools housing customer analytics and recommendation engine for enterprise customers and built quantitative portfolio construction algorithms for PE firm. Now he’s working with a team of excellent engineers to help people park their cars using cellphone app.
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Time
(Wednesday) 4:05 PM - 4:50 PM
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