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Valeo and Cisco innovate for Smart Parking Service

Valeo and Cisco signed a cooperation agreement to develop strategic innovations in smart mobility services.

The Cyber Valet Services is a project resulting from their collaboration. How it works: the driver simply gets out of his/her 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. In just a few clicks, it can be set in motion again to meet the driver at the designated pick-up point in the car park.

The smart Parking service

02:16

The vehicle drives itself inside the car park by combining the power of 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.

This unique solution, developed by two major strategically aligned tech players, now enables vehicles equipped with Valeo Park4U® Auto technology to park safely and autonomously, i.e., without a driver on board, in connected car parks.

Jacques Aschenbroich - Valeo's Chairman and CEO and John Chambers Cisco Systems' CEO
Jacques Aschenbroich - Valeo's Chairman and CEO and John Chambers Cisco Systems' CEO
Cyber Valet Service
Cyber Valet Service
Cyber Valet Service