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FastPrk-2

ENHANCED ON-STREET PARKING MANAGEMENT SYSTEM

Total Cost €

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EC-Contrib. €

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Partnership

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 FastPrk-2 project word cloud

Explore the words cloud of the FastPrk-2 project. It provides you a very rough idea of what is the project "FastPrk-2" about.

time    12m    infrastructure    gt    worldwide    turnover    advisory    100    governments    fjme    city    monitoring    maintenance    worldsensing    spots    sw    portfolios    minimizing    investors    solutions    companies    trillion    20k    parking    market    spaces    considering    industry    ing    emissions    additional    tech    transport    turning    iot    cities    provides    sensor    hw    edge    56    employees    strained    traffic    near    diverse    technologies    cisco    huge    leader    innovative    estimates    population    team    drivers    smart    190m    focussing    global    2019    cutting    competitors    wireless    tools    street    sustainable    enhanced    solution    sensors    alone    mitsui    optimize    association    spent    occupancy    featured    accurate    featuring    architecture    urban    pioneer    fastprk    regulated    citizens    estimate       company    7m    reducing    projected    almost    2020    services    full    monitored    equalling    data    migration    meets    60m    strategic    executive    habitants    co2   

Project "FastPrk-2" data sheet

The following table provides information about the project.

Coordinator
WORLDSENSING SL 

Organization address
address: CALLE VIRIAT 47 PLANTA 10
city: BARCELONA
postcode: 8014
website: www.worldsensing.com

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website http://www.fastprk2.eu/
 Total cost 2˙150˙027 €
 EC max contribution 1˙505˙019 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2016
 Duration (year-month-day) from 2016-06-01   to  2018-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    WORLDSENSING SL ES (BARCELONA) coordinator 1˙505˙019.00

Map

 Project objective

The migration of the global population to urban areas has strained the resources of cities worldwide. To address these challenges governments are turning to Smart Cities to provide sustainable infrastructure that meets the needs of citizens. The smart city industry is projected to reach 1.56 $ trillion by 2020. Smart city initiatives are focussing on smart parking systems to enhance regulated parking spots with occupancy sensors that provide additional features & services to parking management companies as well as drivers by reducing time spent looking for parking, traffic and CO2 emissions. Monitored parking spaces will be a global emerging market by 2020 when 1% of on-street parking spaces will be controlled. The European Parking Association estimates that there are 12M parking spaces available for smart parking (in European cities with more than 20K habitants). As a result, they estimate that there are an additional 190M spaces likely to become regulated in the near future, equalling a huge potential market for Fastprk-2 in Europe alone. Considering the competitors & the time-to-market we aim to manage 60M parking spaces for 2019. FastPrk-2 is an innovative full featured smart on-street parking solution, featuring enhanced services resulting from almost 100% accurate occupancy sensors & a system architecture that provides cutting edge HW-based sensor technology & SW-based tools that optimize transport management through innovative applications that analyse diverse parking related data, minimizing maintenance costs and operational processes. Worldsensing is a cutting edge tech company, a market leader in innovative wireless solutions, & a pioneer in IoT technologies, with a strong executive & advisory team, as well as the strategic investors Cisco, Mitsui and FJME. Worldsensing has 2 main product portfolios: Smart Traffic solutions for Smart Cities and Industry Monitoring solutions. It has >30 employees & an increasing turnover of 2.7M€.

 Deliverables

List of deliverables.
Fastprk-2 product Demonstrators, pilots, prototypes 2019-05-25 02:48:10
Exploitation/dissemination activities report (year 2) Documents, reports 2019-05-25 02:48:10
Product demonstration and field trial results Demonstrators, pilots, prototypes 2019-05-25 02:48:10
Prototype demonstration and field trial results Demonstrators, pilots, prototypes 2019-05-25 02:48:10
Exploitation/dissemination activities report (year 1) Documents, reports 2019-05-30 17:43:45

Take a look to the deliverables list in detail:  detailed list of FastPrk-2 deliverables.

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The information about "FASTPRK-2" are provided by the European Opendata Portal: CORDIS opendata.

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