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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.

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

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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