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FastPrk-2

ENHANCED ON-STREET PARKING MANAGEMENT SYSTEM

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

technologies strategic turning innovative cisco provides solutions traffic tech worldsensing spent hw strained urban gt transport cities sw occupancy monitored iot company migration sensors population portfolios tools solution street governments 190m full emissions city featuring mitsui 60m fastprk habitants wireless smart citizens sensor considering services diverse trillion leader sustainable 12m 20k almost fjme estimate pioneer monitoring projected 1 minimizing 2020 maintenance optimize competitors reducing accurate industry additional turnover executive focussing spots advisory featured co2 regulated drivers market edge estimates equalling employees alone 100 team time infrastructure ing worldwide global huge companies 7m architecture spaces near enhanced 2019 data association parking cutting 56 investors meets

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 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.	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.