Summary:
The German company digitizes parking lots using different appropriate technologies. With the real-time data created using different sensor technologies, they are able to analyse the usage of the lots and then allow a dynamic monetization by flexibly renting out parts of the parking lot that are not used. Lessors and lessees can use the platform (app). They are looking for partners for technical (sensor technology) and commercial cooperations (companies with access to parking lots).
Description:
The German company offers a platform connecting digitized parking lots to demand from drivers in urban areas. They use different existing sensor technologies – magnetic field, ultrasound or camera based systems, depending on the specific use case for the individual lot – to digitize parking lots and aggregate real-time usage data. They then offer the owners access to the usage data via our analysis tool. With this tool, they also identify areas and times of the parking lot that are not used and have a potential for flexible rental. With their rental tool, they make it easy for the owner of the parking lot to rent out the optimal amount of parking spots for an additional income of otherwise unused spots.
On the demand side, the company has developed their own parking application, where potential renters can find a free spot, which they can guarantee to be free at this particular moment, thanks to the integration of real-time data. Drivers can furthermore reserve this spot, start the navigation and at the end of the parking process pay for their stay. The company can integrate any digitized parking lot into the application, as long as the sensor technology used has an adequate response time and accuracy.
They are now looking for partners with access to parking lots, who want to incorporate the company's technology and offer an additional revenue stream to their respective clients.
Additionally, the company is looking for technology partners, i.e. companies who install and operate sensor technology in the parking market and would be interested to cooperate with them to include the company's technology into their respective portfolio.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
Commercial Partners: The German company is looking for partners on the supply side of the spectrum, i.e. companies with access to parking lots, who want to incorporate the German company's technology and offer an additional revenue stream to their respective clients based on a commercial agreement.
Technology Partners: companies who install and operate sensor technology in the parking market and would be interested to cooperate with them. The collaborationo aims to include the German company's technological offering of analysis and rental into their respective portfolio based on a technical cooperation agreement.
Joint participation inf R&I funding programmes is also a potential way to consolidate the collaboration.
Stage of Development:
Available for demonstration
Comments Regarding Stage of Development:
The German company is currently in the Proof of Concept phase in their home market, planning to expand throughout Europe in the coming years.
IPR Status:
Secret Know-how
External code:
TODE20201016009
