5 top smart parking startups out of 634 in smart cities
We analyzed 634 smart parking solutions for smart cities. Cleverciti, Smart Parking, Parkwise, Stanley Robotics, and PayBySky are our 5 picks to watch out for. Learn more in our Global Startup Heat Map below.
Our innovation analysts recently looked into emerging technologies and up-and-coming startups working on solutions for smart cities. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 5 promising smart parking solutions.
Heat map: 5 top smart parking startups
For our 5 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 634 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Which companies develop the other 629 smart parking solutions?
CLEVERCITI – SMART SPACE-MONITORING PARKING SENSORS (SSMPS)
With a growing population in cities, parking lots often have a lack of free spaces. By using smart space-monitoring parking sensors and generating real-time data on parking-spot occupancy, drivers can navigate to the nearest open spot. Data collected from SSMPS can also be used for further optimization of city traffic and parking pricing policies. The same information can be used to maximize revenue by detecting overstays and directing more drivers to underused spaces. Cleverciti from Germany offers a sensor solution that systematically gathers information on available and occupied parking spaces in real-time. Each sensor covers up to 30 parking spaces, and they can be mounted on lamp posts, buildings or masts without requiring roadworks. It generates updated data every 3 seconds and has a night time mode as well – without the need for additional lighting or infrared.
SMART PARKING – SMART PAYMENT FOR PARKING
Drivers often get stuck in parking lots, chasing pay stations or spending a vast amount of time searching for change. Cashless payment solutions are reducing the time for payment and make the procedure more convenient for Smart City citizens. Parking lot owners and city utilities are benefiting from automatic mobile payments too, as they save money on parking pay stations. The single-click-to-pay technology developed by Smart Parking from Belgium supports over 250 worldwide payment methods that are used to substitute payment terminals on parking lots. Their API can be used with any existing Parking Management System.
PARKWISE – REAL-TIME PARKING GUIDANCE SOFTWARE
Searching for free parking spots oftentimes causes additional movements and traffic on the streets. Drivers leave one parking area and start looking for another one, without even knowing if parking slots are available. With the usage of the Internet of Things (IoT) and real-time parking guidance software, drivers are able to communicate with each other and find empty parking spots faster, thus reducing the chance of possible traffic jams. The US-based company Parkwise develops a phone application using artificial intelligence (AI), which connects drivers through their smartphones, so they are helping each other to find empty parking spots easier. Furthermore, when a driver is about to leave their parking spot, the application notifies other drivers about the free parking space.
STANLEY ROBOTICS – AUTOMATED VALET PARKING
In large crowded spaces, like airports or shopping malls, people more likely to spend a huge amount of time searching for free parking spaces. Automated valet parking systems allow drivers to leave their vehicles in a special spot, where a valet take over and park the vehicle tight, in an efficient way. Stan, the robotic valet, by the French company Stanley Robotics, is able to control all types of cars, at a maximum length of 6m, and can easily handle a 3-ton load. The robot is equipped with artificial intelligence which allows it to optimize parking lot space. Stan moves autonomously and adapts to different obstacles that might be in its way.
PAYBYSKY – PARKING BY SATELLITE
Municipal authorities face the problem of privately owned vehicles that are occupying public spaces. One way to resolve this issue is to use accurate satellite vehicle positioning algorithms and a built-in database of parking locations, time, prices, and rules including exceptions. The UK-based PayBySky’s satellite services are starting and stopping parking transactions automatically, so drivers only pay for the minutes they use. As a virtual, cloud-based parking payment system, PayBySky is easily implemented by Smart City authorities to control parking revenue and collect parking data.
WHAT ABOUT THE OTHER 629 SOLUTIONS?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 startups showcased above are promising examples out of 634 we analyzed for this article.
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