New: Smart Parking - Worldsensing rolls out Fastprk Evolution

Fastprk is featured in the world’s biggest parking project for LA metro

Barcelona, June 2018

In time for IPI, the world’s largest parking conference by International Parking Institute in Orlando, Florida, Worldsensing is launching an updated version of its leading outdoor parking management system.

Fastprk, which is ranked among the top four parking offerings by leading market analyst IDC (International Data Corporation), now features a dual-detection sensor and is integrated in an advanced software solution which enables cities and private operators to connect to 3rd party APIs and subsystems to optimize existing services and set up novel approaches to improve their parking operations. This integration allows users to build and integrate customized end-to-end solutions on top of the new parking management system.

“We wanted to take the existing parking technology available today and make it even better.”, explains Victor Sanchez, Product Manager of Smart City Products at Worldsensing. “It’s a challenge for most cities and operators to collect reliable parking occupancy data due to high magnetic noise. Most systems struggle to reach 95% accuracy. We set out to make this an issue of the past.”, states the telecommunications engineer.

Real-world tests with partners across the globe

To validate the data accuracy and system reliability of the updated smart parking technology, Worldsensing conducted tests with partners across the world to test Fastprk in real-world conditions, among them Swarco (Austria), Engie (Belgium) and Parking Sense (USA). From having to work under extreme temperatures or harsh weather conditions such as heavy rain, snow and ice and in environments with high magnetic noise such as in the proximity of metro stations, Fastprk exceeded the partners’ expectations:

“Had I not seen it with my own eyes in LA, I would not have believed how good Fastprk works. 97-98% accuracy and hitting sensors from the gateway over 300 meters away: very impressive.”, points out Larry Eade, VP Operations for parking solution provider Parking Sense.

Do you want to get to know the people behind the Smart Parking Evolution? Watch video

fastprk smat parking video

Sustainable double casing

Once a parking management system has been installed, being able to easily replace parking sensors is an operational requirement by most cities and operators. While Fastprk allows for up to ten years of unattended runtime due to the long battery life integrated in the sensor, the new product features a double encapsulation design. Holes in the tarmac only have to be drilled once to accommodate the technology which is placed in the ground. The outside casing doesn’t need to be replaced. This doesn’t only make maintenance processes easier, but is also more sustainable for the environment.

Beyond parking: Smart city software to enhance operational efficiency

While the Fastprk system is a preferred product for outdoor, on-street parking management, the new Fastprk software can be integrated with indoor, off-street products to complement the offering and enables end-to-end parking solutions. Cities, malls and hospitals, among others, can use the solution for slot utilization optimization, parking guidance, enforcement and payments. Together with its global partner network, Fastprk enables creating and implementing customized solutions tailored to specific pain points such as congestion or enforcement in cities.

“Fastprk was originally a stand-alone product. Our objective was to integrate it in the company’s software ecosystem. We can now track fleets of vehicles in a city, integrate smart lighting and pollution monitoring and bring it all together in one, intelligent, operational solution.”, underlines Michael Roher, Smart City Solutions expert at Worldsensing.

Fastprk, part of the world’s biggest smart parking project

The new Fastprk technology is already part of a real-world project. Together with parking solution provider, Parking Sense, Worldsensing is deploying 20,000 outdoor parking sensors in the proximity of Los Angeles Metro stations. Parking Sense joined forces with Worldsensing to cover the outdoor parking requirements of the project. The combined solution enables drivers to see real-time availability of spots for car-sharing and electrical vehicles as well as those requiring special permits like spaces for disabled drivers.

By means of this smart parking solution, LA Metro will be able benefit from increased ridership and revenues, the city of Los Angeles can experience reduced traffic congestion and emissions, and most importantly the citizens can reap the benefits of their taxes and travel within the city with less hassles and headaches.

The future of Smart Parking and Smart Cities

When asked about why he thinks Worldsensing as a medium sized Barcelona-based business has been able to work with over 60 cities worldwide and has installed over 5.000 parking sensors around the globe in 2016 and 2017 alone, Ignasi Vilajosana, Worldsensing CEO and co-founder sums up:

“I think it’s passion. Everybody in the company is very passionate about what we do. We are all focused on excellence and everyone is committed to the cause – this is what makes the difference – and we can be proud of that.”

Looking back on the last decade of parking and smart city initiatives of the company he founded, Vilajosana concludes:

“The smart parking industry is here to stay, because we live in a connected world. For the last ten years, we have been part of the transformation process of how cities offer parking to citizens and of how operators manage their operations.”, he adds.

“The new Fastprk suite will continue to help shaping the digitization of cities to make them truly smart in the future.”

Want to find out more about Fastprk Evolution? Go to landing page

About Fastprk

Fastprk is the leading outdoor parking management system and ranked among the top four systems by the International Data Corporation (IDC). The new Fastprk evolution suite is based on a Worldsensing innovation project funded by the European Commission called Fastprk2. The Fastprk2 innovation project has received funding from the European Union’s Horizon 2020 research and innovation program under the grant agreement No 726607.

Commercial brand

The commercial Fastprk brand now includes highly accurate, dual-detection parking sensors and runs on an advanced software solution that can connect to 3rd party APIs and subsystems enabling cities, malls and parking operators to optimize slot utilization, implement guidance, enforcement and payments to increase revenues, minimize fraud and reduce traffic. Together with its global partner network, Fastprk enables end-to-end parking management solutions. Enriched with AI features, Fastprk is among the front runners in applying deep learning algorithms for parking predictions and is compatible with modern LPWA radio networks.

About Worldsensing

Worldsensing is a widely recognized global IoT pioneer. Founded in 2008, the Barcelona-based technology provider delivers Operational Intelligence to traditional industries and cities. With over 80 employees and offices in Barcelona, London and Los Angeles, Worldsensing is globally active and has customers in over 50 countries on 5 continents.

Press contact:
Jennifer Harth






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