Partnership: Parking Sense and Worldsensing join forces in the US

Together, the leaders in smart parking are running the project for LA Metro

Barcelona, May 2018

Parking Sense is a fast-growing intelligent parking solution technology company with over 30 years of parking management and 12 years of sensor-based technology experience. To provide LA Metro with an end-to-end parking management solution, Parking Sense experts internally developed their own indoor parking sensor and have partnered up with Worldsensing and its leading outdoor parking management system, Fastprk, for outdoor deployments.

The partnership aims to take advantage of the strengths and expertise of both companies – indoor parking and US market dominance by Parking Sense and outdoor deployments and global IoT sensor technology provided by Worldsensing. The two companies are also working on the US expansion of end-to-end smart parking technology not only in public parking areas but also for private locations such as hotels, airports and malls, among others.

The LA Metro – The World’s biggest parking project

While Parking Sense is becoming the leading parking provider in the United States, the technology provider won a massive tender in 2016. With the objective to deploy 20.000 outdoor parking places located in the proximity of the Los Angeles Metro stations, Parking Sense joined forces with Worldsensing to cover the outdoor parking requirements of the project.

“We are proud to be the official partner of Parking Sense in a major parking project in the United States. This is proof that Fastprk is the perfect complement for indoor parking providers. We are committed to supporting Parking Sense in their projects in the US and in expanding their business in Europe.”, says Ignasi Vilajosana, CEO and co-founder of Worldsensing.

The biggest challenge of the project was to achieve accurate, real-time parking occupancy data in the area around the metro stations, an environment saturated with high magnetic noise. After extensive joint testing of the new and improved Fastprk sensors with dual magnetic and infrared detection technology, the results proved to be more than satisfactory, and this marked another milestone in the partnership.

“Seriously had I not seen it with my own eyes in LA, I would not have believed how good your product works, 97-98% accuracy and hitting sensors from the gateway over 300 meters away, very impressive.” Larry Eade, Parking Sense Vice President Operations noted enthusiastically.

Together, Parking Sense and Worldsensing are helping to drive positive change with the various stakeholders of the project. First, the LA Metro can benefit from increased ridership and revenues, the city of Los Angeles can experience reduced traffic 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 partners are optimistic on results as they roll-out in the different LA Metro parking areas and other US cities starting this 2018.

About Parking Sense Inc.

Parking Sense is a parking technology organization focused on delivering a comprehensive suite of intelligent solutions to the parking, transportation and mobility industries. Parking Sense delivers a unique combination of hardware and software products to provide an integrated Parking as a Service (PaaS) platform to support the evolution of the driving experience. To find out more about Parking Sense products and services, visit their website: parkingsenseusa.com.

About Fastprk

Fastprk is the leading outdoor parking management system and ranked among the top four systems by the International Data Corporation (IDC). Fastprk includes highly accurate, dual-detection parking sensors and runs on an advanced software solution that can connect 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
press@worldsensing.com

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