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Enhanced on-street parking management system

Objective

Smart on-street parking systems aims to reduce CO2 emissions by the reduction of traffic in cities, improving user experience and improving parking areas management. However, current commercial solutions achieve these benefits only in a limited way, and in most of the cases are far away of being attractive for the decision makers (local authorities), which prefer to invest in other proven/mature solutions to reduce CO2 emissions and regulate traffic. Market penetration of on-street smart parking solutions until 2020 is estimated at 1% for a market of around 18 million regulated parking spaces all around Europe, but the potential market is huge if we take into account that 190 million on-street parked spaces could be potentially regulated.

Current solutions available in the market have a parking space accuracy detection of up to 95%, and do not have vehicle identification capabilities. These two features makes impossible to deploy specific solutions for on-street parking spaces that permits a reliable urban traffic management, like occupancy forecasting, fraud control (automatic enforcement), variable pricing, driver guidance, and improved user experience (recommendations and automatic billing).

FASTPRK-2 will overcome these limitations by delivering a cost affordable robust and reliable 100% accuracy detection with vehicle identification, as well as demanding advance tools and services for on-street parking space management. The development of the solution will rely on the results of a feasibility study that will analyse its technical, legal, economic, market and quality viability in the current and future competitive ecosystem.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

WORLDSENSING SL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
CALLE VIRIAT 47 PLANTA 10
08014 BARCELONA
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Cataluña Barcelona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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