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ParkSharing solution for Business and Community developed by...
created · Updated
Deadline: Nov 13, 2021
Received 0 expressions of interest

Summary

The Romanian company offers a ParkSharing solution for mobile phones that enables parking owners (individuals, parking lot managers, municipalities) to improve the usage and revenue of their parking spaces. If an owner wants to share its parking spot, they can do it by simply listing it in the system and setting billing profiles if desired. The cooperation would be in the frame of a license agreement.

Description

Created by a team with 6+ years’ experience in IT&C, Products development and market research, the solution is addressed to any of the below:
- Municipalities
- Parking Lot managers
- Private Parking Owners
and enables them to open their parking spots towards the drivers’ community.

It empowers the parking owners to easily manage and list their parking spots either by allowing free parking, hourly based fees or subscription plans.

Once a spot is listed in the system, the need of access control systems will only be optional, as any driver will be able to know exactly which spots are free, their cost, and their availability.

The moment they park with the solution, an automated timer starts the billing process, so that at the time of leaving the spot – if fees apply, those will be deducted automatically from connected card.
This way, any parking owners knows in real time, the % of his parking usage, revenue and flow. It also reduces the amount of time wasted by each driver at the payment machines in order to pay their way out of the parking, thus resulting in lower times waiting to entry/exit a parking lot.

Key features of the parking listing and management solution are:
- Easy to list parking spot
- Easy to configure parking spot availability
- Realtime availability control and reporting
- Spot-on communication between parking owner and driver
- Fast & Reliable payment integration

Benefits of implementing the solution include:
- Low costs of initial deploy
- Low costs of maintenance and management
- No hardware costs
- Easy and fast monetization options

Adding one (or more) parking spaces in the solution is as simple as opening the app (or the website) and filling in 4 fields that help any user locate it on Google Maps.

Next step is setting availability of the parking spot (which can be hourly, daily, or weekly scheduled).

If the user is a company or municipality, it can set its own fees for renting / hour. If users are individuals, the company will make sure to set their renting fees at the best rate the market can offer.

Drivers can find and park on the listed parking spots by just opening the app and navigating to the desired location as identified on the map. They can set a desired time to stay, and depending on the time they leave the parking, their account will be automatically charged based on the parking time.
This way, it can be circumvented both the costs and pain of barriers or poles that constantly need maintenance and generate huge queues at high traffic hours and the pain of having to search for a free parking lot for minutes and also having to lose minutes paying at physical payment machines or even cashiers.

The solution providers are actively looking for business, parking lot managers or municipalities which they can help solving the parking management pain by deploying and adapting the solution to their needs. The cooperation will be in the frame of a license agreement.

Collaboration is divided in a 4 steps process:
1. Free consultation process
Meeting & Discussion about needs, location assessment, solution overview
2. Free solution adaptation proposal
Elaborated solution adaptation proposal, that fit the on-site needs (incl. Customisation cost offer)
3. Implementation phase
Customisation process in constant communication with the operational team of the beneficiary
4. Delivery and lifetime support
Full assistance during delivery, deploy and exploitation, providing technical and security updates. All included in a fixed or % of usage maintenance fee.

The members of the company have started working together for more than 6 years, as a young mixed team of entrepreneurs, software developers, marketing specialists, with experience and passionate about this field. They are know interested in promoting their products at an international level and in developing partnerships with companies from abroad.

Advantages & innovations

The innovation consists in the way sharing economy principle is applied to improve the way each driver and park owner can benefit from existing parking spots. For the private parking owner, the benefits arise from the low (to none) costs of listing his parking spot, to the easiness and flexibility of sharing and managing it and the rewards partners offer in the system. For the parking lot managers, the advantages offered are in terms of better parking lot management, availability information and an increased reach among drivers. All of the above for a fraction of the costs a classic parking lot management solution would imply. For municipalities, data analysis system and on street detection can be implemented to offer their citizens real-time information of the nearby parking lot availabilities and the possibility to pay simply from the app, without having to hunt park-o-meters and worry about ticket expiration. A driver will benefit from a large variety of parking options, that will keep him less stuck in traffic and worry free, thus having more time to enjoy his day.

Stage of development

Already on the market

Partner sought

The solution provider would like to collaborate with: - A parking lot manager or private parking owners looking for ways to improve revenue and reduce costs of maintaining and exploiting available parking lot. All these, while offering a modern, fast, and comfortable experience for its beneficiaries - A municipality that is looking to more efficiently map parking pressure, use and monetise existing parking infrastructure, identify development needs and opportunities based on real-time data from it’s inhabitants. Collaboration is divided in a 4 steps process: 1. Free consultation process Meeting & Discussion about needs, location assessment, solution overview 2. Free solution adaptation proposal Elaborated solution adaptation proposal, that fit the on-site needs (incl. Customisation cost offer) 3. Implementation phase Customisation process in constant communication with the operational team of the beneficiary 4. Delivery and lifetime support Full assistance during delivery, deploy and exploitation, providing technical and security updates. All included in a fixed or % of usage maintenance fee. The partner will benefit from the flexibility of the solution by defining any type of revenue models for their parking spots (hourly, daily, subscription based). The cooperation would be in the frame of a license agreement. The partners will benefit from a fully flexible payment plan with the solution provider, that can be chosen, based on needs and exact situation from a list of options like: - initial setup fee + yearly/monthly fixed subscription - initial setup fee + usage based commissioning (% of income) - just usage based commissioning (% of income)

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