Enhanced PARKet solution will cut costs, build revenue and boost effectiveness
Cambridge, 18th May 2015: Telensa, which provides end-to-end solutions to turn the Internet of Things (IoT) into real-world revenue streams, today announced major new deployments of its market-leading smart parking solution in Russia and China.
Telensa’s Russian deployment, in partnership with leading infrastructure firm Gorizont, covers three major cities. It is now in the final stages of rollout. The Chinese project is in the early stages of development; rollout will be finalized Q2 2016. All these deployments – and others due to be announced in the coming months – build on Telensa’s lead in this market with PARKet, one of the world’s most widely deployed bay-sensor solutions.
At the same time, Telensa has announced significant upgrades to its PARKet system aimed at boosting the revenue generating potential of the technology.
PARKet is already helping to reduce congestion and improve usage of inner city parking by directing drivers to the nearest free parking areas. The upgrade means drivers will also be able to register electronic permits, allowing traffic wardens to respond more quickly and effectively to illegal street parking. The result is a more efficient and transparent approach to parking, without the random detection common in visual checking. The new system also has the potential to halve enforcement costs.
Telensa CEO Will Gibson said, “Whenever people talk about smart cities they talk about two key applications: lighting and parking. Telensa is the only company that provides both – and now, with this enhanced parking solution, we also offer the best business case for smart parking on the market.”
The enhanced PARKet solution has already been deployed in St Petersburg, the second major system in Russia for Telensa and its Russian partner Gorizont following the success of their first rollout in Moscow, which today has the world’s largest bay sensor deployment and plans to grow to 70,000 devices. Telensa and Gorizont displaced a number of previous systems in Moscow due to PARKet’s reliability and low cost. PARKet is the only system that is capable of supporting tens of thousands of sensors from each base station and it is the only system to have been proven in multiple deployments, each of several thousand sensors.
Telensa’s unique ability to provide multiple smart city systems means that in many cases the network enabling this money-saving concept can be provided for little or no cost. In addition, by combining multiple smart city applications, data analytics can be provided across a variety of sensing systems. These can be used, for example, to provide real data to inform a city authority’s decisions on whether and how to implement new park and ride schemes.
Telensa delivers ultra-scalable, private network solutions that have monetized opportunities in the IoT space from day one. It is doing this through a robust business model, field-tested technologies and by focusing on high-value opportunities in utilities and smart cities.
Fundamental to the success of Telensa’s offering is its Ultra Narrow Band system, developed over the past 17 years – the longest-range, low power wide area radio technology with an established track record in delivering robust and efficient IoT solutions. Ultra Narrow Band is low risk and best in class – more than 8 million UNB devices have already been deployed across 30 countries.
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Ed Howson – Temono