European Commission funding Worldsensing's "Fastprk 2"

Under the name “Fastprk 2”, IoT company Worldsensing entered a proposal to the European Commission on “enhanced on-street parking management, and the project has been selected for funding. The European Commission has chosen it within the Horizon 2020 SME Instrument Call (Phase 1, grant agreement no. 685196).

The SME Instrument Phase 1 consists of exploring and assessing the technical feasibility and commercial potential of a breakthrough innovation that a Small-Medium Enterprise (SME) wants to develop and commercialise.

Fastprk 2 will run from July 1st to December 31st 2015, and it aims to increase the market penetration and adoption of Fastprk, Worldsensing’s Smart Parking Solution based on embedded wireless sensors installed in each parking bay. The project will focus on gaining market share of this smart on-street parking solution, which introduces certified 100% accuracy on occupancy detection along with advanced services for cities and citizens.

The official list of SME Instrument beneficiaries (Phase 1) is available here.

About Fastprk, by Worldsensing

Fastprk is an intelligent parking system helping drivers to find a parking spot quicker and allowing cities to manage their parking spaces more efficiently. By implementing Fastprk, cities become greener and less congested. Fastprk is a smart solution by Worldsensing, founded in 2008 in Barcelona and holding an office in London, which has become a market leader in innovative wireless machine-to-machine (M2M) and Internet of Things (IoT) technologies. Worldsensing has deployed projects in more than 15 countries, and it was labelled by prestigious “Pike Research” as one of the 17 companies actively shaping the Smart City eco-system

About Worldsensing

Worldsensing is a technological company founded by four engineers: Ignasi Vilajosana, Xavier Vilajosana, Jordi Llosa and Mischa Döhler. Created in 2008 in Barcelona, it has offices in Barcelona and London and it has already become a referent within Smart City and IoT sectors, holding projects in 14 countries and counting on a team of 40 highly qualified employees. Worldsensing revolutionises traffic management and the industrial world through solutions based on wireless sensored networks allowing detection and data capture in real time.

On one hand, its Traffic Division holds a unique traffic management portfolio for Smart Cities that includes Bitcarrier, a real-time traffic management solution, and its smart parking system Fastprk, holding the iconic project that transformed Moscow into a smart city (end of 2013) by deploying more than 12,000 parking sensors. On the other hand, its Industrial Division offers wireless monitoring solutions for civil infrastructures by deploying Loadsensing and by launching Spidernano, one of the world’s most advanced seismic acquisition systems.