Wisesight

Automatic Solution for Legal Parking

The Problem:
The primitive enforcement and payment methods for street parking lead to poor revenues for municipalities.

WiseSite Solution

Based on our past experience with electro-optical surveillance & tracking systems, Wisesight developed an intelligent algorithm which is implemented in its optical systems. This technology allows automatic real-time monitoring of street parking, with a new method of payment that is smart, simple and efficient.

Business 2 Business Model

  • Primary customers are the municipalities.
  • Our solution and income model is far more focused and efficient than that currently used by municipalities.

Turn Key Solution

  • Zero installation and maintenance costs for the municipality
  • Significant overhead reduction for the municipality
  • Revenues for the municipality from day one
  • Revenues for Wisesight from day one quickly offsetting our costs of installation.

Long-Term Agreement

  • Long-term agreements of 5+5 years with the municipalites
  • A daily relationship with the municipalities decision makers for future co-operation
  • Integral part of municipal infrastructure
  • Paving the way for “smart city”

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