Automatic Solution for Legal Parking
The primitive enforcement and payment methods for street parking lead to poor revenues for municipalities.
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 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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