Many cities are struggling with parking problems, not due to a lack of vacant parking slots, but simply because drivers don’t know where they can be found. Drivers often spend long frustrating hours roaming around town, adding to congestion.
Sensade provides an IoT-based smart parking solution that provides real-time information about parking availability across the city. Available parking spaces are displayed on LED street signs that refer drivers directly to a free parking space. Stakeholders such as municipalities and private operators can view historical and real-time data on a dashboard, allowing for further analysis of parking patterns, and thus the ability to optimize parking management. Moreover, the company offers API solutions for hardware and software integration.
Sensade’s solution has a huge potential to optimize space and time in dense and busy urban environments, ultimately mitigating traffic congestion and air pollution while improving drivers’ experience.
KEY CUSTOMERS & INTERNATIONAL PRESENCE
The key customers of Sensade are municipalities, to whom they provide turnkey parking solutions based on a subscription model. Sensade’s services are currently exclusive within the Danish borders, however they are now looking to embark their operations internationally.
Unique selling point
Based on proprietary hardware and software, Sensade provides a unique overview of the parking situation for municipalities. The optimization of the existing parking infrastructure, with the help of accurate data, saves municipalities millions each year.
Sensade believes their solution can bring great value to the dense and busy Asian urban environments, and they are looking to connect with investors with knowledge on market entry and scaling in Asia, as well as distribution partners and clients.
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